Journal articles on the topic 'Insurance, Unemployment – European Union countries'
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1
Espuelas, Sergio. "FALLOS DE MERCADO Y SEGURO DE PARO EN ESPAÑA ANTES DE 1936." Revista de Historia Económica / Journal of Iberian and Latin American Economic History 31, no. 3 (November 29, 2013): 387–422. http://dx.doi.org/10.1017/s0212610913000189.
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ABSTRACTBefore 1936, private insurance against unemployment was mostly run by trade unions. Commercial companies, meanwhile, did not penetrate into this insurance branch, which is probably due to the advantages that trade unions had when dealing with adverse selection and moral hazard problems. Nevertheless, union-based unemployment insurance reached a lower level of development than other private social insurance schemes, like sickness insurance, perhaps because of the financial difficulties that economic crisis involved for unemployment funds. Also, unemployment insurance spread specially among urban and high-wage workers, although coverage rates in Spain were below those of other European countries with higher income levels. However, even in the latter private coverage against unemployment did not reach 10% of the working population. As in other European countries, Spanish unemployment union-funds implemented strict economic incentives to deal with moral hazard, but precisely this hindered the spreading of private unemployment insurance.
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Hoogenboom, Marcel. "Transnational Unemployment Insurance: The Inclusion and Exclusion of Foreign Workers in Labour Unions’ Unemployment Insurance Funds in the Netherlands (c.1900–1940)." International Review of Social History 58, no. 2 (June 7, 2013): 247–84. http://dx.doi.org/10.1017/s0020859013000199.
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AbstractIn the early twentieth century, like many of their European counterparts, labour unions in the Netherlands established mutual unemployment insurance funds for their members. Various funds made agreements with labour unions in a number of European countries to recognize each other's insurance schemes, enabling union members to work in the Netherlands without losing their entitlement to benefits accumulated in their home countries, and vice versa. Whereas up until the 1930s some of the alliances between Dutch and foreign funds had flourished, in the 1930s the number of non-Dutch workers in the Netherlands making use of such agreements decreased drastically. This article analyses those transnational alliances and explores various causes for their demise, concluding that in the 1930s formal regulation of foreign labour by the Dutch government substantially reduced the number of potential foreign members of insurance funds while government interference in unemployment insurance abroad, and especially in Germany, made the transnational agreements effectively void.
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Vanthemsche, Guy. "Unemployment Insurance in Interwar Belgium." International Review of Social History 35, no. 3 (December 1990): 349–76. http://dx.doi.org/10.1017/s002085900001004x.
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SUMMARYIn 1900, a special type of unemployment insurance was set up in Belgium: the so-called “Ghent system”, which had some influence on the development of unemployment insurance in many European countries. This particular system was characterized by the important role played by the trade-union unemployment societies. The public authorities (in Belgium, from 1920 onwards, the central government next to the towns and provinces) encouraged the affiliation of the labourers to these societies by granting different sorts of financial support to the unemployed society members and to the societies themselves. During the crisis of the 1930s, this led to an important growth of Belgian trade-union membership. On the other hand, the quantitative growth of the labour movement due to this particular organization of unemployment insurance, led to many negative sideeffects for the trade unions (administrative chaos, financial problems, loss of combativity). Moreover, the employers' organizations strongly opposed this system of unemployment insurance, because they thought it reinforced the labour movement's power in society (strengthening of union membership, influence on wage formation, obstruction of deflation policy). This article examines the heated debates waged in the labour movement itself and between this actor, the employers' organizations and the government, to solve the many important problems posed by this type of social insurance. The Belgian pre-Second World War debate concerning unemployment insurance was of great importance for the shaping of the Welfare State in Belgium, which took its present-day form in 1944.
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Nergaard, Kristine, and Torgeir Aarvaag Stokke. "The puzzles of union density in Norway." Transfer: European Review of Labour and Research 13, no. 4 (November 2007): 653–70. http://dx.doi.org/10.1177/102425890701300409.
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The level of union density in Norway is medium high, in contrast to the other Nordic countries where high density levels are supported by unemployment insurance funds. Developments in union density over time are stable in Norway, contrary to developments in most western European countries outside the Nordic region. This article traces the effects of unemployment insurance funds by comparing density levels in Norway with those in Finland and Sweden. In addition, the stability witnessed in union density in Norway over time is a particularly puzzling phenomenon, and the authors seek to explain it on the basis of specific institutional and labour market factors.
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Yuvalı, Ertuğrul, and Nihan Gizem Kantarcı. "Unemployment Insurance for Labour Migrants according to the European Court of Justice." Göç Dergisi 9, no. 3 (November 30, 2022): 329–35. http://dx.doi.org/10.33182/gd.v9i3.857.
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In the study, the decisions of the European Court of Justice regarding the unemployment insurance of migrant workers were examined. In decisions; It has been stated that migrating to benefit from unemployment insurance cannot be interpreted against the worker. It has been stated that immigrating from the country of citizenship to another country and residing there will not prevent him from receiving unemployment benefits. A migrant worker must be insured for a certain period of time to benefit from unemployment insurance. Each country regulates this period of employment with its own domestic laws. The length of service in different member states of the European Union, excluding the domestic law rules in the countries of employment, by the Court of Justice, It has been determined that it has been interpreted that it can be combined to benefit from unemployment insurance.
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Popa, Adriana Florina, Stefania Amalia Jimon, Delia David, and Daniela Nicoleta Sahlian. "Influence of Fiscal Policies and Labor Market Characteristics on Sustainable Social Insurance Budgets—Empirical Evidence from Central and Eastern European Countries." Sustainability 13, no. 11 (May 31, 2021): 6197. http://dx.doi.org/10.3390/su13116197.
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Social protection systems are a key factor for ensuring the long-term sustainability and stability of economies in the European Union, their reform being nowadays present in the political agenda of member states. Aging and the dependence on mandatory levies applied to the employed population on the labor market represent a threat for the sustainability of public social protection systems. In terms of sustainability, our purpose was to highlight the factors influencing social insurance budgets, considering the fiscal policies implemented in six countries of Central and Eastern Europe and their particular labor market characteristics. Therefore, a panel study based on a regression model using the Ordinary Least Squares method (OLS) with cross section random effects was used to determine the correlations between funding sources and labor market specific indicators. The data analyzed led to relevant results that emphasize the dependence of social insurance budgets on positive factors such as the average level of salaries, the share of compulsory social contributions, the unemployment rate, and the human development index, suggesting the continuing need for professional and personal development of the workforce.
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PETRUSHKA, Olena. "Foreign experience of financial support of citizens in case of unemployment." Economics. Finances. Law, no. 10 (October 26, 2020): 23–26. http://dx.doi.org/10.37634/efp.2020.10.4.
