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This publication identifies the requirements for successful reallocation of labor and capital to more efficient uses in response to the emergence of new sources of competition, technological change and shifting consumer preferences. At the same time, it focuses on limiting adjustment costs for...
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Nachkommen von Einwanderern haben es auf den Arbeitsmärkten besonders schwer, die Beschäftigungsdefizite sind vergleichsweise hoch. Gleichzeitig wird in den kommenden Jahren der Anteil an Migranten dieser sogenannten "zweiten Generation" steigen. Ihre Arbeitsmarkterfolge werden häufig als...
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"How to make the most of public investment? This question is critical in today's tight fiscal environment. Given that sub-national governments in OECD countries carry out more than two thirds of total capital investment, they have played a key role in executing national stimulus packages during...
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