What future for European jobs?

In a world of rapid technological progress and increasing international competition, how can European countries improve their poor employment performance? Christopher Pissarides argues that much needs to change in the lower productivity, more labour-intensive service sectors of the economy

Unemployment in the great recession

This paper studies the responses of unemployment in Germany, the United States and Britain to the Great Recession of 2008-09 by making use of Beveridge curve analysis, and in the entire OECD with other techniques. It is shown that Britain suffered from recession but no structural problems; the United States suffered from structural unemployment during the recovery; Germany exhibited a much better performance both during and after the recession. The rise in OECD unemployment is broken down into parts due to aggregate activity, the construction sector and a residual attributed to policies and institutions, which is used to reach conclusions about policy

Is new technology good or bad for jobs?.

"If men have the talent to invent new machines that put men out of work, they have the talent to put those men back to work." Chris Pissarides investigates whether President Kennedy's claim is still true.

The Future of Work in Europe

Employment in the European Union is still falling short of the objectives set by the continent's leaders more than 10 years ago. Nobel laureate Chris Pissarides explains why Europe remains behind the United States in job creation, particularly in business services and the health and education sectors.

Lisbon five years later: what future for European employment and growth?.

At the Lisbon summit of 2000 the European Union (EU) set an agenda for making Europe the most competitive economy in the world. The targets that were set then are unlikely to be achieved. European countries need to concentrate on change in the lower productivity, more labour-intensive service sectors of the economy to improve their poor employment performance.

What future for European jobs?.

In a world of rapid technological progress and increasing international competition, how can European countries improve their poor employment performance? Christopher Pissarides argues that much needs to change in the lower productivity, more labour-intensive service sectors of the economy.

Scale effects in markets with search

Reduced- form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for scale effects on the offer arrival rate and the wage offer distribution. When contrasting London with the rest of the country we find scale effects in wage offers. But the larger market delivers higher realized wages and not more matches, because the scale effects on matches are offset by the response of reservation wages

Autobiography

I was born in Nicosia, Cyprus, on 20 February 1948. My father Antonios was born in the village of Agros, in the Troodos mountains, a village in a valley surrounded by mountains on three sides and with an opening to the south overlooking in the distance the bay of Limassol. He was one of seven children, and at the age of ten he was taken out of school and sent to Nicosia to work as a shop assistant for his uncle. He lived and worked with his uncle’s family until his twenties, when he was able to open his own shop, selling materials for making clothes and other items for the home. His business flourished when we were growing up but late in his life economic development and cheap imports made his trade obsolete.Search frictions;