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Introduction. Unemployment, as one of the world's economic problems today, significantly affects the material, social and professional level of the working population. Payment of unemployment benefits is one of the measures of social support of citizens by the state. Such social benefits are twofold, as on the one hand they replace lost earnings, and on the other one they will be perceived by the state regulation of labor resources. The purpose of the paper is to study and borrow positive experience of social insurance in case of unemployment in different countries of the world in accordance with their affiliation to labor market models and employment promotion. Results. The American Unemployment Insurance System is formed solely by employers' contributions (except in 3 states where employees also pay contributions) and provides benefits for 26 weeks. Each state has its own social security program, according to which contributions are formed and unemployment benefits are paid. If we talk about the European model of employment, its characteristic feature is that it is focused on reducing employment by increasing productivity and increasing the income level of working citizens. The Swedish model of social insurance in the event of unemployment is characterized by an active employment policy, in particular, preference is given to vocational training and professional development. In addition, the emphasis is on providing employment by creating jobs in the public sector with average and satisfactory working and pay conditions. The Japanese model of employment incentives has a number of characteristic features: the country has a widespread system of lifelong employment; the amount of remuneration for work is set depending on the length of service of the employee, his age and marital status; trade unions (unions) are not created on a sectoral basis, but directly at the level of economic entities. Conclusion. Building a multi-level social insurance system enables insured persons to receive high-level social benefits, insurers to create favorable working conditions and select highly qualified workers, and insurers to regulate the labor market and reduce unemployment.
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Volkov, A., A. Gutnick, Y. Kvashnin, V. Olenchenko, and A. Shchedrin. "Experience of Overcoming of Crisis Phenomena in Some EU Countries." World Economy and International Relations, no. 3 (2015): 35–47. http://dx.doi.org/10.20542/0131-2227-2015-3-35-47.
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The article analyses the most recent experience of anti-recessionary policies in several EU member nations, such as UK, Nordic countries (especially Sweden), Ireland, Baltic countries and Greece. As for Great Britain, its government implemented traditional package of anti-crisis measures aimed at support of national financial system and stimulation of economic growth. By 2010 the nation reached relative economic stability and then proceeded into a slow recovery. Still, the crisis highlighted serious risks of ongoing financialization and de-industrialization in the UK. So, the government began to develop a long-term program of modernization and structural reshaping of national economy. Nordic countries also actively used Keynesian-type anti-crisis measures. The most interesting is Swedish case. The nation passed the global financial and economic crisis of 2008-2009 smoother than other EU members due to deep institutional reforms undertaken after the acute crisis of 1991-1993. Then Sweden experienced a deep fall of GDP combined with a crisis of local banks, surge of interest rates and unemployment level, weakening of national currency. This pushed Riksbank to introduce strict measures for limiting the inflation rate, Riksdag – caps for state budget expenditure. State sector of national economy was substantially decreased. These measures proved to have long-term positive implications. In contrast, Ireland that enjoyed an impressive economic growth before 2008 was badly prepared to external shocks. The Irish government’s reactions to financial and economic turmoil were rather spontaneous. The main task was to stabilize the local financial system that suffered from excessive dependency on foreign markets. Only by 2014 Ireland showed signs of economic recovery. Similarly, Baltic countries found themselves to be ill prepared for functioning under economic crisis conditions. Neither national governments nor EU Commission succeeded to propose efficient anti-crisis actions. As a result, population of Baltic nations most heavily suffered from the crisis. In Greece crisis made inevitable substantial revision of national social and economic model, as well as the political parties’ system. Under strong pressures from the EU Greece at last started to implement long-needed reforms in such spheres as budget planning, labor legislation, social insurance, healthcare and education. Acknowledgments. The article has been supported by a grant of the Russian Humanitarian Scientific Foundation. Project № 14-07-00047a “European Union as a Testing Site of New Anti-Crisis Technologies under Conditions of Globalization”.
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Solaz, Anne, Marika Jalovaara, Michaela Kreyenfeld, Silvia Meggiolaro, Dimitri Mortelmans, and Inge Pasteels. "Unemployment and separation: Evidence from five European countries." Journal of Family Research 32, no. 1 (April 1, 2020): 145–76. http://dx.doi.org/10.20377/jfr-368.
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Since the 1970s, several European countries have experienced high union dissolution risk as well as high unemployment rates. The extent to which adverse economic conditions are associated with union instability is still unknown. This study explores the relationship between both individual and aggregate unemployment and union dissolution risk in five European countries before the recent economic crisis. Using rich longitudinal data from Belgium, Finland, France, Germany, and Italy, the empirical analysis, based on discrete-time event history models, shows that male unemployment consistently increases the risk of union dissolution. While a strong association is observed between male unemployment and separation at the micro level, no association is found between male unemployment and union dissolution at the macro level. The results for female unemployment are mixed, and the size of the impact of female unemployment is smaller in magnitude than that of male unemployment. In Germany and Italy, where until very recently work is less compatible with family life than in other countries, female unemployment is not significantly associated with union dissolution.
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Economou, Athina, and Iacovos N. Psarianos. "Revisiting Okun’s Law in European Union countries." Journal of Economic Studies 43, no. 2 (May 9, 2016): 275–87. http://dx.doi.org/10.1108/jes-05-2013-0063.
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Purpose – The purpose of this paper is to examine Okun’s Law in European countries by distinguishing between the transitory and the permanent effects of output changes upon unemployment and by examining the effect of labor market protection policies upon Okun’s coefficients. Design/methodology/approach – Quarterly data for 13 European Union countries, from the second quarter of 1993 until the first quarter of 2014, are used. Panel data techniques and Mundlak decomposition models are estimated. Findings – Okun’s Law is robust to alternative specifications. The effect of output changes to unemployment rates is weaker for countries with increased labor market protection expenditures and it is more persistent for countries with low labor market protection. Originality/value – The paper provides evidence that the permanent effect of output changes upon unemployment rates is quantitatively larger than the transitory impact. In addition, it provides evidence that increased labor market protection mitigates the adverse effects of a decrease in output growth rate upon unemployment.
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CLASEN, JOCHEN, and ELKE VIEBROCK. "Voluntary Unemployment Insurance and Trade Union Membership: Investigating the Connections in Denmark and Sweden." Journal of Social Policy 37, no. 3 (July 2008): 433–51. http://dx.doi.org/10.1017/s0047279408001980.
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AbstractThe high rate of trade union membership in Nordic countries is often attributed to the way in which unemployment insurance is organised: that is, as a voluntary scheme which is administered by trade union-linked funds (the so-called Ghent system). However, since trade unions and unemployment insurance funds are formally independent from each other, and alternatives to traditional trade union-linked unemployment funds are available, it is far from clear why the more expensive option of a dual membership in trade union and unemployment insurance is generally favoured. Comparing current characteristics and the operation of the Ghent system in Denmark and Sweden, the article identifies incentives for joining an unemployment insurance fundper seand, secondly, factors which make such a dual membership appealing. It shows that some of these apply to both countries, such as the strong identification with trade unions or the lack of a transparent institutional separation, while others are country-specific, such as job search support in Denmark and access to improved benefit provision in Sweden.
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Kudła, Janusz. "Determinants of Public Indebtedness in European Union Countries." e-Finanse 14, no. 3 (September 1, 2018): 76–86. http://dx.doi.org/10.2478/fiqf-2018-0021.
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AbstractThe paper strives to determine the impact of fiscal variables on factors determining the dynamics of public debt in European Union countries. Based on the literature, the dynamics of public debt are determined by changes of three elements: the primary balance, interest-rate-growth-differential and the change of government assets. Therefore, it seems reasonable to estimate the dynamics of these three values to find the variables crucial for limiting the growth of public debt. Three groups of dynamic panel regressions were estimated based on the one-step Generalized Method of Moments. The data was collected for the 1995-2015 period for 27 EU countries. Dependent variables included: primary balance, interest-rate-growth-differential and change of government assets. Independent variables consisted of: interest payable to GDP ratio, unemployment rate, squared unemployment rate, FDI stock to GDP, net FDI inflow to GDP, general government expenditures to GDP, share of social security expenditures and openness of the economy measured by the ratio of export and import to GDP. On the basis of statistical data, three components of debt changes were distinguished, and estimations of the dynamic panel regressions were applied to find the impact of independent variables. According to the basic models, the primary balance is lower for: countries with higher unemployment, greater FDI stock and higher general government expenditures. The interest-rate-growth-differential is lower in the case of: high subsidies and for a more open economy. However, unemployment and FDI remain the most important determinants of this variable. The change of government’s assets ratio decreases as FDI net inflows or the share of expenditures to GDP increase as well as in the case of very high unemployment.
