Binder, M. & Coad, A. (2014) “Heterogeneity in the Relationship between Unemployment and Subjective Well-Being, A Quantile Approach“, Explorations in Theory and Empirical Analysis, Working Paper No. 808, Levy Economics Institute, Ιούνιος.   Unemployment has been robustly shown to strongly decrease subjective well-being (or “happiness”). In the present paper, we use panel quantile regression techniques in order to analyze to what extent the negative impact of unemployment varies along the …Read More

European Central Bank (2014) Monthly Bulletin: September, ECB–Eurosystem, Σεπτέμβριος.   Based on its regular economic and monetary analyses, the Governing Council decided at its meeting on 4 September 2014 to lower the interest rate on the main refinancing operations of the Eurosystem by 10 basis points to 0.05% and the rate on the marginal lending facility by 10 basis points to 0.30%. The rate on the deposit facility was lowered …Read More

European Commission (2014) European Competitiveness Report 2014, Commission Staff Working Document SWD(2014)6319 final, Σεπτέμβριος.   The European Competitiveness Report, published annually since 1997, gives a quantitative assessment of the competitive performance of EU industries. It contributes to evidence-based policy-making by looking at knowledge gaps in industrial policy. Therefore it supports microeconomic decision-making at EU and national levels. The Report uses empirical research to examine EU competitiveness, working across the whole …Read More