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Labour versus leisure preferences and employment in Europe

Moriconi, Simone, Peri, Giovanni, (2015), “Labour versus leisure preferences and employment in Europe”, Voxeu, 19 Οκτωβρίου Unemployment rates vary widely across EU countries. While national institutions and policies explain much of the variation, cultural values, attitudes, and beliefs may also play a role. This column uses survey data from 26 EU countries to investigate the existence of culturally transmitted preferences for work. Country-specific preferences for work are found to have a positive …Read More

Why Social Investments Bring Multiple Benefits

Woess, Josef, Buxbaum, Adi, (2015), “Why Social Investments Bring Multiple Benefits”, Social Europe Journal, 28 Ιουλίου Austerity measures put social cohesion at immense risk and restrain the growth dynamic in Europe. Furthermore, these measures have massively damaged the confidence of citizens in European and national institutions. Failing to solve problems such as high unemployment or a lack of social infrastructure is a very expensive option, associated with massive costs for individuals and society. …Read More

Innovation, income inequality, and social mobility

Aghion, Philippe, Akcigit, Ufuk, Bergeaud, Antonin, Blundell, Richard, Hemous, David, (2015), “Innovation, income inequality, and social mobility”, Voxeu, 28 Ιουλίου In recent decades, there has been an accelerated increase in top income inequality, particularly in developed countries. This column argues that innovation partly accounts for the surge in top income inequality and fosters social mobility. In particular, the positive effect of innovation on social mobility is due to new innovators. Σχετικές Αναρτήσεις Dabla-Norris, Era, Kochhar, Kalpana, Suphaphiphat, Nujin, Ricka, Frantisek, Tsounta, Evridiki, (2015),“Causes and Consequences of Income Inequality …Read More

Minimum Wage or Living Income?

Skideslky, Robert, 92015), “Minimum Wage or Living Income?”, Project Syndicate, 16 Ιουλίου Most rich countries now have millions of “working poor” – people whose jobs do not pay enough to keep them above the poverty line, and whose wages therefore have to be subsidized by the state. These subsidies take the form of tax credits.The idea is a very old one. England implemented its “Speenhamland” system – a form of …Read More

The Lunch Question – A Brief History of Inequality

Morris, I. (2015) “The Lunch Question – A Brief History of Inequality“, Global Affaris, STRATFOR Global Intelligence, 11 Φεβρουαρίου.   At an event in Beijing last November, I had the good fortune to meet the French economist Thomas Piketty, who has sold 1.5 million copies of his book, Capital in the Twenty-First Century, since it was first published in 2013. Pacing up and down in front of a packed auditorium, …Read More

Closing the soft skills gap: Never too early to teach entrepreneurship

Rosen, Α. (2014) “Closing the soft skills gap: Never too early to teach entrepreneurship“, Europe’s World Journal, 22 Δεκεμβρίου.     Here’s a wake-up call: Entrepreneurship is actually falling in the U.S. Shocked? Entrepreneurship and innovation, however, aren’t the same thing – it’s very possible to have innovation without starting your own venture. And the converse is also true; someone can start a new enterprise without a single innovation.  But …Read More

It’s Now Or Never: More Social, Less Europe in 2015!

Schweighofer, J. (2014) “It’s Now Or Never: More Social, Less Europe in 2015!“, Social Europe Journal, 17 Δεκεμβρίου.   To put it bluntly: Europe, more precisely, the European Union, has not delivered for decades now. The Union safeguards the interests of the employers and the mandarins from Brussels and 27 other capitals. Basically, this kind of integration is not in the interest of workers, trade unions, consumers et cetera. In the current …Read More

A success story for the EU and seasonal workers’ rights without reinventing the wheel

Lazarowicsz, A. (2014) “A success story for the EU and seasonal workers’ rights without reinventing the wheel“, European Policy Centre (EPC) Publications, 28 Μαρτίου   Despite the economic crisis with resulting high unemployment, EU economies face vacancies across the skill spectrum. At the low end there is a structural need when it comes to seasonal work. The Seasonal Workers Directive was launched at the same time as the Inter-Corporate Transferees …Read More

Labor Market Reforms and the Great Recession

Zimmermann, Kl., (2013), “Labor Market Reforms and the Great Recession”, IZA Policy Paper, N. 75. Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the Great Recession. This paper assesses the role of the labor market reforms for the latter development. Against this background, general lessons are drawn from the German experience that include, for example, placing a greater emphasis …Read More

Assessing the economic and budgetary impact of linking retirement ages and pension benefits to increases in longevity

Schwan, Alexander, Sail, Etienne, (2013), “Assessing the economic and budgetary impact of linking retirement ages and pension benefits to increases in longevity”, European Economy,  Economic Papers, N. 512. This paper focuses on potential public pension expenditure, pension adequacy and fiscal sustainability effects when linking retirement ages and pension benefits with future increases in longevity. Simulation results show that the expected increases in public pension expenditures as a share of GDP could …Read More