With the development towards comprehensive and more sophisticated border control regimes, the problem of protection seekers’ access to EU territory has increasingly come into focus. Disorderly movement is presently the main avenue to safety in the EU, and human smugglers act as important...

"Die in den vergangenen Jahren anhaltend hohe Arbeitslosigkeit machte arbeitsmarktpolitische Gegenmaßnahmen immer notwendiger. Dabei spielten Arbeitsbeschaffungsmaßnahmen (ABM) in vielen Ländern eine wichtige Rolle. In dem Artikel werden die Programme zur Arbeitsbeschaffung aus fünf Ländern...

"Beschäftigungsschwierigkeiten von Jugendlichen existieren in anderen Ländern meist schon seit längerer Zeit als in der Bundesrepublik Deutschland. Als generelle Ursache der Arbeitslosigkeit von Jugendlichen wird insbesondere das Zusammentreffen der demographisch bedingten Zunahme von...

"This paper analyses the (self-)selection of migrants between countries which have substantial differences in the inequality of earnings and income levels. In an extended version of the Roy-model we consider migration costs, which tend to grow less than proportional with the income level. As a...

We use Bayesian time-varying parameters VARs with stochastic volatility to investigate changes in the marginal predictive content of the yield spread for output growth in the United States and the United Kingdom, since the Gold Standard era, and in the Eurozone, Canada, and Australia over the...

We estimate the degree of ‘stickiness’ in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of auto-correlation, with a stickiness...

We develop a time-varying transition probabilities Markov Switching model in which inflation is characterised by two regimes (high and low inflation). Using Bayesian techniques, we apply the model to the euro area, Germany, the US, the UK and Canada for data from the 1960s up to the present. Our...

Central bank independence is a common feature in advanced economies. Delegation of monetary policy to an independent central bank with a clear mandate for price stability has proven to be successful in keeping a check on inflation and providing a trusted currency. However, it is also a fact that...

Using two period comparisons of six wealthy nations, the authors look at the extent of inequality at three levels of income: earned income, market income, and after tax and transfer disposable income. Interesting implications of the results are discussed.