Titlebook: Wealth, Income Inequalities, and Demography; The Long-Term Policy Luigi Paganetto Conference proceedings 2014 Springer International Publis

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,Restoring Europe’s Luster,now, and which can wait? These are the questions that this paper asks. The short answers: Europe has achieved economic growth and convergence that is unprecedented. Most countries in Europe are doing well in trade and finance, many in enterprise and innovation, but far fewer are doing well in labor

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Crisis in the Eurozone: Some Popular Fallacies and a Few Unpleasant Remarks,uence of the Euro led to real divergence and external imbalances within the Eurozone. After the outbreak of the European debt crisis, austerity policies in the peripheral countries of the Eurozone simply had no alternative, given the refusal on the part of the markets to go on financing levels of pr

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Information Technology and Labor Market Polarization in Europe, trends. Recent papers have found job polarization patterns also in Europe, while few evidence is available for wages. The goal of the paper is to investigate the dynamics of unconditional and conditional—on technology—wages in Europe, using industry (EU?KLEMS) data. As for unconditional wages, ther

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Sovereign Risk, Monetary Policy and Fiscal Multipliers: A Structural Model-Based Assessment,eral equilibrium model that allows for the possibility (a) that the zero lower bound may be binding and (b) that the initial public debt-to-GDP ratio may affect the financing conditions of the public and private sectors (sovereign risk channel). The results are the following. First, the public consu