Since the mid-2000s there has been an increasing divergence in unemployment rates
across EU countries and age groups. We argue that this divergence has to do with labor …

Unemployment in Europe is not only “too high”, it is also too different across countries that
belong to a monetary union. In this paper we i) document this increasing heterogeneity, ii) try …

What is the role of emigration in a deep recession when the government implements fiscal
consolidation? To answer this question, we build a small open economy New Keynesian …

In this paper we propose a new channel through which fiscal austerity affects the
macroeconomy. To this end, we introduce endogenous migration both for the unem-ployed …

High unemployment and fiscal austerity during the Great Recession have led to significant
migration outfl ows in those European countries that suffered a deep deterioration of their …

We are investigating unemployment inflows and outflows using micro-data from the Greek
Labour Force Survey (1998-2013). Focusing on the post-2008 recessionary period …

Unemployment in Europe is not only “too high”. It is also too different across countries,
belonging to a monetary union. In this paper we i) document this increasing heterogeneity …

This paper proposes a new channel through which fiscal austerity affects the
macroeconomy. We introduce endogenous migration for both the unemployed and the …

Abstract [eng] The growth-unemployment relationship is widely discussed in scientific
literature. However, there is a lack of research analysing the variation of Okun's coefficient …

The starting point of this study is the implementation of seemingly similar youth‐oriented
labour market policies in Greece and Portugal. Both countries have suffered high youth …