Traditional theory about international business suggests that companies first establish a solid home market and go global only in later stages of their life cycle. However, this view is challenged by research that shows that some firms internationalise quickly after start-up – so-called...

The first official data releases of quarterly real GDP for the euro area are published about eight weeks after the end of the reference quarters. Meanwhile, ongoing economic developments must be assessed from various, more readily available, monthly indicators. We examine in the context of...

This paper analyses the information content of M1 for euro area real GDP since the beginning of the 1980s and reviews theoretical arguments on why real narrow money should help predict real GDP. We find that, unlike in the U.S., in the euro area, M1 has better and more robust forecasting...

Supply and use tables and symmetric input-output tables are an integral part of the European System of Accounts (ESA 1995). The present Input-Output Manual discusses compilation issues and provides best practices and harmonised solutions. Its main objective is to assist statistical institutes in...

Prior to the recession of 2008/09 household saving was extremely low in the United States. In the context of the recession the saving rate has increased by about 2 percentage points to close to 4%. Such a rise is in line with the record from previous recessions. The study argues that, this time,...

There is a growing realisation of the importance of strenghthening the preventive, developmental, promotive, transformative, integrative and re-integrative context of social protection in sub-saharan Africa - through ensuring that poor and vulnerable people are linked to labour market and...

The situation of young people in the labour market in Finland worsened during the recent economic recession. It has subsequently improved, but these positive changes don’t cover all job seekers, for example young people with health problems or disabilities. The employment rate of people with...

In Poland policy relating to people with disabilities does not differentiate between different groups – all groups are treated equally. There are no policies or programmes that particularly promote the participation of young people with disabilities in the open labour market. As in many other...

In Spain disability is officially recognised when the competent evaluation services assess a person as having a minimum 33% disability level. This evaluation is carried out by regional governments and there are differences among regions, which can result in a person obtaining a disability...

Denmark is a welfare society. The current aspiration of Danish disability policy is equal treatment for all, regardless of physical or mental capacity. This objective is the result of an evolutionary process, the effect of which is that people with disabilities are increasingly integrated into...