Juan Dolado, 09 February 2015

Youth unemployment has been at the forefront of political and academic debate since the unfolding of the Great Recession in 2008, exploited to a greater or lesser extent by the contenders of most elections that have taken place across Europe since then. Edited by Juan Dolado of the European University Institute, this eBook takes into account the relevance of policy lessons from recent experience to provide a clear analysis of the factors that affect the impact labour-market policies have on youth unemployment. The contributors present a case-by-case analysis for a range of countries across Europe, spread both geographically and also by the divergent approaches taken. It covers countries with dual vocational training systems; dual labour markets; those where the ratio between youth and adult unemployment is notably high or low; and an overview of the recently launched Youth Guarantee programme.

Kevin Hjortshøj O’RourkeIsabella Rota Baldini, 31 January 2015

The 7-8 November 2013 conference in Modena was the second in a series of events aimed at sharing different ideas and perspectives on a key policy issue – what can stimulate sustained growth in economies that cannot simply add more capital or import technologies developed abroad? This is an important question not only in the short run, as Europe struggles to emerge from recession, but also over the longer term as population ageing begins to affect these mature economies.

Alberto GiovanniniColin MayerStefano MicossiCarmine Di NoiaMarco OnadoMarco PaganoAndrea Polo, 29 January 2015

Restarting European Long-Term Investment Finance (RELTIF) is a joint project organised by CEPR and Assonime, and supported by Emittenti Titoli. It was launched in response to the low level of investment that has been observed across Europe and the policies that have been adopted to deal with it. This Green Paper is the first output of the project and sets the stage for its future research. The paper describes the significant changes in financing of corporations that have occurred in Europe over the last few years and the reasons for them.

Dirk Schoenmaker, 15 December 2014

Macroprudentialism is now part of the standard macroeconomic toolkit but it involves a set of relatively untested policies. This new Vox eBook collects the thinking of a broad range of leading US and European economists on the matter. A consensus emerges on broad objectives of macroprudential supervision, but important disagreements remain among the authors. 

Luigi ButtiglionePhilip R. LaneLucrezia ReichlinVincent Reinhart, 29 September 2014

The world has not yet begun to deleverage its crisis-linked borrowing. Global debt-to-GDP is breaking new highs in ways that hinder recovery in mature economies and threaten new crisis in emerging nations – especially China. The latest Geneva Report on the World Economy argues that the policy path to less volatile debt dynamics is a narrow one, and it is already clear that developed economies must expect prolonged low growth or another crisis along the way.

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