The effects on employment of the recent economic crisis have become evident and persistent in many OECD countries, exacerbating on the one hand the demand for more flexibility by the firms; on the other the need to ensure workers security. 'Flexicurity', an institutional frame implementing a...

When a conflict breaks out, warring states' bond prices generally experience sharp declines. As military defeat may prompt the winner to ask for reparations, bonds issued by the losing party are usually even more affected. By contrast, during the Second Anglo-Boer War (1899-1902), the prices of...