Highly interconnected global supply chains make countries vulnerable to supply chain disruptions. In this paper, we estimate the macroeconomic effects of global supply chain shocks for the euro area. Our empirical model combines business cycle variables with data from international container...

Workshop Program: Session 1: International Macro and Uncertainty; Session 2: What is happening to the Phillips curve?;

The conference seeks to bring together academics and policy makers to discuss the aggregate implications of structural reforms, both from a theoretical and an empirical perspective. Topics: - The macroeconomic impact of structural reforms, both in the short and long run - The optimal timing of...

With unemployment rising and potential growth faltering, labor market reform has become more necessary than ever in OECD countries. Divergences remain however vivid regarding the direction of reforms: Which labor contracts? What role for labor taxation? Which minimum wages? What role for labor...

Employment is a key aspect of inclusive and sustainable development and this conference will deal with the following key labor market issues: - short and medium term outlook for jobs; - informal and non-regular employment; - unemployment insurance and social policy in developing Asia; -...

Aims of the conference include: - analyze the theoretical and empirical relationship between social protection, household savings and income drawing from the experiences of various countries.; - analyze the relationship of other related factors such as quality of public governance, demographic...