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Recommendations for Europe

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  • Giuseppe Bertola
  • John Driffill
  • Harold James
  • Hans-Werner Sinn
  • Jan-Egbert Sturm
  • Ákos Valentinyi

Abstract

Chapter 2: The European Imbalance: Try a fiscal devaluation / Cut expenditure rather than raising taxes during fiscal consolidation / Reduce the Greek debt overhang brChapter 3: Labour Market Reforms and Youth Unemployment: Two-tier labour markets should be eliminated / Make dismissal costs for firms modest and predictable / Reconsider the automatic, legally binding extension of wage bargains across sectors / Vocational education, training and apprenticeships brChapter 4: US Precedents for Europe: Establish a common state before federalising debt / Limit liabilities / Fiscal Equity / Ensure that Europe's central bank is flexible and strictly governed / Set up a US-style settlement mechanism in Europe

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Bibliographic Info

Article provided by CESifo Group Munich in its journal EEAG Report on the European Economy.

Volume (Year): (2013)
Issue (Month): (02)
Pages: 06-07

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Handle: RePEc:ces:eeagre:v::y:2013:i::p:06-07

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