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Voytyk, Oleksandra, and Nataliia Mazii. "Labor market amid the crisis and ways to improve its governmental regulation." Democratic governance 30, no. 2 (December 31, 2022): 144–57. http://dx.doi.org/10.23939/dg2022.02.144.
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Statement of the problem. Employment of the population and reduction of unemployment rate are priority objectives for economic recovery in the country suffering from the hybrid war for many years, affected by the COVID-19 pandemic for two years, and involved into the full-scale war since February 24, 2022 that results in joblessness for thousands of people, destruction of the businesses, equipment and facilities, as well as the natural resources of Ukraine. These and other factors are undermining the normalfunc- tioning of the labor market that currently features high unemployment rate, essential territorial differentiation in the area of employment in connection with the temporary occupation of the territories and warfare, imbalances between the vacancies and the qualifications in demand, negative demographic processes (increase in the rate of mortality, disability, migration within and outside the country). Today, governmental regulation of the labor market is a necessity because coordination between the interests of the workforce and the employers has to be supported and monitored by the government to enable fast recovery from the crisis and integration of Ukraine into the world economic space, increase of the economic competitiveness and acceptance of Ukraine as the member of the European Union. Analysis of the latest researches and publications. The war in Ukraine that has caused social and economic crisis has also adversely affected the national labor market and employment industry. The vacancies have been curtailed as a result of emigration of people and relocation of businesses, employment has become problematic or impossible, accordingly, there is increase in unemployment rate stemming from the pandemic and economic crisis emerging before the war. That is why a lot of scientists have started researching this problem, namely, N. Balashova, O. Bokov, M. Butko, V. Vasylchenko, R. Voitovych [4], S. Honcharova, K. Dubych [4], M. Kravchenko, O. Krainyk, E. Libanova, Y. Marshavin, L. Novak-Kaliaieva, V. Onikienko, N. Savchenko, K. Suprun [5], N. Titchenko. Addressing the previously untouched points of the general problem. The subject of the research constitutes study of the particulars of formation of offer and demand in the labor market of Ukraine amid improvement of its governmental regulation, with due regard to the European Integration ambitions of Ukraine. Presentation of the basic research material. Employment of the population is one of the most important criteria influencing the state of economy and efficiency of public administration in any country. The purpose of the governmental policy in this area is to ensure the fullest involvement of the population in the socioeconomic development processes. Public administration of employment includes ensuring balance between the labor offer and demand for the people with different occupational qualifications, increase of the income and improvement of the quality of life of the people, facilitation of staff support in order to generate and fulfill the creative and business ideas. Public administration of employment plays an important rolein the socioeconomic development policy, offersso- lution to the multidimensional problems, and not only furthers achievement of quantitative target values, but also encourages qualitative economic changes, human capital development, especially in the context of the European integration. Based on the completed analysis, the key measures aimed at improvement of the governmental regulation of the labor market amid the crisis are creation of equal opportunities for the unemployed in the Employment Center of the region, provision of access to the training programs and job offers, introduction of the mechanisms of cooperation and interaction among the State Employment Service and private employment agencies; elimination of imbalance between the workforce offer and demand revealed while analyzing the number of vacancies and unemployed in the labor market of Ukraine, which is especially necessary in times of war, by achieving the balance between the workforce offer and demand in the market through generation of the system of monitoring and forecasting, and estimation of the numbers of the state order in the educational institutions; career guidance organization and promotion, training and re-training of staff; harmonization of the legislative regulation of labor relations of the market participants; in view of the experience gained from the developed countries, prioritization of the social protection of the unemployed population (financial aid, unemployment benefits, unemployment insurance, etc.), which shall definitely decrease emigration of the staff and reduce the criminal rate; generation of the competitive environment, both in the labor market and in the businesses, with due regard to the economic and regional aspects; increase of motivation among the unemployed, etc. Conclusions. The research addresses the evident lack of balance between the offer and demand in the labor market occurring as a result of the pandemic, as well as substantial worsening of this situation since February 24, 2022. In 2018–2019, the difference between the vacancies and the unemployed was not essential, in 2020, the number of unemployed exceeded the number of vacancies 1.5 times, in 2021, 1.7 times, and in 2022, 2.7 times. In addition to the social crisis when the war destroys the life of people and families, ruins or paralyzes the state and private economy sector, the governmental regulation of the labor market is required both at the state and the regional levels. Today, the worst situation is in the occupied territories or the area affected by fighting, and despite partial relocation of businesses, many companies are staying in the danger area any putting the life of their employees at stake every day due to impossibility to move their business to another area, desire to keep the jobs or for other reasons, for stabilization of economic processes and the future without war.
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Sulaiman, Saqer. "Arab Youth Migration to the European Union." Pro Publico Bono - Magyar Közigazgatás 8, no. 4 (2020): 106–21. http://dx.doi.org/10.32575/ppb.2020.4.8.
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Migration from Arab countries to European countries started many decades ago. It has been driven by a variety of push–pull factors. The two main factors are economic deterioration and political instability. Many young people migrated to escape unemployment, poverty and poorworking conditions. Others fled the effects of war and conflicts. This paper reviews Arab youth migration to European countries, its drivers, and the way it impacts the origin countries, host countries and the immigrants. Despite some negative implications of migration on the origin countries such as education cost and deprivation of the country from the potential capacity of skilled people, the benefits of these countries are rather clear and include remittances, knowledge and experience transfer. However, mitigation of Arab youth migration challenges is not an easy task; it needs new governmental approaches to reduce unemployment rates, as well as the active involvement of youth in economic and political life.
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Van Rie, Tim, Ive Marx, and Jeroen Horemans. "Ghent revisited: Unemployment insurance and union membership in Belgium and the Nordic countries." European Journal of Industrial Relations 17, no. 2 (June 2011): 125–39. http://dx.doi.org/10.1177/0959680111400895.
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The exceptionally high union density rates in Denmark, Finland and Sweden are attributed to a particular form of voluntary unemployment insurance, known as the Ghent system. Heavily subsidized by the state and administered by union funds, it strongly motivates workers to become union members. Belgium has a partial Ghent system: while unemployment insurance is compulsory, trade unions retain an important role in the provision of benefits. Belgian union density is at an intermediate level; but as in other Ghent countries, its level is currently higher than in the 1970s. This article argues that the Belgian institutional set-up provides stronger incentives for manual workers in industry with lower educational attainment and a past unemployment record. In Denmark, Finland and Sweden, the Ghent system recruits workers across different occupations and educational levels. However, its appeal seems to have lessened over recent years, particularly among younger workers.
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Høgedahl, Laust, and Kristian Kongshøj. "New trajectories of unionization in the Nordic Ghent countries: Changing labour market and welfare institutions." European Journal of Industrial Relations 23, no. 4 (February 6, 2017): 365–80. http://dx.doi.org/10.1177/0959680116687666.
