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Minimum wage hikes don’t cost jobs: study

Posted on Author Erik Sass Comments Off on Minimum wage hikes don’t cost jobs: study

A new discussion paper by Ernest Boffy-Ramirez at the IZA, a German trade union-backed think tank, shows that increases in minimum wages were not correlated with higher unemployment in four U.S. states that raised wages.

Erik Sass

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“Swindled” Italian bank customers STILL waiting

Posted on Author Erik Sass

Italian bank customers who lost their savings and were awarded repayment are still waiting, notes Farefuturo in a fairly blistering article (original in Italian).
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France’s exports: Qu’est-ce qui ne va pas? (French)

Posted on Author Erik Sass

CEPII analyzes France’s trade woes: exports are growing slowly and haven’t reached pre-2008 financial crisis rates. What’s holding them back? A lack of competitiveness, as well as macroeconomic imbalances across the euro area and low foreign investment. 
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What’s behind euro-area housing boom… and is a crash coming?

Posted on Author Erik Sass

  “Recent euro-area house price increases are dissimilar to earlier housing booms” By Zsolt Darvas, Marta Domínguez-Jiménez, and Guntram B. Wolf, courtesy of the Bruegel Institute   Rapid house price increases are good for homeowners and bad for people wishing to buy. They could also be bad for the economy as a whole if there […]