European Economy - Discussion Papers

From Directorate General Economic and Financial Affairs (DG ECFIN), European Commission
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118: Robots & the Rise of European Superstar Firms

Jens Suedekum and Nicole Woessner

117: The Automatisation Challenge Meets the Demographic Challenge: In Need of Higher Productivity Growth

Sandra Leitner and Robert Stehrer

116: Institutions and the Productivity Challenge for European Regions

Andrés Rodríguez-Pose and Roberto Ganau

115: Total Factor Productivity & the Quality of Social Institutions: Institutional Complementarities as Key Drivers of Balanced Innovation

Kurt Hübner

114: Labor Demand in the Past, Present, and Future

Georg Graetz

113: From New Technology to Productivity

Eric Bartelsman

112: The Intergenerational Dimension of Fiscal Sustainability

Pedro Arévalo, Katia Berti, Alessandra Caretta and Per Eckefeldt

111: Market Functioning & Market Integration in EU Network Industries – Telecommunications, Energy & Transport

Martijn Brons, Fotios Kalantzis and Lucia Vergano

110: A Calibration of the Term Premia to the Euro Area

Eric McCoy

109: Euro Area Fiscal Policy Changes: Stylised Features of the Past Two Decades

Cláudia Braz and Nicolas Carnot

108: Private Investment in Italy

Damiano Briguglio, Lazaros Dimitriadis, Virginia Maestri and Gianluca Papa

107: Incorporating a Job Search & Matching Module in the QUEST-model

Rafal Raciborski and Nicolas Robledo Böttcher

106: Euro Area & US External Adjustment: The Role of Commodity Prices & Emerging Market Shocks

Massimo Giovannini, Stefan Hohberger, Robert Kollmann, Marco Ratto, Werner Roeger and Lukas Vogel

105: Mitigating the Gap between the Rich & the Poor: An Empirical Assessment of Key Trends & Drivers of Redistribution

Martin Larch and Philipp Mohl

104: Output Gaps and Cyclical Indicator

Werner Roeger, Kieran Mc Morrow, Atanas Hristov and Valerie Vandermeulen

103: Cruising at Different Speeds: Similarities and Divergences between the German and the French Economies

Guillaume Cléaud, Francisco de Castro Fernández, Jorge Durán Laguna, Lucia Granelli, Martin Hallet, Anne Jaubertie, Carlos Maravall Rodriguez, Diana Ognyanova, Balazs Palvolgyi, Tsvetan Tsalinski, Kai-Young Weißschädel and Johannes Ziemendorff

102: The Global Multi-Country Model (GM): An Estimated DSGE Model for Euro Area Countries

Alice Albonico, Ludovic Calès, Roberta Cardani, Olga Croitorov, Fabio Di Dio, Filippo Ferroni, Massimo Giovannini, Stefan Hohberger, Beatrice Pataracchia, Filippo Maria Pericoli, Philipp Pfeiffer, Rafal Raciborski, Marco Ratto, Werner Roeger and Lukas Vogel

101: Assessing House Prices: Insights from "Houselev", a Dataset of Price Level Estimates

Jean-Charles Bricongne, Alessandro Turrini and Peter Pontuch

100: Skills Mismatch and Productivity in the EU

Anneleen Vandeplas and Anna Thum-Thysen

99: What if We All Worked Gigs in the Cloud? The Economic Relevance of Digital Labour Platforms

Steven Engels and Monika Sherwood

98: The Semi-Elasticities Underlying the Cyclically-Adjusted Budget Balance: An Update and Further Analysis

Gilles Mourre, Aurélien Poissonnier and Martin Lausegger

97: Benchmarks for Net International Investment Positions

Alessandro Turrini and Stefan Zeugner

96: Macroeconomic Responses to Fiscal Shocks in Portugal

Elva Bova and Violeta Klyviene

95: Regional Spillovers in the Hungarian Housing Market: Evidence from a Spatio-Temporal Model

