We explore the impact of wage adjustment on employment with a focus on the role of downward nominal wage rigidities. We … results point to a negative effect of downward wage rigidities on employment at the firm level …

This paper analyses differences in employment volatility in foreign-owned and domestic companies using firm-level data … from 24 European countries. The presence of foreign-owned companies may lead to higher employment volatility because … more exposed to external shocks. We assess the conditional employment volatility of firms with foreign and domestic owners …

employment losses, especially in some sectors. The extent to which the rise in unemployment and particularly long …

countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth …

We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …

Using the first wave of the Eurosystem Household Finance and Consumption Survey (HFCS), a large micro-level dataset on … household characteristics and asset holding patterns. Real assets make up the bulk of total assets. Whereas ownership of the …