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.
Jobs: The next piece of Africa’s growth jigsaw
David Fine, Susan Lund, 4 December 2012
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?
Venturing abroad at the cost of domestic employment?
Peter Debaere, Joon H. Lee , Hongshik Lee , 24 December 2008
The recent wave of globalisation is characterised by a worldwide increase in exports and foreign direct investment (FDI). Multinationals play an important role in both. The public in many instances views these multinational activities with some scepticism, concerned that offshoring activities will reduce domestic employment in the firms that venture abroad.
Immigration a threat to previous immigrants, not native workers
Gianmarco I.P. Ottaviano, Giovanni Peri, Francesco D'Amuri, 10 March 2008
Germany has the largest number of foreign individuals in Europe, and foreign workers represent around 10% of the total labour force. Labour market institutions are characterized by rigidity and generous unemployment benefits, which increase the potential for negative consequences due to immigration as newcomers are more likely to stay jobless and impose a cost on society.
- The case for 4% inflationBall
- Helicopter money as a policy optionReichlin, Turner, Woodford
- The banking crisis as a giant carry trade gone wrongAcharya, Steffen
- Everything the IMF wanted to know about financial regulation and wasn’t afraid to askBair
- Rethinking macroeconomic policy: Getting granularBlanchard, Dell'Ariccia, Mauro
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Baldwin, Kawai, Wignaraja, 11 June 2013
Giavazzi, Portes, Weder di Mauro, Wyplosz
CEPR Policy Research
- The "Greatest" Carry Trade Ever? Understanding Eurozone Bank RisksAcharya, Steffen
- Political Credit Cycles: The Case of the Euro ZoneFernández-Villaverde, Garicano, Santos
- Winning by Losing: Incentive Incompatibility in Multiple QualifiersDagaev, Sonin
- Income and schoolingBrückner, Gradstein
- Monetary Policy and Rational Asset Price BubblesGalí
- How the EZ crisis is permanently changing EU institutionsMicossi
- WTO 2.0: Global governance of supply-chain tradeBaldwin
- Is US economic growth over? Faltering innovation confronts the six headwindsGordon
- The economic crisis: How to stimulate economies without increasing public debtWood
- Austerity: Too Much of a Good Thing?Corsetti
- Understanding banks in emerging markets5 - 6 September 2013 / EBRD, London / European Bank for Reconstruction and Development (EBRD) and Tilburg University