Was hat der Euro mit griechischer Mythologie zu tun? Ganz einfach: Wie Odysseus dem Klang der Sirenen, so haben die EU-Mitgliedstaaten der Verführungskraft neuer Schulden zu widerstehen. Im Rahmen der aktuellen Politik werden sie jedoch immer wieder schwach. Der neue Chef des ifo Instituts,...

When someone becomes involuntarily unemployed, they typically lose not only income and wealth but also psychological well-being as a result of the experience of being unemployed. This paper proposes that when a plaintiff proves that a defendant's illegal action caused the plaintiff to be...

This book explores the prospects for the emergence of a distinctly European pattern in industrial relations, in which European-level organisations representing employers and trade unions gain in importance

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting lagged adjustment processes. In the context of...