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In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...
Persistent link: https://www.econbiz.de/10014164095
The European Commission (EC) has proposed expanding the European Defence Fund, an initiative to fund defense technology developed in Europe. As a general matter, only European firms would have access to the fund for development, and participating European nations would need to commit themselves...
Persistent link: https://www.econbiz.de/10014112981
While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long …
Persistent link: https://www.econbiz.de/10012545022
While unemployment rates in Europe declined after the global financial crisis until 2018/19, the incidence of long …-term unemployment, the share of people who have been unemployed for more than one year to the total unemployed, remained high. Moreover …, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores factors associated with long …
Persistent link: https://www.econbiz.de/10013315122
We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
Persistent link: https://www.econbiz.de/10010424822
-2019 period, we use Bayesian Model Averaging and quantile regression to assess notably the relevance of unemployment and earnings …. Moreover, one percentage point increase in the difference in the unemployment rate is associated with an increase in net …
Persistent link: https://www.econbiz.de/10013463673
In contrast to the recently decreasing unemployment rates in the EU, long-term unemployment remains at alarming levels … standard measures of long-term unemployment and alternative measures of long-term non-employment. Next, we take a closer look …
Persistent link: https://www.econbiz.de/10011333578
and restrictions on fixed‐term contracts; (2) unemployment benefit generosity and coverage; and (3) the intensity of … unemployment benefits and access to ALMPs. In particular, we will provide some evidence on potential changes in hirings on …
Persistent link: https://www.econbiz.de/10011455858
In contrast to the recently decreasing unemployment rates in the EU, long-term unemployment remains at alarming levels … standard measures of long-term unemployment and alternative measures of long-term non-employment. Next, we take a closer look …
Persistent link: https://www.econbiz.de/10013015032
Unemployment in Europe is not only “too high”, it is also too different across countries that belong to a monetary … indications as to the appropriate set of policies to reduce unemployment and labour market disparities. Our analysis suggests that … interactions. We also propose a change in the European policy approach for fighting unemployment …
Persistent link: https://www.econbiz.de/10013011311