Josep Pijoan-Mas, Claudio Michelacci, Monday, May 28, 2007

Since the 1970s, the number of hours worked per employee has fallen substantially in continental Europe, while it has remained roughly constant in the US. The authors of CEPR DP6314 show that this divergence in the number of hours worked per employee on the two sides of the Atlantic can be explained by the evolution of the respective labour market conditions over the last three decades.

Dennis J Snower, Christian Merkl, Alessio J G Brown, Monday, June 11, 2007

Employment subsidies are often used to reduce both unemployment and earnings inequality together, a prime objective throughout the OECD. In CEPR DP6334, the authors compare the effectiveness of various employment subsidies in Germany and find that while hiring vouchers can be both effective and efficient if targeted appropriately, wage subsidies are too expensive and ineffective.

Laurent Gobillon, Thierry Magnac, Harris Selod, Monday, March 19, 2007

The authors of CEPR DP6198 and DP6199 focus on Paris to discover the effects of location on unemployment. They find that around 30% of the spatial disparities in duration of unemployment in Paris can be attributed to personal characteristics of workers, while around 70% can be attributed to characteristics of the local area.

Werner Eichhorst, Klaus F. Zimmermann, Monday, April 23, 2007

Only four instruments have led to positive results in the form of increased integration into the labour market - (i) placement vouchers; (ii) training programmes; (iii) wage subsidies; and (iv) business start-up grants. This translates to only around 28%, or €4.2 billion, of the total expenditure on active labour market policies.

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