There is ample evidence of widespread inefficiency in health care systems. This paper aims to estimate relative efficiency of health care systems across all EU countries. The paper uses a comprehensive battery of models with different combinations of input and output variables. Outputs are the...

This paper uses vector auto-regression (VAR) models and a panel fiscal reaction function (FRF) to simulate debt ratios for fifteen EU Member States according to four regimes which are the Cartesian product of two types of errors (normal or bootstrapped) with two alternative assumptions on the...

Employment in Europe 2010 begins by assessing EU labour market adjustment since the onset of the economic crisis, taking account of the crisis' impact and future prospects. It also analyses EU and Member State policies aimed at mitigating the effects of the crisis and supporting recovery, and...

Over the last 20 years, acute care hospitals in most OECD have built up costly overcapacities. From the perspective of economic policy, it is desirable to know how hospitals of different ownership form respond to changes in demand and are probably best suited to deal with existing...

Huge underinvestment increases the need for private borrowing in the German hospital sector, the access to which is partly determined by the probability of default (PD) of individual hospitals. Using ordinary least squares and quantile regression techniques this paper provides first empirical...