The Euro Area Business Cycle

The Euro Area Business Cycle
Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
Total Pages: 103
Release: 2004
Genre: Business cycles
ISBN: 1898128839

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Business Tendency Surveys A Handbook

Business Tendency Surveys A Handbook
Author: OECD
Publisher: OECD Publishing
Total Pages: 130
Release: 2003-03-20
Genre:
ISBN: 9264177442

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This handbook is a practical manual on the design and implementation of business tendency surveys, which ask company managers about the current situation of their business and about their plans and expectations for the future.

Location of Economic Activity in the Eu

Location of Economic Activity in the Eu
Author: Leif Lundblad's Chair in International Business and Entrepreneurship Pontus Braunerhjelm
Publisher:
Total Pages: 0
Release: 2000-05
Genre: Business & Economics
ISBN: 9781898128465

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Annotation. "Further European integration will increase the incentives for regional specialization of economic activity. People and firms will increasingly cluster together with those that share their particular know-how and skills. These may be firms within the same industry, as conventionally defined, or simply firms that share a functional specialization whatever the industry within which they are classified. The authors argue that one of three things could happen: The Dispersion Outcome. Broad dispersion of activity and considerable regional equality: there will be specialization, but most regions will be able to specialize in something. The Concentration Outcome. Strong geographical concentration accompanied by high labour mobility, leading to depopulation of declining regions but not to great inequality of per capita income or access to jobs. The Regional Stagnation Outcome. Long-run polarization of Europe into advanced regions with high incomes and low unemployment, and depressed regions with low incomes and high unemployment." "Which of these occurs depends on the nature of the forces unleashed by economic integration, as well as on the ease with which people and firms can respond to them."--BOOK JACKET. Title Summary field provided by Blackwell North America, Inc. All Rights Reserved.

Integration and the Regions of Europe

Integration and the Regions of Europe
Author: Pontus Braunerhjelm
Publisher: Centre for Economic Policy Research
Total Pages: 142
Release: 2000
Genre: Economic Integration
ISBN: 9781898128465

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Building a Tracker of Societal Issues and Economic Activities for European Countries Leveraging Unconventional Big Data Sources

Building a Tracker of Societal Issues and Economic Activities for European Countries Leveraging Unconventional Big Data Sources
Author:
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN: 9789268004357

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This technical report shows our ongoing work aimed at monitoring societal issues and economic activities (e.g., industrial production, unemployment, loneliness, cultural participation) across EU member states by mining unconventional data sources to complement official statistics. While the latter are often released at a relatively low frequency (e.g., monthly, quarterly or yearly), unconventional data sources are available at very high frequencies, enabling policymakers to grasp sudden changes in the economy and society, and to timely design adaptive policy interventions with the potential of fostering economic growth and societal well-being. Considered unconventional data sources include the Global Dataset of Events, Language and Tone (GDELT), Google Search data, and Dow Jones Data, News and Analytics (DNA). We discuss the potential of these data sets, detailing the steps needed to properly handle, process, and extract useful information from each of them. We also describe the Business Intelligence (BI) dashboards produced to interact and visualize the signals drawn from the data, which have been also publically released within both the Joint Research Centre Data Catalogue and the European Data portal. Finally, we show an early experiment aiming at nowcasting unemployment in Germany, Spain, France, and Italy, demonstrating the added value of these unconventional data to proxy social and economic activities for the benefit of both scholars and policymakers.

Building a Better Union

Building a Better Union
Author: Angana Banerji
Publisher: International Monetary Fund
Total Pages: 41
Release: 2015-09-11
Genre: Business & Economics
ISBN: 1513537652

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The momentum for structural reforms is waning in the euro area at a time when even faster progress is needed to boost productivity and growth, achieve real economic convergence, and improve the resilience of the monetary union. What can the European Union (EU) institutions do to bridge this divide? This paper argues for greater simplicity, transparency and accountability in the EU governance framework for structural reforms. Our three interrelated proposals—“outcome-based” benchmarking; better use of existing EU processes to strengthen oversight and reduce discretion; and improved financial incentives—could help advance reforms. Ex post monitoring by an independent EU-level “structural council” and ex ante policy innovation by national productivity councils could strengthen accountability and ownership. Deeper governance reforms should be considered in the medium-term with a view toward a greater EU role in promoting convergence.

Europe and the Euro

Europe and the Euro
Author: Alberto Alesina
Publisher: University of Chicago Press
Total Pages: 477
Release: 2010-04-15
Genre: Business & Economics
ISBN: 0226012859

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It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number of important issues, including the effects of the euro on reform of goods and labor markets; its influence on business cycles and trade among members; and whether the single currency has induced convergence or divergence in the economic performance of member countries. While adoption of the euro may not have met the expectations of its most optimistic proponents, the benefits have been many, and there is reason to believe that the euro is robust enough to survive recent economic shocks. This volume is an essential reference on the first ten years of the euro and the workings of a monetary union.