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Unemployment insurance funds (the ‘Ghent system’), subsidized by the state and controlled by the labour movement, have contributed to high trade union densities in the Nordic countries. However, dependence on these funds as a recruiting mechanism makes trade union membership sensitive to institutional changes to unemployment insurance benefits and the institutional set-up surrounding and regulating them. In this article, we investigate recent institutional changes in the three Nordic countries following the Ghent model, Finland, Sweden and Denmark, and analyse the consequences for union and fund membership. These countries have witnessed different combinations of two types of reform, less attractive unemployment benefits plus new institutional alternatives to the traditional union-run funds, and this has led to different outcomes in each country. Benefit retrenchment and increased contributions led to a sharp decline in fund membership in Sweden, whereas this trend is less pronounced in Finland and Denmark. Instead, the main trend here has been a shift from union-led to alternative forms of fund membership, but in different ways.
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Kwiatkowska, Walentyna. "The Structure of Unemployment in Poland and the European Union Between 2000 and 2012." Comparative Economic Research. Central and Eastern Europe 17, no. 3 (October 3, 2014): 63–84. http://dx.doi.org/10.2478/cer-2014-0023.
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This paper has two main objectives. The first is to show changes in the levels of unemployment and unemployment rates in Poland and other European Union countries and to explain why the Polish rates are relatively high. The second is to analyse the structure of unemployment by gender, age, levels of education, and duration of unemployment. In order to assess the Polish unemployment structure it is compared with the analogous structures in the other European Union countries.
The analysis will indicate the groups of the labour force with high risk of unemployment. Among the groups of high risk of unemployment are women, youth, people with low skills, and the long-term unemployed.
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Lambovska, Maya, Boguslava Sardinha, and Jaroslav Belas, Jr. "IMPACT OF THE COVID-19 PANDEMIC ON YOUTH UNEMPLOYMENT IN THE EUROPEAN UNION." Ekonomicko-manazerske spektrum 15, no. 1 (June 30, 2020): 55–63. http://dx.doi.org/10.26552/ems.2021.1.55-63.
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Youth unemployment is a problem in each member country of the European Union (EU). The EU seeks to alleviate this problem by implementing various programs to support young people in finding and keeping a job, thus contributing to economic growth. In 2020, the world was hit by the COVID-19 pandemic. The countries have introduced many strict measures to prevent its spread, but they have caused a significant increase in unemployment, including among young people, and thus harmed economic growth. In this paper, we analyze the unemployment of people under the age of twenty-five in the EU. We also point out how unemployment rates have increased in individual countries. This problem concerns not only countries where the youth unemployment rate had been high already, such as Greece, Spain, and Italy, but also countries with previously lower rates, for example, the Czech Republic, Netherland, Poland, and Slovenia. In the latter group of countries, the youth unemployment rate has doubled in some cases due to anti-pandemic measures. We found that the most affected countries in this regard are the aforementioned Czech Republic, where the unemployment rate at the end of 2020 rose to 2.19 times above the level at the end of 2019, and Estonia, where year-over-year youth unemployment rose by a factor of 2.5. However, unfavorable developments occurred also in Lithuania, Latvia, and Ireland. According to our results, in 2020, youth unemployment increased the least in Hungary, Italy, and Belgium. In general, however, as the situation is now much more urgent, measures to alleviate this problem need to be put in place in each country to help young people find employment and, thus, stimulate economic growth.
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Rasmussen, Magnus Bergli, and Jonas Pontusson. "Working-Class Strength by Institutional Design? Unionization, Partisan Politics, and Unemployment Insurance Systems, 1870 to 2010." Comparative Political Studies 51, no. 6 (June 15, 2017): 793–828. http://dx.doi.org/10.1177/0010414017710269.
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Many studies have found that countries with union-administered unemployment insurance have higher rates of unionization than countries with state-administered unemployment insurance. With data going further back in history, this article demonstrates that the introduction of so-called “Ghent systems” had no effect on unionization rates. We argue that the Ghent effect identified by the existing literature came about as a result of increasing state subsidization and benefit generosity in the 1950s and 1960s. Exploring the partisan politics of unemployment insurance, we show that progressive Liberals (“Social Liberals”) favored Ghent designs while Social Democrats favored state-administered unemployment insurance before the Second World War. We also present some evidence suggesting that Left governments, inheriting Ghent systems that were not of their choosing, promoted state subsidization in the postwar era and thus helped generate the Ghent effect identified by the existing literature.
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Trpkova-Nestorovska, Marija. "FACTORS OF EMIGRATION: ANALYSIS OF COUNTRIES FROM THE EUROPEAN UNION." Knowledge International Journal 32, no. 1 (July 26, 2019): 33–38. http://dx.doi.org/10.35120/kij320133t.
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The past decade was a period that was characterized by massive migration flows in European Union countries, a situation like none other before. Different migration flows contributed to inflow of working force from conflict areas of the Middle East, countries from the Western Balkans, and also migration within the European Union. While immigration is dominant, emigration also has large impact in the migration flow in the EU. The purpose of this paper is to determine the main factors that contribute to emigration in the 28 EU countries. The panel regression model with random effects is used where seven factors were examined in order to determine their influence on the emigration. Macroeconomic determinants include GDP per capita and unemployment rate, demographic factors include total population, young male population and young female population and other factors include level of corruption and enrollment in tertiary education. Analysis includes 28 EU countries, while the analyzed period is 1999-2017 (19 periods), and the total number is 560 observations. The results confirm that emigration is driven by unemployment rate, total population, young male and young female population. When the unemployment rate increases, the emigration also increases, which is logical. If the national labor market cannot provide vacancies for the increasing supply of work force, the next option would be emigration in another country due to eligible working positions. Population, as demographic factor, also influences emigration. The bigger the population, the larger emigration is expected. Also, young female and male population have statistically significant effect on the emigration, yet the direction of the relationship is different. Increase in young male population can contribute to increase in emigration. On the other side, increase in young female population reduces the number of emigrants. From the results it would seem that demographic factors dominate over macroeconomic and other factors. Policy makers in the countries with accentuated emigration component should be concerned that young male population is leaving, and this labor force is or soon will become deficitary. Also, unemployment is another issue that should be addressed. National governments should create policies that contribute to increased economic growth that produces vacancies. Otherwise, the high unemployment rate would soon drain the country out of its working source. Other factors such as level of corruption, GDP per capita and enrollment in tertiary education seem not to have statistically significant impact on emigration in the countries of the European Union.
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Dimian, Gina Cristina, Liviu Stelian Begu, and Josef Jablonsky. "Unemployment and labour market mismatch in the European Union Countries." Zbornik radova Ekonomskog fakulteta u Rijeci: časopis za ekonomsku teoriju i praksu/Proceedings of Rijeka Faculty of Economics: Journal of Economics and Business 35, no. 1 (June 30, 2017): 13–44. http://dx.doi.org/10.18045/zbefri.2017.1.13.
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Faďoš, Marina, and Mária Bohdalová. "Unemployment gender inequality: evidence from the 27 European Union countries." Eurasian Economic Review 9, no. 3 (June 28, 2018): 349–71. http://dx.doi.org/10.1007/s40822-018-0107-3.
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Dudzevičiūtė, Gitana, and Justinas Čekanauskas. "The Research of the Causal Relationship Between Unemployment and Emigration in Lithuania." Business: Theory and Practice 15, no. 4 (December 19, 2014): 294–301. http://dx.doi.org/10.3846/btp.2014.516.
