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We analyse the first twenty years of the euro both from an economic and an institutional perspective. We find that in particular during the period since the financial crisis, convergence as measured by a variety of indicators has not improved. Design flaws in the Eurozone institutional architecture have contributed importantly to this lack of convergence. This is why further reforms are urgently needed. ...
In 2015, Germany introduced a statutory hourly minimum wage that was not only universally binding but also set at a relatively high level. We discuss the short‐run effects of this new minimum wage on a wide set of socioeconomic outcomes, such as employment and working hours, earnings and wage inequality, dependent and self‐employment, as well as reservation wages and satisfaction. We also discuss difficulties ...
Australian Political Scientist Bruce Headey was not only one of the first SOEP data users—he was one of the first researchers in the world to discover the value of the SOEP for research on happiness. Headey is a Principal Fellow at the Melbourne Institute of Applied Economic and Social Research in the University of Melbourne. He is a specialist in welfare and distributional issues and at the ...
Australian Political Scientist Bruce Headey was not only one of the first SOEP data users—he was one of the first researchers in the world to discover the value of the SOEP for research on happiness. Headey is a Principal Fellow at the Melbourne Institute of Applied Economic and Social Research in the University of Melbourne. He is a specialist in welfare and distributional issues and at the...
