This paper presents a Structural Vector Autoregressive (SVAR) model with particular attention to the Hungarian labour market. The identification of structural shocks is based on sign restrictions. We identify four structural shocks: a labour supply, an aggregate supply, an aggregate demand and a...

Social networks, or “job-referral” networks, can help make labor markets become more efficient. Outside the firm, they help workers obtain employment after displacement and secure higher-paying jobs. They can also match highly-skilled workers to more productive employment. Inside the firm,...

The historic decision at the Euro Summit on July 12, 2015, to continue supporting Greece as a member of the EU and the euro family, provided Greece the chance to return to growth and sustainability, provided it takes the necessary steps to continue with its reforms. Jointly the Greek government...

Die historische Entscheidung für Griechenlands Verbleib in der Eurozone und der Europäischen Union auf dem Eurogipfel am 12. Juli 2015 hat Griechenland die Chance eröffnet, wieder zu Wachstum und Nachhaltigkeit zurückzukehren. Dies setzt allerdings voraus, dass es die notwendigen Schritte...

In this study, we use Okun's Law to examine whether growth has been jobless in seventeen MENA countries. The methods used are the ARDL approach for the individual country and the panel data analysis for the entire sample. The period considered in this study is from 1980 to 2013. To test for...

We study whether employment history can provide information about a worker's non-cognitive skills - in particular, about "work attitude", or the ability to work well and cooperatively with others. We conjecture that, holding all else equal, a worker's frequent job changes can indicate poorer...

In this paper the authors propose that G20 countries endorse and facilitate the creation of a T20 digital platform for "Accelerating the Jobs of the Future". In a world driven by a new wave of technological change, the platform would revalue the role of think tanks, research institutions and...

We provide stylized facts on the existence and dynamics over time of the large firm wage premium for four countries. We examine matched employer-employee micro-data from Brazil, Germany, Sweden, and the UK, and find that the large firm premium exists in all these countries. However, we uncover...

In this paper the authors propose that G20 countries endorse and facilitate the creation of a T20 digital platform for 'Accelerating the Jobs of the Future'. In a world driven by a new wave of technological change, the platform would revalue the role of think tanks, research institutions and...