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Full employment in the European Union member states is a challenge but feasible, also in downswings of the business cycle and during stages of increased robotization. It requires a labor legislation that ensures flexibility and retraining, responsive labor sharing during the business cycle and...
Persistent link: https://www.econbiz.de/10012131243
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
active labor market policy, are only partly reported as unemployment. A review of the evidence on the effectiveness of labor … have alleviated social burdens from unemployment. Discussing what causes the high unemployment in the east, we claim that … effects of wage policy have been overrated. Differences in unemployment rates are also the result of more ample labor supply …
Persistent link: https://www.econbiz.de/10011336858
unemployment by means of internet activity data, a literature starting with the seminal article of Askitas and Zimmermann (2009a …
Persistent link: https://www.econbiz.de/10012114391
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010252653
Persistent link: https://www.econbiz.de/10000347423
As in the U.S. and Canada, migration is a controversial issue in Europe. This paper explores the possibility that immigration policy may affect the labor market assimilation of immigrants and hence natives' sentiments towards immigrants. It first reviews the assimilation literature in economics...
Persistent link: https://www.econbiz.de/10011336856
Persistent link: https://www.econbiz.de/10011887308
Persistent link: https://www.econbiz.de/10000869435
As in the U.S. and Canada, migration is a controversial issue in Europe. This paper explores the possibility that immigration policy may affect the labor market assimilation of immigrants and hence natives' sentiments towards immigrants. It first reviews the assimilation literature in economics...
Persistent link: https://www.econbiz.de/10001509797