This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...

The purpose of this report is to provide a comparative analysis of the extent to which 31 European states (the 28 Member States and the 3 EEA countries: Iceland, Liechtenstein and Norway) have adopted measures which promote the reconciliation of working and private and family life. In contrast...

This paper presents a two period overlapping generations model with endogenous growth in the presence of a public sector with objectives of convergence for public debt and primary balance to GDP ratios. In order to ensure the existence of converging paths towards the target values of fiscal...

This paper investigates fiscal sustainability in an overlapping generations economy with endogenous growth coming from human capital formation through educational spending. We assess how budgetary imbalances affect economic dynamics and the outlook for economic growth, thereby providing a...

The sectoral allocation of labor differs considerably across developed economies, even in the presence of similar patterns of structural change. A general equilibrium model that captures the stylized facts of structural change is presented. In this framework, product market regulations raise...

Developments in Working Life in Europe 2014 is part of a series of annual reviews published by Eurofound and provides an overview of the latest developments in industrial relations and working conditions across the European Union and Norway. The Annual Review collates information based on...

Working time policies, although designed within the national and sectoral framework and the boundaries of institutional regulations, are fine-tuned and implemented at the level of each company, taking account of the environment in which the company operates and the workforce it is employing....

This report outlines the current situation regarding work intensity, indicating a clear link between work intensity and poor working conditions, both physical and psychological. The analysis is based on findings from the fourth European Working Conditions Survey carried out in 31 countries,...