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Inflation Forecasts, Monetary Policy and Unemployment Dynamics : Evidence from the Us and the Euro Area
Ciccarelli, Matteo - 2007
alternative monetary rules on unemployment dynamics in the euro area and the US. We use the inflation forecasts of 8 competing …This paper explores the role that inflation forecasts play in the uncertainty surrounding the estimated effects of … relative to the different inflation models under two rules. The results suggest that model uncertainty can be a serious issue …
Persistent link: https://www.econbiz.de/10012777870
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Cyclical Inflation Divergence and Different Labor Market Institutions in the Emu
Campolmi, Alessia; Faia, Ester - 2021
This paper relates the size of the cyclical inflation differentials, currently observed for euro area countries, to the … cyclical inflation differentials. The proposed mechanism is a supply side one in which differences in labor market institutions …
Persistent link: https://www.econbiz.de/10013317627
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Inclusive growth : what future for the European social model?
Schmid, Günther - 2014
empirical sketch on to what extent Europe has already succeeded with respect to this ambitious goal. The result is quite … and Income Security (EIS) to strengthen the inclusive function and stabilisation impact of national unemployment insurance …
Persistent link: https://www.econbiz.de/10010357609
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Unemployment persistence in Europe : evidence from the 27 EU countries
Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Trejo, … - 2021
This paper investigates unemployment persistence in the 27 EU member states by applying fractional integration methods …
Persistent link: https://www.econbiz.de/10012668044
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How to combine the entry of young people in the labour market with the retention of older workers?
Eichhorst, Werner; Boeri, Tito; De Coen, An; Galasso, … - 2013
This paper provides an overview of the employment situation of young and old workers in the EU Member States, setting out the most recent development during the crisis and dealing with policies implemented to promote the employment of both groups. The evidence collected shows that there is no...
Persistent link: https://www.econbiz.de/10010228786
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Inflation, Real Economic Growth and Unemployment Expectations : An Empirical Analysis Based on the ECB Survey of Professional Forecasters
Ramos-Herrera, María del Carmen - 2017
Expectations are at the centre of modern macroeconomic theory and policymakers. In this paper, we examine the predictive ability and the consistency properties of macroeconomic expectations using data of the European Central Bank (ECB) Survey of Professional Forecasters (SPF)
Persistent link: https://www.econbiz.de/10012961331
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Demographic Change and the European Income Distribution
Dolls, Mathias - 2018
This paper assesses the effect of key demographic changes (population ageing and upskilling) that are expected by 2030 on the income distribution in the EU-27 and examines the potential of tax-benefit systems to counterbalance negative developments. Theory predicts that population ageing should...
Persistent link: https://www.econbiz.de/10012922447
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Women Labor Market Participation in Europe : Novel Evidence on Trends and Shaping Factors
Cipollone, Angela - 2014
We investigate the changes in women's participation patterns across 15 EU countries over the last 20 years using individual data from ECHP and EUSILC databases. Our findings reveal a role of social policies and institutional factors that is stronger than what has so far been assessed. Labor...
Persistent link: https://www.econbiz.de/10013061960
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Bridge jobs in Europe
Brunello, Giorgio; Langella, Monica - In: IZA journal of labor policy 2 (2013), pp. 1-18
We study the transitions from career to gradual and permanent retirement by a sample of (Continental) European males aged 55 to 70 in the late 2000s. We find that only 14.6% of the workers in this sample moved from a career to a bridge job by the time of the interview, much less than in the...
Persistent link: https://www.econbiz.de/10010205769
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Demographic change and the European income distribution
Dolls, Mathias; Doorley, Karina; Paulus, Alari; … - 2018
This paper assesses the effect of key demographic changes (population ageing and upskilling) that are expected by 2030 on the income distribution in the EU-27 and examines the potential of tax-benefit systems to counterbalance negative developments. Theory predicts that population ageing should...
Persistent link: https://www.econbiz.de/10011864961