Cuadrado-Roura, Juan R., Martin, Ron, Rodrígez-Pose, Andrés, (2016), “The economic crisis in Europe: urban and regional consequences”, Oxford Journals, March Beginning in 2007–2008, the European economy experienced the worst economic crisis since the 1930s. The proximate cause was the financial and banking crisis that originated in the overleveraged banks and mortgage institutions in the United States, and which quickly spread through the global financial system to infect much of Europe. This …Read More

Fric, Karel, (2016), “Statutory minimum wages in the EU 2016”, Eurofound, 29 January In 22 out of 28 EU Member States, there is a generally applicable statutory minimum wage and the level of this minimum wage varies greatly from one country to another. This article provides information on statutory minimum wage levels and how this is determined across the EU in January 2016. Relevant Posts Stirati, Antonella, (2016), “Real wages in the business …Read More

Hallwirth, Volker, (2015), “Monitoring competitiveness in the European Economic and Monetary Union”, IMK Studies, Nr. 44, December. The aim of the European Union’s Macroeconomic Imbalance Procedure (MIP) is to prevent and correct macroeconomic imbalances before they get out of hand. The President’s of the EU and Euro area institutions recommend in their report on “Completing Europe’s Economic and Monetary Union” to strengthen this procedure. A euro area system of Competitiveness Authorities is …Read More

Stirati, Antonella, (2016), “Real wages in the business cycle and the theory of income distribution: an unresolved conflict between theory and facts in mainstream macroeconomics”, Oxford University Press, Cambridge Journal of Economics, Issue 2, Volume 40, pp. 639-661, March.  The focus of this article is the recurring tension between mainstream macroeconomics and observed facts in connection with the difficult task of providing explanations of the business cycle consistent both with the traditional theory of income …Read More