Economists have long been concerned with understanding how firms respond to changing investment opportunities. Indeed, this question is central to ongoing policy discussions about economic growth and job creation, since the way firms create jobs is by increasing investment and employment in response to new economic opportunities.
Firm age, investment opportunities, and job creation
Manuel Adelino, Song Ma, David Robinson, 12 February 2014
Minimum wages: the effects on employment and labour-force turnover
Pierre Brochu, David A Green, 22 January 2014
On 14 January 2014 a group of 75 economists, including seven Nobel laureates, released a letter calling for an increase in the US minimum wage (Woellert 2014). At the same time, George Osborne, the Conservative Chancellor of the Exchequer in the UK, has called for the minimum wage in that country to rise by more than the rate of inflation this year (BBC 2014).
Jobs: The next piece of Africa’s growth jigsaw
David Fine, Susan Lund, 4 December 2012
Africa’s recent economic performance has been impressive. With average annual growth of 5.1% over the past ten years, the continent is the second fastest-growing region in the world (IMF 2012). The share of people in extreme poverty is falling.
Confronting the jobs crisis under tight fiscal constraints
Benedict Clements, Ruud de Mooij, Gerd Schwartz, 9 September 2012
The economic and social consequences of job losses since the onset of the global crisis have been enormous, as Ben Bernanke recently pointed out (Bernanke 2012). Unemployment rates have soared to an average of 11% in the Eurozone in mid-2012, and youth unemployment has reached alarming levels in many places, exceeding 50% in Greece and Spain.
Vocational education facilitates entry into the labour market but hurts employment at older ages
Eric Hanushek, Ludger Woessmann, Lei Zhang, 21 November 2011
Responding in part to the economic downturn, the European Commission (2010) recently issued the Bruges Communiqué that called for enhanced vocational education and training (VET). It argued: “If Europe is to maintain its position as the strongest exporter of industrial products in the world, it must have world class VET.
Is short-time work a good method to keep unemployment down?
Pierre Cahuc, Stéphane Carcillo, 24 January 2011
Vox users can download CEPR Discussion Paper 8214 for free here.
The macroeconomic effects of the new Fiat labour contract
Paolo Manasse, 18 January 2011
On 15 January, workers at the historic “Mirafiori” plant in Turin voted to approve a new labour contract that had been signed by Fiat and by various trade unions but rejected by the powerful, leftist union of metal workers.
Citizenship and Employment – Comparing Two Cool Countries
Pieter Bevelander, Ravi Pendakur, 10 January 2011
Immigration, Offshoring and American Jobs
Gianmarco I.P. Ottaviano, Giovanni Peri, Greg C Wright, 26 October 2010
Mass privatisation and mortality: Is job loss the link?
John S. Earle, 7 March 2009
Was mass privatisation responsible for the increased mortality in post-communist societies during the 1990s?
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- The ECB’s stealth bailoutSinn
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- The euro in the 'currency war'Bénassy-Quéré, Martin
- The roots of shadow bankingPerotti
- What’s wrong with Europe?Baldini, Manasse
- How the EZ crisis is permanently changing EU institutionsMicossi
- The 13th Annual GEP Postgraduate Conference 20141 - 2 May 2014 / Nottingham / Sponsored by Nottingham Centre for Research on Globalisation and Economic Policy (GEP) University of Nottingham, United Kingdom
- Exchange Rates and External Adjustment2 - 3 June 2014 / Zurich / Swiss National Bank
- 13th Summer School in International Development Economics: Investment, Saving and Wellbeing in Developing Countries10 - 13 June 2014 / Palazzo Feltrinelli, Gargnano, Lake Garda (Italy) / Organisers: Centro Studi Luca d’Agliano, Centre for Economic Policy Research (CEPR), Paolo Baffi Center on International Markets, Money and Regulation, Department of Economics, Management and Quantitative Methods of the University of Milan, Department of Economics, Quantitative Methods and Business Strategies of the University of Milan Bicocca, Vilfredo Pareto Doctoral Program in Economics of the University of Turin, The Lombardy Advanced School of Economic Research (LASER).
- 3rd WB-BE Research Conference: Financing growth: Levers, Boosters and Brakes23 - 24 June 2014 / Banco de España headquarters in Madrid / This conference is sponsored by Banco de España and The World Bank