In this study Data Envelopment Analysis (DEA) is used not only to develop an efficiency index which combines economic activity, CO2 emissions and energy consumption of the production process in the 31 countries of Europe for the year 2004, but also to make estimates about the margins of long...

This paper reviews important aspects of gender labour market inequalities in four European Union countries. It shows that individual countries differ in many aspects of gender discrimination. It seems that contributing factors to these differences are the national social and economic structures,...

Die Krisen der letzten Jahre haben in Europa die Jugendarbeitslosigkeit kräftig ansteigen lassen, was das schon seit langer Zeit bestehende Phänomen der weit über dem Durchschnitt liegenden Arbeitslosigkeit der Jugendlichen deutlicher hervortreten lässt. In manchen Ländern erreichte die...

Industrial decline and restructuring in the transition economies presents a prime example of the relationship between changes in aggregate economic indicators and underlying microeconomic adjustments. This paper employs matched labor force survey data to focus on the magnitude and determinants...

A major labour market challenge following the Great Recession is to avoid an increase in long-term unemployment and thus the structural unemployment rate. Active labour market policies may play an important role in this respect. We consider these issues with outset in Denmark which is a country...

Die Jugendarbeitslosigkeit in Deutschland sinkt auf den tiefsten Stand seit der Wiedervereinigung. Zwischen 2005 und 2012 hat sich die Zahl der Erwerbslosen unter 25 Jahren mehr als halbiert. Im internationalen Vergleich steht Deutschland damit hervorragend da. Nirgendwo in Europa ist die...

We study the cost-effectiveness of a transferable emissions permit system (TEPS) vis a vis a system of emissions standards. Our analysis includes along with abatement costs, the costs of enforcing the system to induce compliance. Further, the analysis considers complete and incomplete...

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...

We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to...

The paper formulates a piecewise linearized version of the procedure developed by Sato (1983) and analyzes its properties. In so doing, Fujigaki’s (1981) private goods economy is extended to involve a public good; and the intertemporal game of Champsaur and Laroque is piecewise localized by...