Declining Youth Unemployment in Europe: The Effect of the Business Cycle or the European Youth Guarantee?

by Mikkel Barslund, Daniel Gros
September, 2017

A fresh look at youth unemployment in Europe finds that it is not the huge societal problem previously thought, but rather that general unemployment merits closer attention. In 2012, youth unemployment took centre stage as a European policy issue. It was on the agenda of successive European Councils and became the target of many policy initiatives aimed … Continued

Wealth, top incomes and inequality

by Frank Cowell, Brian Nolan, Javier Olivera, Philippe Van Kerm
September, 2017

Although it is heartening to see wealth inequality being taken seriously, key concepts are often muddled, including the distinction between income and wealth, what is included in “wealth”, and facts about wealth distributions. This chapter highlights issues that arise in making ideas and facts about wealth inequality precise, and employs newly-available data to take a … Continued

Updating the Health Insurance Sustainability Forecast Model

by Magnus Piirits, Andres Võrk
September, 2017

We update the health insurance long-term forecast model with new data to assess the long-term financial sustainability of health insurance and test the impact of scenarios on sustainability. The originaal model was created during the periood 2013-2014, you can read about it here. After updating the model, it is possible to assess how future health insurance … Continued

Medium-run implications of changing demographic structures for the macro-economy

by Y. Aksoy, H.S. Basso,R. P. Smith
August, 2017

While there may be an important, but transitory, cyclical component in the poor performance of the past decade, we will emphasise the secular forces: the impact of demographic structure and innovation. We draw on the empirical and theoretical work reported in Aksoy, Basso, Smith and Grasl (2015), ABSG, about the impact of changes in demographic … Continued

Model Calculations of Short-Term Forecasts of Social and Economic Indices of the Russian Federation (May 2017)

by M. Turuntseva, E. Astafieva, M. Bayeva, A. Bozhechkova, A. Buzaev, T. Kiblitskaya, Yu. Ponomarev, A. Skrobotov
August, 2017

This paper presents calculations of various economic indicators for the Russian Federation in June–November of 2017, which were performed using time series models developed as a result of research conducted by the Gaidar Institute over the past few years.

Using the Shapley Decomposition to Disentangle the Impact of Circumstances and Efforts on Health Inequality

by Joseph Deutsch, Maria Noel Pi Alperin, Jacques Silber
July, 2017

Following previous work on inequality in health opportunity, this paper attempts to determine the contribution of circumstances, efforts and lifestyle, and demographic variables to the overall inequality in health in Luxembourg. Health is measured via the answers given to a question on self-assessed health and is considered as an ordinal variable. The educational level of … Continued