Alcidi, Cinzia, Barslund, Mikkel, Busse, Matthias, Nicoli, Francesco, (2016), “Will a European unemployment benefits scheme affect labour mobility?”, CEPS, 6 December Labour mobility in the EU is comparatively low, despite major efforts from the European Institutions to support cross-border mobility. This study evaluates the potential implications of a European Unemployment Benefits Scheme (EUBS) for labour mobility in the EU. We find that the introduction of an EUBS, irrespective of whether it …Read More

Campos, Nauro, El Aynaoui, Karim, Loungani, Prakash, (2016), “European unemployment and labour market reforms: A two-handed approach”, VoxEu, 5 December Thirty years ago, a distinguished group of economists advocated a ‘two-handed’ approach to unemployment that targeted supply as much as demand. This column examines recent work on the effectiveness of cyclical and structural policies – the two ‘hands’ – targeting unemployment in Europe. It further considers the pressures from greater integration …Read More

Dirk Schoenmakert, (2016), “The impact of the legal and operational structures of euro-area banks on their resolvability”,  Bruegel, 6 December Following the financial crisis, the question of how to handle a big bank’s collapse has come to the fore. This Policy Contribution evaluates the obstacles to resolvability that the legal and operational structures of the large euro-area banks could pose to the European Union’s new resolution regime. Relevant Posts De Groen, Willem …Read More

Vives, Xavier, (2016), “Banking regulatory reform: The way forward”, VoxEu, 6 December As with previous systemic crises, the 2007-2009 crisis has created regulatory reform, but is it adequate? This column argues that prudential regulation should consider interactions between conduct – capital, liquidity, disclosure requirements, macroprudential ratios – and structural instruments, and also coordinate with competition policy. Though recent reforms are a welcome response to the recent crisis, we do not know …Read More

Cournède, Boris, Denk, Oliver, Garda, Paula, Hoeller, Peter, (2016), “Enhancing Economic Flexibility: What Is in It for Workers?”, OECD Economi Policy Paper No. 19, November Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment …Read More

Thomadakis, Apostolos, (2016), “Nothing ventured, nothing gained: How the EU can boost growth in small businesses and start-ups”, CEPS, 30 November Venture capital can be a lifeline to innovative and growth-oriented start-ups and small businesses in need of external capital. In this ECMI Research Report, the author argues that the recently proposed changes to the Regulation on European Venture Capital Funds (EuVECA) fail to address three important issues that could further …Read More