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Eurozone unemployment – little to do with international competitiveness

Mitchell, B. (2015) “Eurozone unemployment – little to do with international competitiveness“, Bill Mitchell Blog, 21 Μαρτίου.   The so-called ‘Informal European Council’ released a document on February 12, 2015 – Preparing for Next Steps on Better Economic Governance in the Euro Area: Analytical Note – which has been used as a background paper to batter the Greeks into submission in the latest round of the Eurozone crisis. It was …Read More

The Juncker Plan – the vehicle for revived European ambition?

Marty, O. (2015) “The Juncker Plan – the vehicle for revived European ambition?“, Fondation Robert Schuman – The Research and Studies Centre on Europe, European Issues – European Issue No. 347, 09 Μαρτίου 2015.   The proposed regulation on the creation of the European Fund for Strategic Investments (EFSI) was presented by the European Commission on 13th January 2015. The trilogue is going on until the end of the Latvian …Read More

Labour and finance in the aftermath of the Great Recession

Boeri, T., Garibaldi, P. & Moen, R. E. (2015) “Labour and finance in the aftermath of the Great Recession“, VoxEU Organisation, 19 Μαρτίου.   The Great Recession sparked the interest in the link between financial conditions and employment. This column describes results from a new model of labour and finance, incorporating financial imperfections and borrowing constraints. The results uncover a complementarity between firms holding cash and labour market imperfections. Firms …Read More

Precarious and less well-paid? Wage differences between permanent and fixed-term contracts across the EU countries

Dias da Silva . Α. & Turrini, Α. (2015) “Precarious and less well-paid? Wage differences between permanent and fixed-term contracts across the EU countries“, European Commission: European Economy – Economic Papers, No. 544, Βρυξέλλες: Φεβρουάριος.   This paper analyses the main features of the wage differences between permanent and fixed-term workers and what sources are driving these differences, including the role of labour market institutions. We analyse wage differences between …Read More

Think differently about the Right and the Left

Jacques Attal (2015) “Think differently about the Right and the Left, L’ Express Blog, 09 Μαρτίου.   While political parties, doctrines and party platforms might not want to admit it, there is a certain, albeit slow, shift in the traditional Left-Right cleavage in the practice of governments all over the world: As so often happens, practice precedes doctrine and creates it. Clearly there is still on the one hand the …Read More

The ‘Juncker plan’ does not offer a genuine route to boosting the Eurozone’s recovery

Sander, H. (2015) “The ‘Juncker plan’ does not offer a genuine route to boosting the Eurozone’s recovery“, LSE EUROPP, 19 Μαρτίου.   On 10 March, EU finance ministers agreed to roll out Jean-Claude Juncker’s flagship investment programme, commonly termed the ‘Juncker plan’. Harald Sander writes on the economic impact the plan could have in the Eurozone. He argues that while it has been portrayed by some observers as a route …Read More

Where Now For The Europe 2020 Strategy?”

Kowalsky, W. (2015) “Where Now For The Europe 2020 Strategy?”, Social Europe Journal, 18 Μαρτίου.   Does the Commission take unemployment as a serious challenge? What future for the Europe 2020 strategy? A few comments on European Commission: “Results of the public consultation on the Europe 2020 strategy for smart, sustainable and inclusive growth” This new note from the European Commission is clearly a step further down the road towards …Read More

With or without them–The UK is not an obstacle to harmony and stability. It is the EU integrationists who generate economic and democratic instability.

Cash, B. (2015) “With or without them“, The European Magazine, 18 Μαρτίου. The UK is not an obstacle to harmony and stability. It is the EU integrationists who generate economic and democratic instability. Times change. I supported our continuing British membership in the Referendum of 1975, and I voted for the Single European Act in 1986. When we joined what would become the EU, we were led to believe it …Read More

Estimating the impact of robots on productivity and employment

Michaels, G. & Graetz, G. (2015) “Estimating the impact of robots on productivity and employment“, VoxEU Organisation, 18 Μαρτίου.   Robots may be dangerous not only to the action heroes of cinema, but also to the average manufacturing worker. This column analyses the effect robots have had in 14 industries across 17 developed countries from 1993 to 2007. Industrial robots increase labour productivity, total factor productivity, and wages. While they …Read More

How The Troika Breaches EU Law

Oberndorfer, L. (2015) “How The Troika Breaches EU Law“, Social Europe Journal, 18 Μαρτίου.   How did the troika come about formally? In 2010 it became apparent that the European constitution offers no clues as to how one should handle financial crises on this scale. So, instead of setting in train the democratic procedures designed to do this, EU law swiftly went out of the window and one seized on …Read More