Can the EU funds promote regional resilience at time of Covid-19? Insights from the Great Recession

2020 ◽  
Author(s):  
Roberta Arbolino ◽  
Paolo Di Caro
Keyword(s):  
Great Recession ◽  
Regional Resilience ◽  
The Great Recession ◽  
The Eu

scholarly journals Unemployment and spell duration during the Great Recession in the EU

2015 ◽  
Vol 36 (2) ◽  
pp. 216-235 ◽  
Author(s):  
Carlos Gradín ◽  
Olga Cantó ◽  
Coral del Río
Keyword(s):  
Great Recession ◽  
Negative Impact ◽  
Labour Force ◽  
Future Research ◽  
Cross Sectional ◽  
Content Type ◽  
The Great Recession ◽  
Unemployment Spells ◽  
Practical Implications ◽  
The Eu

Purpose – The purpose of this paper is to analyze the different dynamic characteristics of unemployment in a selected group of European Union countries during the current Great Recession, which had unequal consequences on employment depending on the country considered. Design/methodology/approach – The paper follows Shorrocks’s proposal of a duration-sensitive measure of unemployment, and uses cross-sectional data reported by Eurostat coming from European Labour Force Surveys. Findings – The results add some evidence on the relevance of incorporating spells’ duration in measuring unemployment, finding remarkable differences in unemployment patterns in time among European countries. Research limitations/implications – In this paper unemployment is analyzed for all the labor force. Future research should investigate patterns across specific groups such as young people, women, immigrants or the low skilled. Practical implications – It is generally accepted that the negative impact of unemployment on individual welfare can be very different depending on its duration. However, conventional statistics on unemployment do not adequately capture to what extent the recession is not only increasing the incidence of unemployment but also its severity in terms of duration in time of ongoing unemployment spells. The paper shows an easy and practical way to do it in order to improve the understanding of the unemployment phenomenon, using information usually reported by statistical offices. Originality/value – First, the paper provides a tool for dynamic analysis of unemployment based on reported cross-sectional data. Second, the paper demonstrates the empirical relevance of considering spells’ duration when assessing differences in unemployment across countries or in unemployment trends. This is usually neglected or only partially addressed by most conventional measures of unemployment.

scholarly journals The US Unemployment Insurance Scheme: A Model for the EU?

2019 ◽  
Vol 54 (5) ◽  
pp. 314-318 ◽  
Author(s):  
Christiaan Luigjes ◽  
Georg Fischer ◽  
Frank Vandenbroucke
Keyword(s):  
Unemployment Insurance ◽  
Great Recession ◽  
The United States ◽  
Federal State ◽  
Insurance Scheme ◽  
The Great Recession ◽  
American Model ◽  
The Us ◽  
Minimum Requirements ◽  
The Eu

Abstract The system of unemployment insurance (UI) used in the United States has often been cited as a model for Europe. The American model illustrates that it is possible to create and maintain a UI system based on federal-state co-financing that intensifies during economic crises and thus reinforces protection and stabilisation. Central requirements and conditional funding can improve the aggregate protection and stabilisation capacity of the system. However, the architecture of the US system financially incentivises states to organise retrenchment of their own efforts for UI, which in turn leads to a divergence of benefit generosity and coverage levels. During the Great Recession, the federal government mitigated these incentives for retrenchment through minimum requirements attached to federal financial intervention. With regards to the European unemployment re-insurance system debate, the US experience implies both positive and encourageing conclusions and cautionary lessons.

scholarly journals Workers’ EU political alignments during the Great Recession

2017 ◽  
Vol 23 (4) ◽  
pp. 387-408 ◽  
Author(s):  
André Freire ◽  
Luís Cabrita ◽  
Mariana Carmo Duarte ◽  
Hugo Ferrinho Lopes
Keyword(s):  
Great Recession ◽  
The Other ◽  
Election Study ◽  
The Great Recession ◽  
Research Questions ◽  
Political Alignments ◽  
European Election ◽  
Using Data ◽  
The One ◽  
The Eu

Using data from the European Election Study 2014, this article focuses on workers’ EU political alignments during the Great Recession. It deals with two research questions. First, how does the attitude of (manual) workers towards the EU compare to that of the middle and upper classes in the aftermath of the Great Recession? Second, when it comes to workers’ support for the EU, are there systematic differences between countries affected by the crisis? The article finds that, on the one hand, in terms of patterns of workers’ EU political alignments, there are no systematic differences between countries affected to varying degrees by the Great Recession. On the other hand, workers still feel fundamentally detached from the EU, especially when it comes to the manual workers. However, high levels of generalised detachment from the EU are not clearly translated into preferences for Eurosceptic parties, since there are high levels of vote fragmentation.

scholarly journals The Role of Migration as Adjustment Mechanism in the Crisis and EMU

