This paper studies the informational content of the slope of the yield curve as a predictor of recessions in the euro area. In particular, the historical predictive power of ten yield spreads, for different segments of the yield curve, is tested using a probit model. The yield spread between the...

Policy attention to the security industry increased substantially after the terrorist attacks in the U.S. on September 11th, 2001. With an increased demand for security, the global security market grew a tenfold to around €100 billion in 2011. Many studies expect that growth of the worldwide...

This report sets out a detailed analysis of the specific weaknesses typical of women's working lives in Europe. In order to give an overview of the situation in all 27 EU Member States, eight countries have been selected in the light of the conclusions reached by the comparative literature on...