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All on Board, Making Inclusive Growth Happen

OECD (2014) All on Board, Making Inclusive Growth Happen, OECD Inclusive Growth Initiative with support from the Ford Foundation, Μάιος.   Inclusive Growth, which is a new approach to economic growth that aims to improve living standards and share the benefits of increased prosperity more evenly across social groups, has become a major challenge for many countries around the world. This objective is particularly relevant in high income countries and …Read More

Youth Unemployment in Mediterranean Countries

Eichhorst, W. & Neder, F. (2014) “Youth Unemployment in Mediterranean Countries“, Institute for the Study of Labor, IZA Policy Paper No. 80, Μάρτιος.   In all Mediterranean countries youth unemployment has reached alarming record levels. This paper analyses the current situation in France, Greece, Italy, Portugal, and Spain. In all countries school dropout rates are high, returns to education are low and the transition from education to work is problematic …Read More

Globalisation and the Future of the Welfare State

Chen et al. (2014) “Globalisation and the Future of the Welfare State“, Institute for the Study of Labor, IZA Policy Paper No. 81, Μάρτιος.   This paper reconsiders the link between welfare state provision, globalisation and competitiveness empirically. We challenge the conventional wisdom that welfare states, large-scale public provision of social insurance and progressive systems of redistributive taxation are incompatible with economic globalisation. Our empirical analysis is motivated by recent …Read More

How to address inequality

Frankel, J. (2014) “How to address inequality“, VoxEU Organisation, 29 Απριλίου.   Awareness of inequality is rapidly rising. This column argues that commentators should focus on identifying the policies that are best suited to improving income distributions efficiently, and the politicians that support them. It is not sufficient to sound the alarm about inequality and the political reach of the super-rich. Inequality has received a lot of attention lately, particularly …Read More

Missing a generation in EU politics

European Policy Centre (2014) “Missing a generation in EU politics”, FutureLab Europe, 07 Απριλίου.   The European Union has always struggled to build a strong relation with its electorate and the results of the 2009 European elections showed that turnout is still declining but also significantly lower than in national elections. The percentage of young people that voted in these elections was even lower, with an average of 29% for …Read More

Human capital and income inequality: Some facts and some puzzles

Castelló-Climent, A. & Doménech, R. (2014) “Human capital and income inequality: Some facts and some puzzles“, VoxEU Organisation, 23 Απριλίου.   Most developing countries have made a great effort to eradicate illiteracy. As a result, the inequality in the distribution of education has been reduced by more than half from 1950 to 2010. However, inequality in the distribution of income has hardly changed. This column presents evidence from a new …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

Taxing, spending, and inequality – what is to be done?

Clements, B., Coady, D., De Mooij, R. & Gupta, S. (2014) “Taxing, spending, and inequality – what is to be done?“, VoxEU Organisations, 15 Απριλίου.   The causes and consequences of rising inequality have stirred a lively debate on appropriate policy responses. This column reviews how governments have successfully used fiscal policy to address distributive concerns. It also examines the policy alternatives that countries can pursue in order to reduce …Read More

The lost generation: what is true about the myth…

Esposito, M. & Tse, T. (2014) “The lost generation: what is true about the myth…”, LSE – Euro Crisis in the Press, 07 Απριλίου.   If we were to believe the forecasts from the European Commission, unemployment in the Eurozone appears to have started – at long last – showing signs of small but fragile recovery. However, that does not mean we can rest on our laurels as the economic …Read More

Changing Identity: Retiring From Unemployment

Hetschko, C., Knabe, A. & Schöb, R. (2014) “Changing Identity: Retiring From Unemployment”, The Economic Journal, 124: 149–166, Μάρτιος.   Using German panel data, we show that unemployed people are, on average, less satisfied with their life than employed people, but they report a substantial increase in their life satisfaction upon retirement. We interpret this finding using identity theory. Retirement raises the identity utility of the unemployed because it changes the …Read More