At a time of symmetric global slowdown, migration cannot contribute as much to absorbing economic shocks as it could if the shock were asymmetric. Early…
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Cyclical dimensions of labour mobility after EU Enlargement
31st May 2009
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The battle for talent: globalisation and the rise of executive pay
9th February 2009
This paper explores the role of globalisation in the rise of executive pay in Austria and Germany. According to Dalia Marin, firms more exposed to…
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Economic incongruities in the European patent system
13th January 2009
Bruno van Pottelsberghe argues that the consequences of the fragmentation of the European patent system are more dramatic than the mere prohibitive costs of maintaining…
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Asia-Europe: The Third Link
12th October 2008
Jean Pisani-Ferry and Jérémie Cohen Setton provide an overview of the relative weight of Europe and East Asia in the context of the world economy…
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The London Agreement and the cost of patenting in Europe
1st October 2008
Bruno van Pottelsberghe analyses the potential consequences of the recently ratified London Agreement, which reduces the patent translation requirements in 15 out of 34 EPC…
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The demographics of global corporate champions
30th June 2008
This Working Paper presents a novel dataset documenting the demographics of the world‘s 500 largest companies by market capitalisation.The data illustrate a stark contrast between…
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Public pensions and intra-EU mobility: an unfinished agenda
30th April 2008
Cross-border mobility in the EU remains low. This paper looks at how differences in pension systems distort mobility.The authors distinguish between two ways in which…
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Government size and output volatility: should we forsake automatic stabilisation?
31st March 2008
In this working paper, Xavier Debrun, Jean Pisani-Ferry and André Sapir explore the relationships between government size and output volatility. Whilst government size contributes to…
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Real Convergence, Price Level Convergence and Inflation in Europe
31st March 2007
Balázs Égert, a former Visiting Fellow of Bruegel, provides a comprehensive review of the factors that can cause price levels to diverge and which are…
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Tying hands is not commitment: can fiscal rules and institutions really enhance fiscal discipline?
31st December 2006
Visiting Bruegel Scholar, Xavier Debrun, discusses the role of fiscal institutions, including budget rules and non-partisan agencies, in enhancing fiscal discipline.
