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the COVID-19 pandemic on the auto sector and aggregate activity in Europe. Our results suggest that these labor supply … shocks would have a significant adverse impact on the major auto producers in Europe, with one-third of the decline in the …
Persistent link: https://www.econbiz.de/10013170591
Persistent link: https://www.econbiz.de/10010388846
implications of current policies for future public finances. This could be problematic, including in the case of Europe, where …, even in excess of its GDP level, and is projected to worsen further over time. This suggests that Europe’s current policies …
Persistent link: https://www.econbiz.de/10014402857
The Great Recession affected export and import patterns in our sample countries, and these changes, coupled with a more volatile external environment, have profound impact on our estimates of real exchange rate misalignments and projections of sustainable real exchange rates. We find that real...
Persistent link: https://www.econbiz.de/10014398417
a set of 21 Europe countries, we show that while the short-term response of participation rates to labor demand shocks … is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time …
Persistent link: https://www.econbiz.de/10014411406
, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …
Persistent link: https://www.econbiz.de/10014395687
to explain CDS spreads of sovereigns in peripheral Europe - the model specification should be cognizant of the under …
Persistent link: https://www.econbiz.de/10014396907
-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe …
Persistent link: https://www.econbiz.de/10014397470
This paper presents novel empirical evidence on the labor market integration of migrants across Europe. It investigates …
Persistent link: https://www.econbiz.de/10011932485
in Europe. It documents that migration played a significant role in alleviating aging pressures on labor supply by …
Persistent link: https://www.econbiz.de/10011866524