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The Brief investigates the role of policy uncertainty in explaining the persistently high unemployment rate in the euro … area after the Great Recession and the different impact of uncertainty on flows into and out of unemployment. …
Persistent link: https://www.econbiz.de/10011335281
while measures of relative poverty do not appear to have clearly identifiable drivers, income per capita and unemployment … particular, the share of long-term unemployment on total unemployment stands out as the most significant driver. The analysis …
Persistent link: https://www.econbiz.de/10011298670
This brief reviews the main economic developments since transition in the three Baltic economies and highlights challenges for the future. Although the three economies went, in an almost synchronous fashion, through similar stages of catching up and financial convergence-driven booms and busts,...
Persistent link: https://www.econbiz.de/10011291911
. In the US, the unemployment rate and the share of long-term unemployment grew very fast, during the crisis, thereby … unemployment? In other words, is the US labour market in the process of becoming more "European" in terms of size, composition and … dynamics? What would thus be the consequences in terms of outlook? This brief analyses the unemployment response to the crisis …
Persistent link: https://www.econbiz.de/10011291914
There is a widespread perception that imbalances within the euro area are not adjusting, the major difficulty being that the competitive disinflation processes required in deficit countries are painful, while no strong incentives are always available in surplus countries to reduce their excess...
Persistent link: https://www.econbiz.de/10011298656
This Economic Brief recapitulates some main insights on the role of structural reform for adjustment and growth in the EU. Its aim is threefold. First, the Brief discusses recent reform efforts in EU countries. Second, it discusses possible effects from reforms in labour and product markets by...
Persistent link: https://www.econbiz.de/10011298673