Dissecting the Decline in Average Hours Worked in Europe

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Dissecting the Decline in Average Hours Worked in Europe by : Diva Astinova

Download or read book Dissecting the Decline in Average Hours Worked in Europe written by Diva Astinova and published by International Monetary Fund. This book was released on 2024-01-12 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three years after the COVID-19 crisis, employment and total hours worked in Europe fully recovered, but average hours per worker did not. We analyze the decline in average hours worked across European countries and find that (i) it is not cyclical but predominantly structural, extending a long-term trend that predates COVID-19, (ii) it mainly reflects reduced hours within worker groups, not a compositional shift towards lower-hours jobs and workers, (iii) men—particularly those with young children—and youth drive this drop, (iv) declines in actual hours match declines in desired hours. Policy reforms could help involuntary parttimers and women with young children raise their actual hours towards desired levels, but the aggregate impact on average hours would be limited to 0.5 to 1.5 percent. Overall, there is scant evidence of slack at the intensive margin in European labor markets, and the trend fall in average hours worked seems unlikely to reverse.

Migration Into the EU: Stocktaking of Recent Developments and Macroeconomic Implications

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Migration Into the EU: Stocktaking of Recent Developments and Macroeconomic Implications by : Francesca Caselli

Download or read book Migration Into the EU: Stocktaking of Recent Developments and Macroeconomic Implications written by Francesca Caselli and published by International Monetary Fund. This book was released on 2024-09-27 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the backdrop of the war in Ukraine, immigration into the European Union (EU) reached a historical high in 2022 and stayed significantly above pre-pandemic levels in 2023. The recent migration has helped accommodate strong labor demand, with around two-thirds of jobs created between 2019 and 2023 filled by non-EU citizens, while unemployment of EU citizens remained at historical lows. Ukrainian refugees also appear to have been absorbed into the labor market faster than previous waves of refugees in many countries. The stronger-than-expected net migration over 2020-23 into the euro area (of around 2 million workers) is estimated to push up potential output by around 0.5 percent by 2030—slightly less than half the euro area’s annual potential GDP growth at that time—even if immigrants are assumed to be 20 percent less productive than natives. This highlights the important role immigration can play in attenuating the effects of the Europe’s challenging demographic outlook. On the flipside, the large inflow had initial fiscal costs and likely led to some congestion of local public services such as schooling. Policy efforts should thus seek to continue to integrate migrants into the labor force while making sure that the supply of public services and amenities (including at the local level) keeps up with the population increase.

OECD Employment Outlook 2024 The Net-Zero Transition and the Labour Market

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Publisher : OECD Publishing
ISBN 13 : 9264704094
Total Pages : 293 pages
Book Rating : 4.2/5 (647 download)

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Book Synopsis OECD Employment Outlook 2024 The Net-Zero Transition and the Labour Market by : OECD

Download or read book OECD Employment Outlook 2024 The Net-Zero Transition and the Labour Market written by OECD and published by OECD Publishing. This book was released on 2024-07-09 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition to net-zero emissions by 2050 will have profound impacts on the labour market and the jobs of millions of workers. Aggregate effects on employment are estimated to be limited. But many jobs will be lost in the shrinking high-emission industries, while many others will be created in the expanding low-emission activities. This edition of the OECD Employment Outlook examines the characteristics of the jobs that are likely to thrive because of the transition (“green-driven jobs”), including their attractiveness in terms of job quality, and compares them to jobs in high-emission industries that tend to shrink. The cost of job displacement in these latter industries is assessed along with the trajectories of workers out of them towards new opportunities, and the labour market policies that can facilitate job reallocation. Particular attention is devoted to upskilling and reskilling strategies to facilitate workers’ transition into fast-growing, green-driven occupations. The distributive impacts of climate-change mitigation policies are also examined, with a focus on carbon pricing and options to redistribute its tax revenue to those most impacted. As usual, the first chapter of the Outlook assesses recent labour market developments (including wage trends), but also provides an update of the OECD Job Quality indicators.

Euro Area Policies

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Euro Area Policies by : International Monetary Fund. European Dept.

