In the aftermath of the crisis, this workshop will focus on employment creation as a means of remedying the strong rises in unemployment seen in some economies. The workshop will pay particular attention to the factors behind, and pre-requisites for, the creation of high quality and high...

Topics: - Household consumption, saving, and portfolio choice - Housing, mortgage markets, and financial markets - Household finance, credit constraints and monetary policy - Household indebtedness and financial distress - Household finances and the financial and economic crisis - Financing...

Topics: - Benchmarking euro area/EU growth and productivity growth with other advanced economies. How much could be gained from catching up with best practice? - Which factors explain the TFP wedge with the US? What is the role of human capital, workforce organisation and management practices? -...

Credit market dynamics have increasingly influenced macroeconomic developments in recent years. Notably, since the start of the recent Great Recession, credit markets have been a major source of macroeconomic disturbances as well as being important in the transmission of shocks originating...

Topics: - the functioning of the transmission mechanism and optimal design of the monetary policy implementation framework in the new market environment; - the impact of market fragmentation on monetary policy implementation, including empirical studies on segmentation in the money markets of...