2018 ◽  
Vol 66 (6) ◽  
pp. 1497-1508 ◽  
Author(s):  
Peter Huber
Keyword(s):  
Great Recession ◽  
Labour Markets ◽  
Economic Conditions ◽  
Foreign Born ◽  
Demographic Groups ◽  
The Great Recession ◽  
Adjustment Mechanism ◽  
Substantial Heterogeneity ◽  
The Eu

Using ELFS data from 2004 to 2014 we analyse labour migration as an adjustment mechanism to asymmetric regional labour demand shocks shortly before, during and after the Great Recession in the EU. The results suggest that in this period migration was rather responsive to regional economic conditions, but also point to a substantial heterogeneity across demographic groups, periods and country groups. The mobility of high‑skilled persons and foreign born contributed much more strongly to the adjustment of labour markets than the migration of less‑skilled and natives. Furthermore, among the large integration steps from 2004 to 2014 (i.e., the accession of 12 countries to the EU and the successive liberalisation of immigration from the countries joining the EU after 2004 and Euro accession) mainly the EU‑enlargements worked to improve the adjustment capability of European labour markets through migration.

scholarly journals Regional Resilience in Ireland and the Existence of a Two-Tier Recovery

2018 ◽  
Vol 37 (4) ◽  
pp. 99-110 ◽  
Author(s):  
Barraí Hennebry
Keyword(s):  
Great Recession ◽  
Urban Areas ◽  
Regional Disparities ◽  
Descriptive Statistics ◽  
Gdp Per Capita ◽  
Economic Resilience ◽  
Regional Resilience ◽  
The Great Recession ◽  
Urban Rural ◽  
Per Capita

Abstract This paper focuses on the increasing regional disparities in Ireland, especially since the great recession and assesses the degree to which the recovery has been concentrated in urban areas. Ireland was initially affected by the recession to a greater extent than other countries but has recovered strongly. However, this recovery has not been evenly distributed, with some regions showing greater economic resilience. Using descriptive statistics of GDP per capita (PPP), GVA and employment, this paper examines the extent to which the recovery has been a two-tier recovery. The paper finds evidence to suggest that the recovery has been heavily concentrated in Dublin, and to a lesser extent in Cork and Galway, resulting in an urban-rural divide.

scholarly journals Accumulation or absorption? Changing disparities of household non-employment in Europe during the Great Recession

2020 ◽  
Author(s):  
Thomas Biegert ◽  
Bernhard Ebbinghaus
Keyword(s):  
Great Recession ◽  
Job Loss ◽  
Unequal Distribution ◽  
The Great Recession ◽  
Annual Variations ◽  
Household Dynamics ◽  
Welfare Systems ◽  
The Impact ◽  
Vari Ations ◽  
The Eu

This comparative study analyses the impact of the Great Recession on household non-employment across Europe since 2008. We use the EU-SILC (2007 to 2014) for a shift-share analysis that de-composes annual variations in household non-employment in 30 European countries. Investigating whether job-loss is absorbed or accumulated by households, we break down non-employment vari-ations to changes in individual non-employment, household compositions, and polarization. We find that jobless households increased since 2008, especially in crisis countries. There is no evi-dence for widespread absorption of individual non-employment in families or multi-person house-holds. Instead, household dynamics and unequal distribution of non-employment leads to further risk accumulation within households during the crisis. Paradoxically, this pattern occurs in those crisis countries known for their traditional household structures and less accommodating welfare systems which have relied thus far on families to absorb employment risks. The impact of the crisis has aggravated household disparities in joblessness.

Received Wisdom and Beyond: Lessons from Fiscal Consolidation in the EU

2011 ◽  
Vol 217 ◽  
pp. R1-R18 ◽  
Author(s):  
Martin Larch ◽  
Alessandro Turrini
Keyword(s):  
Great Recession ◽  
Structural Reforms ◽  
Fiscal Consolidation ◽  
Public Finances ◽  
Eu Countries ◽  
The Great Recession ◽  
Shed Light ◽  
Over Time ◽  
The Eu

Restoring sustainable public finances in the aftermath of the Great Recession is a key challenge in most EU countries. In order to learn from history, our paper examines consolidation episodes in the EU since 1970. We shed light on the factors that favour the start of a consolidation episode and determine its success. Compared to the existing literature, we add a number of new dimensions in the analysis. First, we explore a broader set of potential ingredients of the ‘recipe for success‘, including the quality and strength of fiscal governance and the implementation of structural reforms. Secondly, we check whether the ‘recipe for success’ changed over time. Our analysis broadly confirms received wisdom concerning the conditions triggering a consolidation episode and the role of the composition of adjustment for success, with some qualifications related to the role played by government wages. In addition it provides evidence that well-designed fiscal governance as well as structural reforms improve the odds of both starting a consolidation episode and achieving a lasting fiscal correction. We also show that, over time, successful and unsuccessful consolidation episodes have become more similar in terms of adjustment composition.

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