Download or read book Euro Area Policies written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2024-07-30 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The euro area economy has been resilient in the face of multiple, large shocks, including the pandemic, Russia’s gas shut-off, and fallout from the war in Ukraine. Nonetheless, the adverse shocks have had persistent effects which shape economic prospects. Energy-intensive industries, in particular, have struggled to adjust to higher input costs and continue to underperform. Despite subdued overall activity, employment growth remains robust. Inflation has declined significantly from its late-2022 peak in response to the ECB’s policy tightening and the decline in commodity prices.

World Economic Outlook, April 2024

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Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 202 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis World Economic Outlook, April 2024 by : International Monetary

Download or read book World Economic Outlook, April 2024 written by International Monetary and published by International Monetary Fund. This book was released on 2024-04-16 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest World Economic Outlook reports economic activity was surprisingly resilient through the global disinflation of 2022–23, despite significant central bank interest rate hikes to restore price stability. Risks to the global outlook are now broadly balanced compared with last year. Monetary policy should ensure that inflation touches down smoothly, while a renewed focus on fiscal consolidation is needed to rebuild room for budgetary maneuver and to ensure debt sustainability. Structural reforms are crucial to revive medium-term growth prospects amid constrained policy space.

How Does Taxation Affect Hours Worked in EU New Member States?

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Publisher : International Monetary Fund
ISBN 13 : 1498321143
Total Pages : 35 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis How Does Taxation Affect Hours Worked in EU New Member States? by : Agustin Velasquez

Download or read book How Does Taxation Affect Hours Worked in EU New Member States? written by Agustin Velasquez and published by International Monetary Fund. This book was released on 2019-06-17 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hours worked vary widely across countries and over time. In this paper, we investigate the role played by taxation in explaining these differences for EU New Member States. By extending a standard growth model with novel data on consumption and labor taxes, we assess the evolution of trends in hours worked over the 1995-2017 period. We find that the inclusion of tax rates in the model significantly improves the tracking of hours. We also estimate the elasticity of hours (and its different margins) to quantify the deadweight loss introduced by consumption and labor taxes. We find that these taxes explain a large share of labor supply differences across EU New Member States and that the potential gains from policy actions are noteworthy.

Dissecting Saving Dynamics

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Publisher : International Monetary Fund
ISBN 13 : 1475505698
Total Pages : 47 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Dissecting Saving Dynamics by : Mr.Christopher Carroll

Download or read book Dissecting Saving Dynamics written by Mr.Christopher Carroll and published by International Monetary Fund. This book was released on 2012-09-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: We argue that the U.S. personal saving rate’s long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious ‘buffer stock’ model of optimal consumption in the presence of labor income uncertainty and credit constraints. Saving in the model is affected by the gap between ‘target’ and actual wealth, with the target wealth determined by credit conditions and uncertainty. An estimated structural version of the model suggests that increased credit availability accounts for most of the saving rate’s long-term decline, while fluctuations in net wealth and uncertainty capture the bulk of the business-cycle variation.

Enlightened Reform in Southern Europe and its Atlantic Colonies, c. 1750-1830

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Publisher : Routledge
ISBN 13 : 131714287X
Total Pages : 422 pages
Book Rating : 4.3/5 (171 download)

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Book Synopsis Enlightened Reform in Southern Europe and its Atlantic Colonies, c. 1750-1830 by : Gabriel Paquette

Download or read book Enlightened Reform in Southern Europe and its Atlantic Colonies, c. 1750-1830 written by Gabriel Paquette and published by Routledge. This book was released on 2016-05-06 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efforts to ascertain the influence of enlightenment thought on state action, especially government reform, in the long eighteenth century have long provoked stimulating scholarly quarrels. Generations of historians have grappled with the elusive intersections of enlightenment and absolutism, of political ideas and government policy. In order to complement, expand and rejuvenate the debate which has so far concentrated largely on Northern, Central and Eastern Europe, this volume brings together historians of Southern Europe (broadly defined) and its ultramarine empires. Each chapter has been explicitly commissioned to engage with a common set of historiographical issues in order to reappraise specific aspects of 'enlightened absolutism' and 'enlightened reform' as paradigms for the study of Southern Europe and its Atlantic empires. In so doing it engages creatively with pressing issues in the current historical literature and suggests new directions for future research. No single historian, working alone, could write a history that did justice to the complex issues involved in studying the connection between enlightenment ideas and policy-making in Spanish America, Brazil, France, Italy, Portugal and Spain. For this reason, this well-conceived, balanced volume, drawing on the expertise of a small, carefully-chosen cohort, offers an exciting investigation of this historical debate.

