Junge Menschen in Europa haben weiterhin große Schwierigkeiten beim Eintritt in den Arbeitsmarkt. Obwohl die Jugendarbeitslosenquote in einigen Mitgliedstaaten allmählich zurückgeht, konnten insgesamt 23 % der jungen Arbeitssuchenden in Europa im Alter zwischen 15 und 24 Jahren in der EU28 im...

Young people in Europe continue to experience great difficulties in entering the labour market. Although the youth unemployment rate in a few Member States has started to fall, overall 23% of young European job-seekers aged 15–24 could not find a job in January 2014. In 2012, 14.6 million...

This report has been written in the framework of the EU-funded research project “Support for Farmers’ Cooperatives”. This project was commissioned by the European Commission DG Agriculture and Rural Development, and carried out in 2011 and 2012 by a large consortium of researchers from...

This paper employs stochastic simulations of a small structural rational expectations model to investigate the consequences of the zero bound on nominal interest rates. We find that if the economy is subject to stochastic shocks similar in magnitude to those experienced in the U.S. over the...