The Covid-19 pandemic severely affected some categories of non-standard workers, and particularly the self-employed. The emergency measures cushioned the potentially disastrous effect on their social circumstances, but undeniably highlighted even more the gaps in their access and entitlement to...

This Working Paper examines options for the design of a workable fiscal union for the euro area. It provides a comparative study of fiscal institutions in the US and euro area in order to supply lessons from the operation of the US fiscal regime that could inform the design of the, hitherto...

The paper analyses the economic policy-making in the first phase of the epidemic in five Central Europe countries, Austria, Czechia, Hungary, Slovakia and Slovenia, whose economic structure is characterized by strong export orientation. We focus on the participatory character of the governments'...

This paper presents the latest results of the European Job Quality Index, updated with 2021 data, and compares the relative performance of EU countries on the Index over time. The study makes both a conceptual and an empirical contribution, by proposing an approach to measuring job quality...

Der Europäische Rat von Lissabon hatte den Rat und die Kommission aufgefordert, bis Juni 2000 ein Benchmarking einzuleiten, dessen erste Ergebnisse bis Dezember 2000 vorliegen sollten. Die ersten greifbaren Resultate der Unternehmenspolitik werden im folgenden dargestellt.

Als Folge von Veränderungen im Unternehmensumfeld haben sogenannte innovative arbeitsorganisatorische und personalpolitische Instrumente, wie z.B. Gruppenarbeit oder ergebnisabhängige Entlohnung, in den vergangenen Jahrzehnten eine enorme Verbreitung erfahren. Die vorliegende Studie erarbeitet...

The role of SMEs in economic development has been well recognized. SMEs have been regarded as an important contributor to employment generation and wealth creation in a developing economy. Ironically, however, SMEs have been discriminated against considering a raft of issues. In almost all...

The empirical literature on nominal exchange rates shows that the current exchange rate is often a better predictor of future exchange rates than a linear combination of macroeconomic fundamentals. This result is behind the famous Meese-Rogoff puzzle. In this paper we evaluate whether parameter...

We examine episodes of large gross FDI inflows - surges - at the sectoral level between 1994 and 2009 for 95 emerging-market and industrial countries. We find that surges in the primary and manufacturing sectors are less cyclical and associated with lower macroeconomic volatility than surges in...

We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...