Browsing by Author "Vella, Eugenia"

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  • Pappa, Evi; Sajedi, Rana; Vella, Eugenia (2016-02)
    An important feature of the current economic conditions in the EU, which challenges the design and implementation of macroeconomic policy, is inflation uncertainty. With monetary policy at the zero lower bound, and inflation ...
  • Bandeira, Guilherme; Caballé, Jordi; Vella, Eugenia (2018-02)
    High unemployment and fiscal austerity during the recent crisis have led to significant migration outflows from the periphery of the euro area. This paper introduces endogenous migration both for the unemployed and ...
  • Bermperoglou, Dimitrios; Pappa, Evi; Vella, Eugenia (2016-10)
    We estimate the effects of public wage expenditures on output and the labor market in U.S. data by identifying shocks to public employment and public wages using sign restrictions. Public wage shocks do not induce significant ...