Recent book publication: Productivity Puzzles Across Europe

Abstract

"The economic shock of the financial crisis rivalled that of the Great Depression following the Wall Street Crash of 1929 in terms of the decline in economic output across the world. However, the duration of the crisis seems to be much shorter, because governments reacted quite strongly to the crisis because of the existence of institutions such as the short-time work allowance scheme in Germany. Thus, the observed heterogeneity of the major European economics in terms of the impact of the 2008/2009 financial crisis provided the starting point of the study conducted by an international research team supported by the Centre for Economic Research and its Applications (CEPREMAP), Paris which was recently published in the Studies of Policy Reform series of Oxford University Press titled 'Productivity Puzzles across Europe'." (Autorenreferat, IAB-Doku)

Cite article

(2017): Recent book publication: Productivity Puzzles Across Europe. In: IAB-Forum No. 24.08.2017, o. Sz.