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This paper aims to investigate the causal relationship between unemployment and emigration in Lithuania using Granger – causality test. The research is based on annual data spanning the period of 2004–2012. The investigation encompasses two steps. Firstly, the authors have analyzed the Lithuanian position regarding relationship between unemployment rate and emigration in the context of the European Union countries; secondly, the causality between unemployment and emigration has been determined in the case of Lithuania. On the basis of the European Union countries statistical data, results of the research have revealed a weak correlation between unemployment rate and emigration. On the contrary, evidence has suggested the existence of a strong relationship between unemployment and emigration in Lithuania. Results of the Granger – causality test have showed that unemployment impacts on emigration in Lithuania.
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Malaj, Emi. "European Integration, Economy and Corruption in the Western Balkans." European Journal of Economics and Business Studies 6, no. 2 (August 15, 2020): 48. http://dx.doi.org/10.26417/517utm22z.
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The European Union countries and institutions have constantly contributed to the European integration process of the Western Balkan countries. Albania, Serbia, Montenegro and the Republic of North Macedonia are official candidates for EU membership. Chapters and accession negotiations have been opened with Montenegro and Serbia, whereas Kosovo and Bosnia and Herzegovina are potential candidate countries. Poverty, unemployment and corruption are probably the most common problems that Western Balkan citizens face. Corruption, in itself, does not lead to poverty, but it stimulate poverty through indirect channels by affecting economic, social, political and administrative conditions. Both, the enhancement of business climate for private investors, and a higher level of integration with the European Union will decrease unemployment and will boost economic growth. Authorities should follow concrete policies in order to encourage private sector investment, increase regional integration, and create new jobs. The future of the Western Balkans is in the European Union.
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Dimian, Gina Cristina, Mirela Ionela Aceleanu, Bogdan Vasile Ileanu, and Andreea Claudia Șerban. "UNEMPLOYMENT AND SECTORAL COMPETITIVENESS IN SOUTHERN EUROPEAN UNION COUNTRIES. FACTS AND POLICY IMPLICATIONS." Journal of Business Economics and Management 19, no. 3 (November 19, 2018): 474–99. http://dx.doi.org/10.3846/jbem.2018.6581.
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This article addresses the problem of the main factors driving sectoral unemployment in the Mediterranean countries most affected by this phenomenon. The choice of the four countries (Greece, Italy, Spain and Portugal) relies on the fact that they are dealing with the highest unemployment rates in the European Union and a certain typology of the economic structure. The originality of our research is offered by its direction, less tackled until now, namely the focus on the particularities of the economic sectors, trying to capture differences between them. The importance and the impact of the results are supported by the methods used to produce them, indicators and econometric models that are on trend and bring extra information to available studies. Descriptive statistics and mismatch indexes are used to outline the economic and labour market structure, while the econometric models built on panel data capture the impact of factors such as GVA growth, specialization and labour market mismatches on the unemployment rate at six economic sectors level. Our paper makes three contributions to the literature. First, we have demonstrated that agriculture is the sector of activity less sensitive to output fluctuations in terms of unemployment and can become a buffer for the jobless in times of recessions. Second, we have proved that industry, as a whole, is highly responsive to economic developments and bad specialization could worsen unemployment situation in this sector. Third, we showed that educational mismatches have a significant impact on unemployment in those sectors of activity that employ low educated workforce.
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Ferrarini, Tommy, Kenneth Nelson, and Ola Sjöberg. "Unemployment insurance and deteriorating self-rated health in 23 European countries." Journal of Epidemiology and Community Health 68, no. 7 (March 10, 2014): 657–62. http://dx.doi.org/10.1136/jech-2013-203721.
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Çiftçioğlu, Serhan, and Murad A. Bein. "The Relationship between Financial Development and Unemployment in Selected Countries of the European Union." European Review 25, no. 2 (February 20, 2017): 307–19. http://dx.doi.org/10.1017/s1062798716000600.
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This article empirically examines the relationship between alternative measures of financial development and the unemployment rate in a selected group of ten EU countries. Using annual data for the sample period of 1991–2012, we first perform different panel regressions (using averaged and non-averaged versions of data) for unemployment rate. These panel regressions are based on a regression equation that includes inflation rate and growth rate of GDP, in addition to the level of financial development, as explanatory variables. Secondly, we apply Granger causality tests to investigate the nature of the causality between financial development and the unemployment rate for each country in our sample. The empirical findings suggest that unemployment rate and financial development are negatively correlated, and there is a statistically significant causal effect of financial development on unemployment in certain countries. However, the results are not robust to the choice of proxy measure for financial development.
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Tabin, Jean-Pierre, and Raluca Enescu. "The Normative Impact of Unemployment Insurance." Journal of Comparative Social Work 7, no. 2 (October 1, 2012): 113–25. http://dx.doi.org/10.31265/jcsw.v7i2.85.
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The debate on classification instruments for social security regimes opened by Esping-Andersen (1990) usually neglects the examination of the normative impact of the welfare state. This article focus on this latter through an analysis of systems of protection against unemployment in 11 of the European countries included in the database known as the Mutual Information System on Social Protection (MISSOC).We show in this article that unemployment insurance only recognize legal, authorized and declared salaried employees who have resided in the country for a set period of time, which confirms the close link between social policy and nationality, with some foreign workers being excluded from the circle of beneficiaries because of these norms. Unemployment insurance also always considers jobs as rare social goods - workers are expected to hold on to them, but they are declined differently along a person’s life course. The dominance of the male employment norm and the complete lack of consideration given to domestic labour by unemployment insurance contribute to structuring gendered roles as separate and hierarchically organized. Disparities between countries, whether related to contextual differences or to the history of the local welfare state, do not weaken these arguments since they are not founded upon fundamentally different conceptions of unemployment.
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Palát, Milan. "International migration and unemployment in established member countries of the European Union." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 61, no. 7 (2013): 2603–10. http://dx.doi.org/10.11118/actaun201361072603.
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The objective of the paper is to evaluate relationships of the rate of migration and the unemployment rate in established member countries of the European Union covering also the period of the last financial and economic crisis and using statistical methods. To determine parameters of a regression function were used methods of regression and correlation analysis including testing the statistical significance. Nearly all countries (except Luxemburg and Austria) show a negative linear relationship between tested indicators however not always statistically significant. Based on these results, the existence of correlation is evident between the crude rate of net migration and the unemployment rate in more than a half of the monitored countries. Calculated correlation indices show highly statistically significant results for typically immigrant’s destination countries, e.g. Germany, United Kingdom, Luxembourg, and Belgium but we can find statistically significant results also in countries which are facing enormous economic problems during the last financial and economic crisis, esp. in Ireland, Spain and Italy. With an exemption of Belgium, the selected type of regression function doesn’t play a role as it regards the statistical significance of correlation indices and the use of polynomials of higher degrees doesn’t improve those results significantly. The analysis of the crude rate of net migration and the unemployment rate presented in this paper can be further used and developed when other variables would be added to the model.
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Jelena, Mladenovic, Ilic Ivana, and Kostic Zorana. "Modeling The Unemployment Rate At The Eu Level By Using Box-Jenkins Methodology." KnE Social Sciences 1, no. 2 (March 19, 2017): 1. http://dx.doi.org/10.18502/kss.v1i2.643.
