This paper investigates the role of institutions for labour market performance across European countries. As participation rates have been rather stable over the past, the unemployment problem is mainly caused by shortages in labour demand. Labour demand is expressed by its structural...

The paper analyses the link between human capital and regional economic growth in the European Union. Using various indicators of human capital calculated from census microdata, we conclude that the recent economic performance of European regions is associated with an increase in overeducation....

The paper presents a multivariate approach on transitions into work for five non working groups including the unemployed, the Attached, people in education, people doing housework and others. The study is based on ECHP data from 1994 to 1998. It is expected that individuals in the Attached group...

Neben Erwerbslosen nehmen auch sonstige Nichterwerbstätige häufig eine Beschäftigung auf. Diese Personen werden jedoch gewöhnlich nicht bei der empirischen Bestimmung des Arbeitsangebotes erfasst. Ein Grund liegt in der Schwierigkeit ihrer Erhebung, da sie üblicherweise in keinen Registern...

There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the ECB's monetary policies. In order to test this ?ECB-handicap? hypothesis, we perform a meta-analysis of the effects of monetary policies in the US and the Eurozone countries....

The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...

The main goal of regionalization is the creation of free trade areas and the guarantee for countries to accede to a widened market. Many studies dealing with the effects of regional free trade agreements on trade flows already exist in the economic literature and the explosion in the number of...