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specialization, growth, and convergence in the context of European integration. They offer fresh theoretical and empirical evidence … increased integration. These subjects are addressed in both individual and cross-country analysis using innovative methodologies …. Integration, Growth and Cohesion in an Enlarged European Union will be of particular interest to researchers and policy makers …
Persistent link: https://www.econbiz.de/10014013936
This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...
Persistent link: https://www.econbiz.de/10003989856
Social transfers vary enormously across the EU, as has been demonstrated in earlier research. This paper analyses the comparative effects of cash transfers on inequality and poverty, using consistent household data. The analysis shows that the distributional impact of these transfers is greater...
Persistent link: https://www.econbiz.de/10011403489
This paper estimates the aggregate effects of government income transfers shocks for a sample of EU countries. I construct a new measure of transfers shocks based on a dataset by public finance experts of the European System of Central Banks (ESCB). The identification strategy consists of a...
Persistent link: https://www.econbiz.de/10014281318
Unemployment not only causes material hardship but can also affect an individual's sense of identity (i.e. their perception of belonging to a specific social group) and, consequently, feelings of personal happiness and subjective well-being. Labor market policies designed to help the unemployed...
Persistent link: https://www.econbiz.de/10011514680
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Many OECD countries invest heavily in labour-market programs to prolong careers. Although active labour-market programs designed for this purpose have frequently been evaluated, less is known about the employment impact of more passive regimes that make labour-market participation later in life...
Persistent link: https://www.econbiz.de/10014249941