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<p>Unemployment, as a measure of market conditions, appears as a crucial economic problem and a phenomenon with considerable negative social consequences, and, as such, requires attention and adequate approach to finding solutions. Enormous unemployment rates are a reality not only in developing and transition countries, but also in some developed countries. Inadequately conducted privatization, unsuccessful transfer of workers from the public to the private sector, inefficiency in attracting foreign direct investment, and the world economic crisis of 2008 have made unemployment a universal disease of modern society. The paper presents economic models in which the unemployment rate is the central analyzed phenomenon. In this context, an important task of European economic policy-makers is to project future unemployment rates. <em>Box-Jenkins</em> methodology, i.e. the seasonal ARIMA model, is one approach to the modeling of time series, or, more specifically, for forecasting future values. The subject of this paper is the analysis of the evolution of the unemployment problem on the basis of the values in the period from 2000 to 2015, based on the case of 28 countries of the European Union. Building on the research subject, the purpose of the paper is to create the statistical model for forecasting the values of the monthly unemployment rates in the European Union for the future and establishing its trend.</p>
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Lydeka, Zigmas, and Akvile Karaliute. "Assessment of the Effect of Technological Innovations on Unemployment in the European Union Countries." Engineering Economics 32, no. 2 (April 29, 2021): 130–39. http://dx.doi.org/10.5755/j01.ee.32.2.24400.
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Innovation and unemployment are two economic elements related to each other that have been constantly analyzed in the economic debates from the beginning of the 21st century. A classical question is whether innovation creates or destroys jobs. The conventional approach contemplates innovation as a transformation instrument of an economy, resulting in economic growth and jobs creation. Another approach points out to various mechanisms which can compensate the primary effect of innovations and cause an ultimate effect of innovations on labour demand to be unclear. In view of the fact that there are many different explanations about the impact of innovations on labour demand, this paper, after the analysis of theoretical and empirical scientific literature in this field, provides an empirical analysis with unemployment as the dependent variable. The authors use data from 28 European Union countries for the period of 1992–2016 and pursue to research how technological innovations affect unemployment rate. There are two core independent variables – expenditure on R&D (research and development) and number of patent applications – as the main proxies for technological innovations. Control variables that affect unemployment are included to the model as well. The model was estimated using a dynamic two-step System Generalized Method of Moments (GMM-SYS) of a panel data system. After the composition of 12 different estimations of the model, the results suggest that, in some cases, technological innovations affect unemployment.
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Siljak, Dzenita, and Sándor Gyula Nagy. "Do Transition Countries Converge towards the European Union?" Baltic Journal of European Studies 9, no. 1 (June 1, 2019): 115–39. http://dx.doi.org/10.1515/bjes-2019-0007.
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AbstractThe aim of this paper is to analyze if the Western Balkan and Eastern Partnership countries converge towards the twenty-eight members of the European Union. The relationships between the selected macroeconomic variables and per capita GDP growth rate are econometrically tested to support this research. The analyzed period is 2004–2017, with two sub-periods: 2004–2008 and 2009–2013. The subdivision is made to test whether the recent financial crisis affected the absolute and conditional convergence process in the analyzed group of countries. The empirical findings support the economic convergence hypothesis. The results show that the recent financial crisis negatively affected the absolute and conditional convergence process, when economic variables are included in the analysis. The negative effects of the crisis on conditional convergence with economic and socio-political variables are not identified. The poorer countries in the analyzed group should do more to attract investment and open their economies, as gross fixed capital formation and economic openness have a positive impact on per capita growth, and keep low inflation or stabilize it, while general government debt and unemployment should be decreased in the examined sample of countries.
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Zieliński, Mariusz. "Economic crisis and situation on the labor market in countries of European Union in the years 2007-2011." Oeconomia Copernicana 3, no. 2 (June 30, 2012): 57–68. http://dx.doi.org/10.12775/oec.2012.009.
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The article analyses influence of prosperity conditions on the labor market. The principal aim of the article is to determine the main trends on the labor market in Poland and other chosen countries in European Union. The research problem has been formulated as follows: economic crisis have an major influence on changes in level and structure of employment and unemployment. The theoretical part of the article presents characteristics changes on the labor market from the macro-economical point of view and personal strategies of companies, at the time of economic crisis. The practical part of the article is based on method of statistical analysis. Statistical analysis embraces changes in: level and structure of employment (especially level of part time employed, temporary employed, self-employed) and level and structure of unemployment (especially level of long-term unemployment and unemployment of the young). Statistical data show that economic crisis in European Union caused: fall in level of employment, increase in level of unemployment, major changes in structure of employment and very small changes in structure of unemployment.
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Palát, Milan. "Analysis of labour market in the Czech Republic with respect to unemployment considering other countries of EU." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 57, no. 6 (2009): 189–200. http://dx.doi.org/10.11118/actaun200957060189.
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The paper deals with the analysis of labour market in the Czech Republic with respect to unemployment considering other countries of EU and existing economic development. Evaluation has been carried out of the specific development of labour market, employment and unemployment in the Czech Republic in the period 1993–2008, incl. possible causes and trends of the development and international comparison of selected characteristics of labour market using adequate quantitative methods. Analysis of the Czech labour market during the period of its existence includes the evaluation of supply and demand in the labour market. The most important causes were monitored of changes in the supply in the labour market affected by the demographic development and social environment and substantial causes of changes in the demand in the labour market, which were affected by the performance of the given economics, by the growth of labour productivity and the number of available jobs. This is followed by assessing the development of unemployment in the Czech Republic and European Union. Substantial aspects were identified of the development of labour market and unemployment in the Czech Republic and EU as a whole and trends of the future development were indicated in the studied area. The international comparison of selected characteristics of labour market in the member countries of EU carried out by means of quantitative methods allowed to assess high differences among unemployment rates in this community and created another information source regarding the position of the Czech Republic in the European Union during the selected reference period. Significant differences in unemployment between all member countries point out to marked structural or institutional differences in labour markets in particular countries. Only a negligible percentage out of the total economically active population in the European Union migrates over the border of its member countries. This situation only augments a durable long-term unemployment growth in particular countries. Beside the insufficient labour force movement throughout Europe a next important problem in structural unemployment presents e.g., the incongruity in qualifications between supply and demand on the labour market. The current financial and economic crisis has cut at all previous positive unemployment development during a few months.
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MALAKHOVA, Tat'yana S. "Assessing the socio-economic situation in European Union member states in the implementation of new strategies and forms of interaction." National Interests: Priorities and Security 18, no. 3 (March 15, 2022): 566–85. http://dx.doi.org/10.24891/ni.18.3.566.
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Subject. The article addresses problems related to development of strategies, programs, and forms of interaction between the countries of the European Union. Objectives. The purpose is to analyze socio-economic condition of European Union member States and explore individual strategies, programs, and approaches, aimed at reducing the inequality in the integration group. Methods. The study employs tools of statistical analysis, the historical and logical method, and the method of scientific abstraction. Results. I analyzed indices of the physical volume of GDP per capita, consumer price indices for food products, the level of employment and unemployment. The paper pays particular attention to assessing the level of youth unemployment in the European Union. It investigates the main principles and specific features of the European Pillar of Social Rights. Conclusions. The identified trends can be taken into account in the implementation of new development strategies and programs of the European Union.
