believed to have held back the cyclical recovery of the US economy. A key question for the US outlook is therefore whether …

Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt … deleveraging help explain the dismal performance of US consumption since 2007 in the aftermath of the housing bubble. By separating …

believed to have held back the cyclical recovery of the US economy. A key question for the US outlook is therefore whether …

Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt … deleveraging help explain the dismal performance of US consumption since 2007 in the aftermath of the housing bubble. By separating …

We extend the scarce evidence on labor supply in post-transition countries by estimating the wage elasticity of labor …

This paper presents new evidence on the impact of the preferential treatment of owner-occupied housing in Europe. We … level under neutral taxation. On average, the tax subsidy translates into an excess consumption of housing services … portfolios. The bulk of the subsidies stems from under-taxation of the return to home equity, while the average contribution of …

which allows us to measure these variables at a jurisdictional level for a time when comprehensive social security was …

sector, four sub-sectors and twelve service sector branches. Recently, both Europe and the US have experienced an increase in … the growth of service jobs in Europe relative to the US persists. Understanding the main factors behind this gap is key to … achieving higher employment levels in Europe. This paper focuses on the role of barriers in the EU-15 which may have hindered …