Gábor Márk Pellényi

94: Quantifying the Economic Effects of the Single Market in a Structural Macromodel

Jan in 't Veld

93: Company Profits in Italy

Massimo Del Gatto, Fadi Hassan, Gianmarco Ottaviano and Fabiano Schivardi

92: Inflation Expectations, Consumption and the Lower Bound: Micro Evidence from a Large Euro Area Survey

Ioana A. Duca, Geoff Kenny and Andreas Reuter

91: A Model-Based Assessment of the Distributional Impact of Structural Reforms

Werner Roeger, Janos Varga, Jan in 't Veld and Lukas Vogel

90: The Effect of Elections on Consumer Confidence in Europe

Bertrand Marc and Andreas Reuter

89: Public Assets: What's at Stake? An Analysis of Public Assets and their Management in the European Union

European Commission

88: How did Regional Economic Structures in the EU Change during the Economic Crisis?

Michael Stierle, Ulrike Stierle- von Schütz and Stijn Rocher

87: Firm-level Drivers of Export Performance and External Competitiveness in Italy

Emanuele Brancati, Raffaele Brancati, Dario Guarascio, Andrea Maresca, Manuel Romagnoli and Antonello Zanfei

86: Methodologies for the Assessment of Current Account Benchmarks

Leonor Coutinho, Alessandro Turrini and Stefan Zeugner

85: The Return of the European Wage Phillips Curve

Fabrice Orlandi, Werner Roeger and Anna Thum-Thysen

84: Labour Taxation and Inclusive Growth

Athena Kalyva, Savina Prince, Alexander Leodolter and Caterina Astarita

83: A ‘New Modesty’? Level Shifts in Survey Data and the Decreasing Trend of ‘Normal’ Growth

Christian Gayer and Bertrand Marc

82: Enhanced Fiscal Integration in the EMU? Proceedings of the joint workshop, organised by the European Commission, the European Stability Mechanism and the German Council of Economic Experts on 19 September 2017

Ralph Schmitt-Nilson

81: Economists’ Musings on Human Capital Investment: How Efficient is Public Spending on Education in EU Member States?

Erik Canton, Anna Thum-Thysen and Peter Voigt

80: Untapped Potential: Intra-Regional Trade in the Western Balkans

Plamen Kaloyanchev, Ivan Kusen and Alexandros Mouzakitis

79: The Relation between Productivity and Compensation in Europe

Paolo Pasimeni

78: Productivity of Slovenian Firms

Polona Domadenik, Bojan Ivanc and Denis Marinšek

77: The Economic Effects of a Tax Shift from Direct to Indirect Taxation in France

Francisco de Castro Fernández, Marion Perelle and Romanos Priftis

76: Growth Effects of Corporate Balance Sheet Adjustments in the EU: An Econometric and Model-based Assessment

Romanos Priftis and Anastasia Theofilakou

75: What Drives Output Volatility? The Role of Demographics and Government Size Revisited

Martin Iseringhausen and Hauke Vierke

74: Boosting Investment in Social Infrastructure in Europe

Lieve Fransen, Gino del Bufalo and Edoardo Reviglio

73: GDP-linked Bonds: Some Simulations on EU Countries

Nicolas Carnot and Stéphanie Pamies Sumner

72: The Recent Reform of the Labour Market in Italy: A Review

Dino Pinelli, Roberta Torre, Lucianajulia Pace, Laura Cassio and Alfonso Arpaia

71: Inequality and Structural Reforms: Methodological Concerns and Lessons from Policy

Caterina Astarita and Gaetano D'Adamo

70: Evaluating Medium Term Forecasting Methods and their Implications for EU Output Gap Calculations

Kieran Mc Morrow, Werner Roeger and Valerie Vandermeulen

69: NAWRU Estimation Using Structural Labour Market Indicators

Atanas Hristov, Christophe Planas, Werner Roeger and Alessandro Rossi