Protecting the Future of Work

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Publisher : Emerald Group Publishing
ISBN 13 : 1800712502
Total Pages : 215 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis Protecting the Future of Work by : Barry Colfer

Download or read book Protecting the Future of Work written by Barry Colfer and published by Emerald Group Publishing. This book was released on 2023-01-20 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protecting the Future of Work analyses the changes that worker protection institutions have undergone with the decline of traditional measures such as trade unions, mapping out the new systems and approaches to protect wages, conditions and job security.

The European Crisis and the Transformation of Transnational Governance

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Publisher : Bloomsbury Publishing
ISBN 13 : 1782254919
Total Pages : 573 pages
Book Rating : 4.7/5 (822 download)

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Book Synopsis The European Crisis and the Transformation of Transnational Governance by : Christian Joerges

Download or read book The European Crisis and the Transformation of Transnational Governance written by Christian Joerges and published by Bloomsbury Publishing. This book was released on 2014-11-13 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate on law, governance and constitutionalism beyond the state is confronted with new challenges. In the EU, confidence in democratic transnational governance has been shaken by the authoritarian and unsocial practices of crisis management. The ambition of this book, which builds upon many years of close co-operation between its contributors, is to promote a viable interdisciplinary alternative to these developments. “Conflicts-law constitutionalism” is a concept of transnational governance which derives democratic legitimacy from the supranational control of the external impact of national decision-making, on the one hand, and the co-operative responses to problem interdependencies on the other. The first section of the book contrasts Europe's new modes of economic governance and crisis management with the conditionality of international investments, and reflects upon the communalities and differences between emergency Europe and global exceptionalism. Subsequent sections substantiate the problématique of executive and technocratic rule, explore conflict constellations of prime importance in the fields of environmental and labour law, and discuss the impact and limits of liberalisation strategies. Throughout the book, European and transnational developments are compared and evaluated.

Bridging the Gulf: EU-GCC Relations at a Crossroads

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Publisher : Edizioni Nuova Cultura
ISBN 13 : 8868122847
Total Pages : 358 pages
Book Rating : 4.8/5 (681 download)

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Book Synopsis Bridging the Gulf: EU-GCC Relations at a Crossroads by : Silvia Colombo

Download or read book Bridging the Gulf: EU-GCC Relations at a Crossroads written by Silvia Colombo and published by Edizioni Nuova Cultura. This book was released on 2014-05-27 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relations between the European Union (EU) and the Gulf Cooperation Council (GCC) are at a crossroads. After the derailment of the negotiations for the Free Trade Agreement (FTA) in 2008, the cooperation between the two regional blocs has remained low-key in a number of different areas, while the unprecedented changes that have taken place in North Africa and the Middle East, the common neighbourhood of the EU and the GCC, have not led to a renewed, structured cooperation on foreign and security policy issues. This volume addresses the shortcomings and potential of EU-GCC relations by taking stock of their past evolution and by advancing policy recommendations as to how to revamp this strategic cooperation. In this light, it highlights the areas where greater room for manoeuvre exists in order to enhance EU-GCC relations, discusses the instruments available and sheds light on the features of the regional and international context that are likely to significantly influence the new phase in the mutual relation between the two blocs. The book is the result of the research conducted in the framework of the project ‘Sharaka – Enhancing Understanding and Cooperation in EU-GCC Relations’ co-funded by the European Commission.

Public Opinion

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Publisher :
ISBN 13 :
Total Pages : 1284 pages
Book Rating : 4.U/5 (183 download)

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Book Synopsis Public Opinion by :

Download or read book Public Opinion written by and published by . This book was released on 1890 with total page 1284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fiscal Policy after the Financial Crisis

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Publisher : University of Chicago Press
ISBN 13 : 022601844X
Total Pages : 596 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Fiscal Policy after the Financial Crisis by : Alberto Alesina

Download or read book Fiscal Policy after the Financial Crisis written by Alberto Alesina and published by University of Chicago Press. This book was released on 2013-06-25 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending. At the heart of the debate are fiscal multipliers, whose size and sensitivity determine the power of such policies to influence economic growth. Fiscal Policy after the Financial Crisis focuses on the effects of fiscal stimuli and increased government spending, with contributions that consider the measurement of the multiplier effect and its size. In the face of uncertainty over the sustainability of recent economic policies, further contributions to this volume discuss the merits of alternate means of debt reduction through decreased government spending or increased taxes. A final section examines how the short-term political forces driving fiscal policy might be balanced with aspects of the long-term planning governing monetary policy. A direct intervention in timely debates, Fiscal Policy after the Financial Crisis offers invaluable insights about various responses to the recent financial crisis.

