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Alt Labour Minister Antonopoulou Highlights Potential of "Social Economy" in Greece

Athens-Macedonian News Agency, February 6, 2017. All Rights Reserved. Developing the social economy in Greece could help stem the emigration of young Greek scientists and professionals abroad, putting the brakes on the so-called "brain drain," Alternate Labour Minister for fighting unemployment Rania Antonopoulou said in an interview with the Athens-Macedonian New Agency (ANA) released on […]

One-Pager No. 53

Falling Labor Force Participation

Aging demographics, “social shifts,” and other supply-side and institutional factors have commonly been blamed for the fall in the US labor force participation rate. However, depressed labor force participation for prime-age workers is likely due to a combination of insufficient aggregate demand, weak job creation, and stagnant wages—all of which have been persistent problems over […]

MME, February 4, 2017

Αποψη: Συμπεράσματα διαλόγου για φορολογικούς συντελεστές, ανάπτυξη

Kathimerini, 4 Φεβρουάριος 2017. Με επιφύλαξη παντός δικαιώματος. Από τις φιλόξενες στήλες της «Καθημερινής», τις τελευταίες εβδομάδες δημοσιεύθηκαν άρθρα ενός γόνιμου διαλόγου με παράθεση πολλών στοιχείων εκατέρωθεν από επιστημονικές μελέτες, για τη σχέση των φορολογικών συντελεστών στις επιχειρήσεις με την ανάπτυξη της οικονομίας…. Διαβάστε περισσότερα κάνοντας ΚΛΙΚ ΕΔΩ: http://www.kathimerini.gr/894902/article/oikonomia/ellhnikh-oikonomia/apoyh-symperasmata-dialogoy-gia-forologikoys-syntelestes-anapty3h

Public Policy Brief No. 142

Full Employment: Are We There Yet?

Flavia Dantas and L. Randall Wray argue that the emerging conventional wisdom—that the US economy has reached full employment—is flawed. The unemployment rate is not providing an accurate picture of the health of the labor market, and the common narrative attributing shrinking labor force engagement to aging demographics is overstated. Instead, falling prime-age participation rates […]

MME, January 23, 2017

Αποψη: Οι «ιερές αγελάδες» της Ν.Δ. και η ελληνική πραγματικότητα

Kathimerini, 23 Ιανουάριος 2017. Με επιφύλαξη παντός δικαιώματος. Στην «Κ» της 15/1/2017 δέχθηκα τα βέλη της κριτικής των κ.κ. Βουρλούμη και Μπακογιάννη για την άποψή μου πως για την προσέλκυση επενδύσεων δεν προέχει σήμερα η μείωση της εταιρικής φορολογίας αλλά η βελτίωση των συνθηκών ρευστότητας και η δημιουργία ενός φιλικότερου επιχειρηματικού περιβάλλοντος για τις επιχειρήσεις…. […]

Summary No. 1

Summary Winter 2017

This issue of the Summary opens with a strategic analysis for Greece. Using alternative policy scenarios, the authors demonstrate that cleaning up the government’s arrears accounts and boosting public investment would improve GDP growth, but that growth and employment would best be promoted through the implementation of a direct job creation program underwritten by an […]

Why a Universal Basic Income Is a Poor Substitute for a Guaranteed Job

ABC News, January 18, 2017. All Rights Reserved. Creating a universal basic income as a means of addressing unemployment and productivity problems has become the topic du-jour as workers become increasingly separated from the means of production, with even modest salaries failing to cover the cost of living.  Consequently, Australian taxpayers have had to take on a greater […]

Working Paper No. 882

Investing in Social Care Infrastructure and Employment Generation

This paper examines the aggregate and gender employment impact of expanding the early childhood care and preschool education (ECCPE) sector in Turkey and compares it to the expansion of the construction sector. The authors’ methodology combines input-output analysis with a statistical microsimulation approach. Their findings suggest that the expansion of the ECCPE sector creates more […]

Working Paper No. 881

The Long-run Determinants of Indian Government Bond Yields

This paper investigates the long-term determinants of Indian government bonds’ (IGB) nominal yields. It examines whether John Maynard Keynes’s supposition that short-term interest rates are the key driver of long-term government bond yields holds over the long-run horizon, after controlling for various key economic factors such as inflationary pressure and measures of economic activity. It […]

Working Paper No. 880

The Great Recession and Racial Inequality

The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The losses in terms of employment and earnings are matched only by the losses in terms of real wealth. In many ways, however, these losses are merely a continuation of trends that have been unfolding for more than two […]