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BLANCO, Miguel, Mar MUÑOZ, and Julia RANCHAL. "Have the European Funds been able to reduce the differences in the level of unemployment between the countries of the Euro area? A reflection on the past, present and future of European programs." Espacios 41, no. 50 (December 30, 2020): 270–86. http://dx.doi.org/10.48082/espacios-a20v41n50p19.
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One of the fundamental objectives of the Maastricht Treaty is the sustainable development of the European Union (EU) countries. Since its entry into force, large investments have been approved to finance convergence programs. The aim of this article is to determine if the investments made to date have managed to reduce the differences in unemployment rates among the EU countries. The Theil index has been calculated on the unemployment figures of the countries of the Eurozone during the period 2008-2019.
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Tsyganov, Alexander A., and Sergey V. Maslennikov. "INSURANCE REGULATION PECULIARITIES IN THE BANK INSURANCE PRACTICE IN THE EUROPEAN UNION." Banking law 6 (December 10, 2020): 44–57. http://dx.doi.org/10.18572/1812-3945-2020-6-44-57.
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In the Russian Federation, bancassurance has already become a relatively common type of interactions between banks and their customers in selling insurance, with banks being the main channels for distributing insurance services in exchange for commission. Borrowers are known to be the weaker side of a contract, which leads to banks impose insurance services and commission, which the banks may capitalize on. This indicates a significant issue for the local antitrust and banking regulations. The article describes the expertise in managing these activities in the member countries of the European Union and provides recommendations for a possible legal regulation of insurance and banking activities in Russia.
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Palát, Milan. "Recent migration developments in the European perspective." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 60, no. 2 (2012): 245–54. http://dx.doi.org/10.11118/actaun201260020245.
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The aim of the paper is to evaluate the development of international migration in relationship to the recent economic situation in member countries of the European Union using quantitative methods including cluster analysis. The number of immigration in Europe has declined since the start of the global recession. The main reason was the decrease of demand in many sectors of the national economy, for instance the demand for retail and construction workers. Despite the drop in new immigration, labour markets of the EU countries were hit very severely. Unemployment rates in the most of European countries increased much more in the category of migrants than among natives. Despite the general decline in immigration in Europe during the economic crisis, the number of immigrants employed in educational sector and health care has increased. Also the number of female immigrants has been growing. The cluster analysis uses a multidimensional variable that includes GDP, unemployment, inflation rate and also net migration. We can distinguish two main clusters in 2010. The majority of highly developed West European countries are a part of the first cluster; the second cluster includes the group of post-communist countries. The latter countries form two sub-groups. A relatively independent sub-cluster is formed by some of the EU15 countries that were hit by the financial crisis the most. In general, the main two clusters illustrate that the economic division of established and new member countries of the European Union is still present.
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Kuhn, Theresa, and Aaron Kamm. "The national boundaries of solidarity: a survey experiment on solidarity with unemployed people in the European Union." European Political Science Review 11, no. 2 (May 2019): 179–95. http://dx.doi.org/10.1017/s1755773919000067.
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AbstractAmidst the European sovereign debt crisis and soaring unemployment levels across the European Union, ambitions for European unemployment policies are high on the political agenda. However, it remains unclear what European taxpayers think about these plans and who is most supportive of European unemployment policies. To contribute to this debate, we conducted a survey experiment concerning solidarity towards European and domestic unemployed individuals in the Netherlands and Spain. Our results suggest that (1) Europeans are less inclined to show solidarity towards unemployed Europeans than towards unemployed co-nationals, (2) individuals with higher education, European attachment, and pro-immigration attitudes show more solidarity towards unemployed people from other European countries, but (3) even they discriminate against foreigners, and (4) finally, economic left-right orientations do not structure solidarity with unemployed people from abroad.
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Krilytė, Karolina, and Kristina Matuzevičiūtė-Balčiūnienė. "RESEARCH OF THE IMPACT OF BUSINESS CYCLES ON THE UNEMPLOYMENT IN THE COUNTRIES OF THE EUROPEAN UNION." Mokslas - Lietuvos ateitis 14 (March 17, 2022): 1–7. http://dx.doi.org/10.3846/mla.2022.15812.
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This paper examines the impact of business cycles on unemployment rates in EU countries. The relationship between changes in gross domestic product and changes in the unemployment rate is referred to in the academic literature as Okun’s law. This law is of particular importance and the relationship has been extensively investigated in the scientific literature, but there are not many studies that analyse the European Union countries. This paper examines the relationship between the unemployment rate and real GDP in the EU-27. The data used for the study cover the period 2007–2019. The results of a correlation regression analysis provide evidence of the inverse relationship between the unemployment rate and real GDP as established by theory. The results also show that the relationship between business cycles and unemployment varies from country to country: in Lithuania and the UK, there is a very strong inverse relationship between the unemployment rate and real GDP. In Lithuania, the coefficient was –0.9377, and a similar coefficient was found in the United Kingdom (–0.9337).
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Cristea, Mirela, Graţiela Georgiana Noja, Doina Drăgoi, and Leontina Codruţa Andriţoiu. "INSURANCE DEVELOPMENT AND LIFE QUALITY IN THE EUROPEAN UNION COUNTRIES. AN EMPIRICAL ASSESSMENT." Facta Universitatis, Series: Economics and Organization, no. 1 (December 24, 2021): 313. http://dx.doi.org/10.22190/fueo210616022c.
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The connection between insurance and economic development has been intensively addressed in the literature, but a comprehensive analysis including the dimensions of human capital/quality of life has been less considered. The general objective of this research is to assess the degree of development of the insurance sector in the interplay with the representative dimensions of quality of life, at the level of the European Union (EU) Member States (MS), and to propose strategies for narrowing the gap between countries. The data encloses representative indicators that reveal the size of the insurance market, on the one hand, and the dimensions of quality of life, on the other hand, at the level of 2019. The research methodology consists of cluster analysis with the Ward method. The main results reveal that, at the level of all EU-27 Member States, the size of the insurance market is interconnected with the quality of life, with significant differences between them, developing countries having modest results compared to developed countries. Thereby, specific strategies and policies for these groups of countries are paramount, in order to enhance the wellbeing by insurance services and coverage.
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Gerschman, Silvia. "Public and Private Health Insurance in Brazil and European Union Countries." American Journal of Public Health Research 1, no. 4 (May 13, 2013): 78–85. http://dx.doi.org/10.12691/ajphr-1-4-1.
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Nagy, Sándor Gyula, and Dženita Šiljak. "Is the European Union still a convergence machine?" Acta Oeconomica 72, no. 1 (March 25, 2022): 47–63. http://dx.doi.org/10.1556/032.2022.00003.
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Abstract We investigate whether the European Union can be considered as a convergence machine after the 2008/2009 financial crisis. To do so, we econometrically test the relationship between the per capita GDP growth rate and macroeconomic variables in the period of 2004–2018, further subdivided into three periods: 2004–2008, 2009–2013 and 2014–2018. We hypothesize that the 2008/2009 financial crisis had a negative effect on the σ and β-convergence process. Our results support the convergence hypothesis, namely that the poor countries tend to grow faster than the rich countries. The convergence rates ranged between 1.71% and 4.51%. The negative effects of the crisis on convergence have been identified only for the absolute convergence. Our findings demonstrate that economic openness, inflation and government integrity have a positive impact on growth. The effects of unemployment have not been identified.
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Bazoti, Pery. "The missing European Deposit Insurance Scheme." Region & Periphery, no. 9 (July 29, 2020): 151. http://dx.doi.org/10.12681/rp.23789.