The Crisis of Social Democratic Trade Unionism in Western Europe

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Publisher : Routledge
ISBN 13 : 1317036905
Total Pages : 270 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis The Crisis of Social Democratic Trade Unionism in Western Europe by : Martin Upchurch

Download or read book The Crisis of Social Democratic Trade Unionism in Western Europe written by Martin Upchurch and published by Routledge. This book was released on 2016-03-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a developing crisis of social democratic trade unionism in Western Europe; this volume outlines the crisis and examines the emerging alternatives. The authors define 'social democratic trade unionism' and its associated party-union nexus and explain how this traditional model has been threatened by social democracy's accommodation to neo-liberal restructuring and public service reform. Examining the experience of Sweden, Germany, Britain and France, the volume explores the historical rise and fall of social democratic trade unionism in each of these countries and probes the policy and practice of the European Trade Union Confederation. The authors critically examine the possibilities for a revival of social democratic unionism in terms of strategic policy and identity, offering suggestions for an alternative, radicalized political unionism. The research value of the book is highlighted by its focus on contemporary developments and its authors' intimate knowledge of the chosen countries.

The Blackwell Companion to the Sociology of Families

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Publisher : John Wiley & Sons
ISBN 13 : 0470998997
Total Pages : 624 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis The Blackwell Companion to the Sociology of Families by : Jacqueline Scott

Download or read book The Blackwell Companion to the Sociology of Families written by Jacqueline Scott and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tackling issues relevant to family life today, this authoritative Companion shows why studying social change in families is fundamental for understanding the transformations in individual and social life, across the globe. Contains original essays by expert contributors on a wide range of topics relating to the sociology of families. Includes coverage of social inequality, parenting practices, children’s work, the changing patterns of citizenship, and multi-cultural families. Gives special attention to European and North American examples. Discusses previously neglected groups, including immigrant families and gays and lesbians. Explores how revolutionary changes in aging, longevity, and sexual behavior have radically affected the experience of different generations, and the relationships between them.

Journal of the Royal Society of Arts

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Publisher :
ISBN 13 :
Total Pages : 884 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Journal of the Royal Society of Arts by : Royal Society of Arts (Great Britain)

Download or read book Journal of the Royal Society of Arts written by Royal Society of Arts (Great Britain) and published by . This book was released on 1917 with total page 884 pages. Available in PDF, EPUB and Kindle. Book excerpt:

From the Brink of the Apocalypse

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Publisher : Routledge
ISBN 13 : 113472487X
Total Pages : 462 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis From the Brink of the Apocalypse by : John Aberth

Download or read book From the Brink of the Apocalypse written by John Aberth and published by Routledge. This book was released on 2013-09-13 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for the first edition: "Aberth wears his very considerable and up-to-date scholarship lightly and his study of a series of complex and somber calamites is made remarkably vivid." -- Barrie Dobson, Honorary Professor of History, University of York The later Middle Ages was a period of unparalleled chaos and misery -in the form of war, famine, plague, and death. At times it must have seemed like the end of the world was truly at hand. And yet, as John Aberth reveals in this lively work, late medieval Europeans' cultural assumptions uniquely equipped them to face up postively to the huge problems that they faced. Relying on rich literary, historical and material sources, the book brings this period and its beliefs and attitudes vividly to life. Taking his themes from the Four Horsemen of the Apocalypse, John Aberth describes how the lives of ordinary people were transformed by a series of crises, including the Great Famine, the Black Death and the Hundred Years War. Yet he also shows how prayers, chronicles, poetry, and especially commemorative art reveal an optimistic people, whose belief in the apocalypse somehow gave them the ability to transcend the woes they faced on this earth. This second edition is brought fully up to date with recent scholarship, and the scope of the book is broadened to include many more examples from mainland Europe. The new edition features fully revised sections on famine, war, and plague, as well as a new epitaph. The book draws some bold new conclusions and raises important questions, which will be fascinating reading for all students and general readers with an interest in medieval history.