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This paper estimates the impact of fiscal consolidation on unemployment and job market flows across EU countries using … show that the impact of fiscal consolidation on cyclical unemployment is temporary and significant mostly for expenditure …-finding rate corresponds to a longer average duration of unemployment spells, fiscal policy shocks also tend to have a stronger …
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Europe is putting in place a new system of fiscal rules following the euro area sovereign debt crisis and decades of rising government to debt-to-GDP ratios. These include the so-called “six pack” to upgrade the Stability and Growth Pact to a new Treaty incorporating the “fiscal...
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pt. 1. Labour market mobility and in-work transitions -- pt. 2. 'Scarring' effects of unemployment and non …
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