Daphne Halikiopoulou, Tim Vlandas, (2016), “Risks, Costs and Labour Markets: Explaining Cross-National Patterns of Far Right Party Success in European Parliament Elections”, Journal of Common Market Studies Volume 54, Issue 3, Μάϊος Does the economy affect patterns of far-right party support across countries? This article reconceptualizes micro-level analyses that focus on the effect of unemployment through a framework of costs, risks and the mediating role of labour market institutions. It then …Read More
The trade-off between efficiency and equity
Torben M. Andersen, Jonas Maibom, (2016), “The trade-off between efficiency and equity”, Voxeu, 29 Μαϊου Theory and empirical data contest the direction of causality in the relationship between economic performance and income inequality – a relationship that is of great political importance. This column uses evidence from OECD countries to show that the relationship is not linear. While some countries can improve economic performance only at the cost of increasing …Read More
Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης
Έργα υποδομών Χρηματοδοτώντας το μέλλον Ελλάδα
PwC, (2016), “Έργα υποδομών Χρηματοδοτώντας το μέλλον Ελλάδα”, Μάρτιος 2016 Σύμφωνα με τον ΟΟΣΑ, οι παγκόσμιες ανάγκες* σε έργα υποδομών αναμένεται να αυξηθούν, αγγίζοντας τα $ 55 τρισ. έως το 2030. Στην Ελλάδα οι επενδύσεις υποδομών επηρεάστηκαν από την βαθιά οικονομική κρίση. Το επενδυτικό κενό σε έργα υποδομών κυμαίνεται μεταξύ 0,8πμ του ΑΕΠ (έναντι του Ευρωπαϊκού μέσου όρου) και 1,3 πμ του ΑΕΠ (σε σύγκριση με τον ιστορικό Ελληνικό μέσο όρο), …Read More
Unemployment risk and over-indebtedness
Philip Du Caju, François Rycx, Ilan Tojerow, (2016), “Unemployment risk and over-indebtedness”,ECB WP No. 1908, Μάϊος We study how unemployment affects the over-indebtedness of households using the new European Household Finance and Consumption Survey (HFCS). First, we assess the role of different labor market statuses (i.e. employed, unemployed, disabled, retired, etc.) and other household characteristics (i.e. demographics, housing status, household wealth and income, etc.) to determine the likelihood of over-indebtedness. …Read More
Europe 2020 indicators – poverty and social exclusion
Eurostat/Europe 2020 indicators – poverty and social exclusion/March 2016 This article is part of a set of statistical articles on the Europe 2020 strategy. It provides recent statistics on poverty and social inclusion in the European Union (EU). The Europe 2020 strategy is the EU’s agenda for growth and jobs for the current decade. It emphasises smart, sustainable and inclusive growth as a way to overcome the structural weakness in Europe’s economy, to improve its competitiveness …Read More
Βιβλιοθήκη » EE » Κοινωνία » Οικονομία » Εκθέσεις-Μελέτες
On domestic demand and export performance in the euro area countries: does export concentration matter?
Paulo Soares Esteves, Elvira Prades, (2016), “On domestic demand and export performance in the euro area countries: does export concentration matter?“, ECB Working Paper 1909, Μαϊος 2016 During economic downturns, weak domestic demand developments seem to be an additional driver of exports, as firms increase their efforts to serve markets abroad to compensate the fall in domestic sales. This may constitute an additional mechanism adjustment for the euro area countries where …Read More
Fiscal Buffers, Private Debt, and Stagnation : The Good, the Bad and the Ugly
Nicoletta Batini, Giovanni Melina, Stefania Villa, (2016), “Fiscal Buffers, Private Debt, and Stagnation : The Good, the Bad and the Ugly”, IMF WP No. 16/104 We revisit the empirical relationship between private/public debt and output, and build a model that reproduces it. In the model, the government provides financial assistance to credit-constrained agents to mitigate deleveraging. As we observe in the data, surges in private debt are potentially more damaging for …Read More
Lessons for the euro from early US monetary and financial history
Frieden, Jeffry, (2016), “Lessons for the euro from early US monetary and financial history”, Bruegel Essay, 25 Μαϊου Europe’s central goal for several decades has been to create an economic union that can provide monetary and financial stability. This goal is often compared to the long-standing monetary union that is the United States. Easy celebration of the successful American union ignores the fact that it took an extremely long time to …Read More
The European Single Market: A game changer for economic integration
Fournier, Jean-Marc, (2016), “The European Single Market: A game changer for economic integration”, Voxeu, 26 Μαϊου The limits of the European Single Market have often been highlighted. This column argues that although implicit barriers remain, the Single Market has delivered substantial benefits to member countries. New empirical evidence is presented of the trade and FDI gains that Central and Eastern European countries have enjoyed since joining the Single Market. On top …Read More
Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης
Rediscovering Fiscal Policy at the G7
Frankel, Jeffrey, (2016), “Rediscovering Fiscal Policy at the G7”, Project Syndicate, 24 Μαϊου As G7 leaders convene in Ise-Shima, Japan, the global economy’s fragility is a top concern. But instead of focusing on currency wars, the leaders of the major developed economies should be discussing fiscal policy, which under current conditions would be a more powerful tool than monetary policy for boosting economic activity. After all, today, unlike in normal …Read More
Βιβλιοθήκη » EE » Οικονομία » Άρθρα Γνώμης