In a new Report 'Immigration, Jobs and Wages: Theory, Evidence and Opinion', published by the Centre for Economic Policy Research (CEPR) and the Centre for Research and Analysis of Migration (CReAM), Christian Dustmann and Albrecht Glitz provide a brief historical overview of Europe's migration experience since World War II. They show that there have been large differences in the immigration experience of European countries over the last six decades. more...

CEPR's EuroCOIN reading for May 2005 points to a slowdown of economic activity for the 12 countries that make up the euro area. The cyclical component of quarterly euro area GDP growth decreased from 0.418 in April to 0.351 in May. more...

US External Adjustment Is Easier Than You Think

French ZEP education programme has no effect on results

Culture explains a large amount of the differences in fertility rates across time and countries

Tough asylum polices deter applications in Australia, New Zealand and the UK

Putin's assurances count for nothing: Russian stock market fall caused by Yukos affair

UK company directors who govern pension funds act in the interest of shareholders, not the pension fund

Skilled workers in higher per capita GDP countries are more likely to have pro-immigration views

Regional and local governments uses subsidises to attract industry headquarters

A new Report published by the Centre for Economic Policy Research (CEPR) and Fundaciòn BBVA (FBBVA) examines the changes that have taken place in banking in the European Union over the last few years. The authors note that perhaps the most significant development that has taken place in this sector has been the launch of the Financial Services Action Plan (FSAP). They find that the increase in competition brought about by the introduction of the euro and more recent deregulation measures has been relatively small. more...

In a new CEPR Policy Paper, Simon Burgess and Patrick Garrett examine the problem of unemployment and low job participation in the European Union. They report on the findings of a large international study: 'A Dynamic Approach to Europe's Unemployment Problem'. The study makes a number of policy recommendations including conditional benefits and subsidies, which encourage more efficient search methods and can lower the rate of unemployment. more...

Following the appointment of Lucrezia Reichlin as Director of Research at the European Central Bank, CEPR is pleased to announce that fellow committee member Harald Uhlig will take over from Lucrezia as Chair of the CEPR Euro Area Business Cycle Dating Committee. Uhlig is Professor of Economic Policy at Humboldt Universität Berlin. He has been a CEPR fellow since 1995.

Giancarlo Corsetti is Professor of Economics at the European University Institute since 2003, where he holds the Pierre Werner Chair on European Monetary Union, Corsetti has previously taught at the University of Rome III and Yale University.

Take a look at the new research and CEPR meetings coming up in the months ahead. more...

Read about important forthcoming economic and political events taking place in the EU. more...

Alternatives to the EU Constitutional Treaty
In a new analysis CEPR Research Fellow, Richard Baldwin, exposes common misconceptions and outlines possible alternatives for the European Union to the proposed Constitutional Treaty.

Five Critical Fallacies
Plan B

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