Over the last decade Italy has seen a strong increase in the number of workers on the border between self-employment and employment. Depending on the data source the “parasubordinati”, i.e. workers with a “contract of continuous collaboration” (collaborators) represented between 1.8%...

The number of workers on the border between self-employment and employment has strongly increased across Europe over the last decade. This paper investigates whether and in what respect these workers differ from employees and self-employed, and analyses whether these work relationships are a...

Austria is an interesting economy due to its strong industrial relations with institutionalized collective bargaining over wage negotiations and working conditions. Currently, Austria’s GDP per capita is high, but unemployment, although comparably low on an international scale, is not...

This paper puts forward a Bayesian Global Vector Autoregressive Model with Common Stochastic Volatility (B-GVAR-CSV). We assume that country specific volatility is driven by a single latent stochastic process, which simplifies the analysis and implies significant computational gains. Apart from...

The widespread use of composite indices has often been motivated by their practicality to quantify qualitative data in an easy and intuitive way. At the same time, this approach has been challenged due to the subjective and partly ad hoc nature of computation, aggregation and weighting...