In the context of the eurocrisis and its current management, the long 'road to Social Europe' appears to has become a dead end. The present volume explores in a comprehensive and interdisciplinary way the processes and driving forces at the root of the current social downward spiral. It examines...

We use a Vector Auto Regression (VAR) analysis to explore the (spill-over) effects of fiscal policy shocks in Europe. To enhance comparability with the existing literature, we first analyse the effects of these shocks at the national level. Here, we employ identification based on Choleski...