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This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10008520146
This lecture is a tour dhorizon of the financial crisis aimed at extracting lessons for future financial regulation. It combines normative recommendations based on conventional welfare economics with positive assessments of the kind of measures likely to be adopted based on political economy...
Persistent link: https://www.econbiz.de/10008495220
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10008492138
Persistent link: https://www.econbiz.de/10008490263
Persistent link: https://www.econbiz.de/10008575504
Inflation has been persistently below the inflation target of the ECB despite the ongoing economic recovery in the euro area. In this paper, we analyse whether the relationship between inflation and economic activity in the euro area has changed based on a review of the literature and discuss...
Persistent link: https://www.econbiz.de/10015286328
Inflation has been persistently below the inflation target of the ECB despite the ongoing economic recovery in the euro area. In this paper, we analyse whether the relationship between inflation and economic activity in the euro area has changed based on a review of the literature and discuss...
Persistent link: https://www.econbiz.de/10015286401
Persistent link: https://www.econbiz.de/10008610836
Persistent link: https://www.econbiz.de/10008495202
Arbeitsmarkt wird sich weiter eintrüben, doch bleibt der Anstieg der Arbeitslosigkeit vergleichsweise moderat. Bis zum Ende des …Die Konjunktur in Deutschland hat sich stabilisiert. Die Produktion im zweiten Quartal 2009 verlief überraschend … Jahres 2010 wird die Arbeitslosigkeit auf 4,2 Mill. Personen steigen. …
Persistent link: https://www.econbiz.de/10008495223