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The European Banking Union embarked as a highly ambitious project of the European Union as a response to the signifi cant fl aws and weaknesses in the original architecture of the European Monetary Union that became apparent during the economic crisis. However, the establishment of a single European banking system has stumbled upon the creation of a common deposit insurance scheme that could safeguard depositors and create a more stable fi nancial framework in the euro area. The European Deposit Insurance Scheme (EDIS) was fi rstly introduced by the European Commission in 2015. As a bold proposal that comprises wide risk mutualization among the euro area member states, it has spurred a vivid discussion in the European public speech and many proposals have been made since then altering its original planning in an effort to tackle the moral hazard concerns that have risen. The present article, after discussing the reasons that keep obstructing EDIS, presents these suggestions that move around, primarily, the role of the national deposit guarantee schemes. However, as highlighted in the article, before moving to any alterations on the structure and role of a proposed common deposit insurance scheme, signifi cant risk minimization on behalf of the national banking systems, must precede by limiting the sovereign exposures of banks and the size of the Non-Performing Loans. Such steps of risk minimization are critical for addressing concerns and the political unwillingness demonstrated by several European countries in moving forward towards deeper integration.
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Ebbinghaus, Bernhard, Claudia Göbel, and Sebastian Koos. "Social capital, ‘Ghent’ and workplace contexts matter: Comparing union membership in Europe." European Journal of Industrial Relations 17, no. 2 (June 2011): 107–24. http://dx.doi.org/10.1177/0959680111400894.
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Union density still varies considerably across Europe. This cross-national diversity has inspired multiple explanations ranging from institutional to workplace or socio-demographic factors. In this comparative multilevel analysis, we combine personal, workplace and macro-institutional explanations of union membership using the European Social Survey. By controlling for individual factors, we test the cross-national effect of meso- and macro-level variables, in particular workplace representation, establishment size, Ghent unemployment insurance and a society’s social capital. We conclude that all these institutional and social contextual factors matter in explaining differences in union membership.
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Qineti, A., E. Matejková, M. Pietriková, R. Serenčeš, M. Tóth, and M. Dvořak. "Looking for the evidence of socio-economic convergence within the European Union." Agricultural Economics (Zemědělská ekonomika) 57, No. 8 (August 23, 2011): 384–93. http://dx.doi.org/10.17221/93/2011-agricecon.
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The purpose of this paper is to analyze the evidence and impact of the EU integration between 1999 and 2009 on the EU regional economic growth and the socio-economic convergence. A regional convergence analysis is performed in order to examine if the EU overall aim of convergence is reached. The main growth- and convergence theories are used as the theoretical framework and form the study's hypothesis. The results show that an absolute β-convergence exists between the EU member states as well as regions. However, the σ-convergence is not confirmed, meaning that that the disparities between the regions are rather increasing than decreasing. Perhaps a possible reason why the σ-convergence does not occur at the EU level is that it is easier for smaller regions which are more similar to each other to converge than for larger regions which tend to be more dissimilar to each other. This reasoning is in line with the convergence theories which state that smaller regions within a country are more likely to converge towards each other in the absolute sense than countries. On the other hand, the EU countries and regions tend to convergence in the tasks like unemployment rate, showing that they are not successful in resolving this difficult task. One of the main reasons of the high unemployment in all EU member states is their structural problem in the respective economies, consequently reflected in the long-term unemployment. The EU countries tend to convergence in terms of inequality as well, showing that they are egalitarian in character.
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Mélitz, Jacques, and Silvia Vori. "National Insurance against Unevenly Distributed Shocks in a European Monetary Union." Recherches économiques de Louvain 59, no. 1-2 (1993): 81–104. http://dx.doi.org/10.1017/s0770451800044262.
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SummaryWe examine proposals to introduce national insurance against unevenly distributed shocks in the European Community. This insurance would operate differently from tax and government spending activities that now yield regional insurance within countries, since these activities are mainly designed for other purpose such as income redistribution and general revenue-raising. According to our evidence, the appeal of such insurance is very limited because the risks are too highly correlated and there is an excessive chance that a country in difficulty would not receive aid. The costs of a continuing programme are likely to exceed the benefits.
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Kawalec, Stefan, and Ernest Pytlarczyk. "Controlled Dismantlement of the Eurozone: A Strategy to Save the European Union and the Single European Market." German Economic Review 14, no. 1 (February 1, 2013): 31–49. http://dx.doi.org/10.1111/geer.12003.
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Abstract The problems with a single currency in Europe are neither temporary nor curable. Any persistent defence of the euro will result in a long-lasting recession and high unemployment in countries using fiscal austerity to pursue ‘internal devaluation’. It may lead to a revival of populist and nationalist movements, political collapse and disorderly eurozone break-up. This article argues for a controlled segmentation of the eurozone via the exit of the most competitive countries and an agreement on a new European currency coordination system.
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Voxted, Søren, and Jens Lind. "Too Few Indians and Too Many Chiefs. Is This One Reason for Declining Trade Union Membership in Denmark?" Nordic Journal of Working Life Studies 2, no. 2 (June 1, 2012): 35. http://dx.doi.org/10.19154/njwls.v2i2.2356.
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The decline in trade union membership in many countries since the 1970s and the consequent weakening of the trade unions is due to a number of reasons, including occupational changes, welfare state and social regulation, liberalism and individualization, and in Denmark (and Sweden and Finland) changes in unemployment insurance legislation and the institutional settings of the unemployment insurance system. All these factors are well known and have been analyzed in the literature. This article sums up all these facts and reasons for trade union decline in Denmark, but the main analysis focuses on a supplementary reason for membership decline among LO (the Danish Confederation of Trade Unions)-affiliated unions: many trade union members leave their unions to become members of unions that organize managers. When workers become managers, some prefer to join an organization expert in servicing managerial staff, while others leave their trade unions because they define themselves as managers without being formally appointed as such and without having formal managerial responsibilities. Reasons for this behavior will be discussed in the article.
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Kučas, Andrius, Boyan Kavalov, and Carlo Lavalle. "Living Cost Gap in the European Union Member States." Sustainability 12, no. 21 (October 28, 2020): 8955. http://dx.doi.org/10.3390/su12218955.
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The living cost gap refers to the differential amongst income, expenditures, and poverty lines. It is important since it addresses a number of aspects that point towards historic and continued living standards. The purpose of this study is to identify, measure, and compare the living cost gap in the Europe Union member states. Twenty-nine indicators/criteria from Eurostat and World Bank, covering the period 2008–2017, are employed. In order to rank and compare living cost gap by countries, objective functions for each criterion are defined and applied. The importance of each criterion is assessed independently. The composite living cost gap indicator for each MS is calculated using multiple criteria decision support methods. The relationship between the compound annual growth rates of this indicator and each single criterion is estimated and evaluated. The findings of the study suggest that living cost gap is higher where unemployment rates and households’ expenditure on basic needs (housing, food etc.), are larger, while living cost gap is lower where households’ income and expenditure on optional needs are higher. The living cost gap in the majority of countries tends to narrow/decrease, along with the increase in the household income and expenditures. Our research highlights the need to mitigate unemployment and households’ low net income in order to alleviate living cost gap. The analysis and assessment of living cost gap might help identifying the most vulnerable social profiles and groups, and hence might contribute to the adequate formulation and implementation of targeted policy responses and interventions at European Union, national, and regional level.