April 2019

The Dynamism of the New Economy: Non-Standard Employment and Access to Social Security in EU-28

By Sonja Avlijas (LIEPP - Sciences Po) This paper examines the prevalence of non-standard workers in EU-28, rules for accessing social security, and these workers’ risk of not being able to access it. It focuses on temporary and part-time workers, and the self-employed, and offers a particularly detailed analysis of their access to unemployment benefits. It focuses on eligibility, adequacy (net income replacement rates) and identifies those workers which are at the greatest risk of either not receiving benefits or...

March 2019

Report on other information to be provided to prospective and current members: guidance and principles based on current practices

By EIOPA This report analyses certain national practices existing prior to the implementation of the Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016 on the activities and supervision of institutions for occupational retirement provision (IORP II). It concerns disclosure documents to be given to prospective members and members in the pre-retirement and pay-out phase, as set out in Chapter III “Other information documents to be provided” within Title IV “Information to...

Europeanising pensions and unemployment insurance

A European mechanism for pensions and unemployment insurance would protect vulnerable economies against asymmetric shocks and give life to the European Pillar of Social Rights. The debate about the future of the social dimension in Europe offers an opportunity to ground new policy directions and research. The European Pillar of Social Rights (EPSR) sets out, in its chapter III, the principles of social protection and inclusion, in which unemployment benefits and old-age income and pensions figure. Equality, fairness and...

February 2019

Household Savings in Central Eastern and Southeastern Europe: How Do Poorer Households Save?

By Elisabeth Beckmann (Oesterreichische Nationalbank (OeNB)) Based on a survey of households in 10 Central Eastern European and Western Balkan countries, this paper presents new and unique evidence on which households have savings and how they save. The paper shows that the percentage of savers is low, and savings are frequently informal. Formal savings are dominated by bank savings, and participation in contractual and capital market savings is very low in comparison to high-income countries. Poor households are significantly less...

Work in Europe If You Want Your Pension to Grow While Doing Good

The continent has some $12 trillion committed to sustainable investing, more than anywhere else. These days, European asset managers’ websites all seem to have a section devoted to ESG, providing their take on a range of environmental, social, and governance topics including green energy and women on boards. Every mutual fund company has an ESG product, and every investment bank is rolling out ESG research. Europe is the place to be if you want to do good while becoming...

Perspectives on Poverty in Europe

By Stephen P. Jenkins (London School of Economics & Political Science (LSE) - Department of Social Policy and Administration; Institute for the Study of Labor (IZA); University of Essex - Institute for Social and Economic Research (ISER)) I address four topics: how our capacities to monitor poverty in Europe have improved substantially over recent decades; how progress on EU poverty reduction has been disappointing and why this has been; conceptual and measurement issues; and the future direction of EU-level anti-poverty...

The Economic Effects of the UK Government's Proposed Brexit Deal

By Arno Hantzsche (National Institute of Economic and Social Research; University of Nottingham), Amit Kara (Bank of England - Monetary Policy Committee), Garry Young (National Institute of Economic and Social Research) The focus of our analysis is on how the UK government's proposed Brexit deal is likely to affect the economy. First, we assess how trade, migration, foreign direct investment, productivity and contributions to the EU budget might change by reviewing current proposals against historical evidence. Second, we use the...

The Economic Effects of the UK Government’s Proposed Brexit Deal

By Arno Hantzsche (National Institute of Economic and Social Research; University of Nottingham), Amit Kara (Bank of England - Monetary Policy Committee), Garry Young (National Institute of Economic and Social Research) The focus of our analysis is on how the UK government's proposed Brexit deal is likely to affect the economy. First, we assess how trade, migration, foreign direct investment, productivity and contributions to the EU budget might change by reviewing current proposals against historical evidence. Second, we use the...

January 2019

Migration, Remittances and Brexit: European Labor Market Integration and Its Effects on Inequality and Convergence

By Pawel Langer (New York University) & Laszlo Tetenyi (New York University) The increase in migration from Eastern to Western Europe after their accession to the European Union (EU) in 2004 resulted in a large increase in remittances to New Member States (NMS) and were comparable in size to FDI or EU funds. This paper adds to the literature by analyzing the impact of remittances and migration jointly, rather than separately, on the integration of EU economies and their implications...

The Impact of Brexit on Central and Eastern European Security

By Valentin Naumescu (Faculty of European Studies, Babeş-Bolyai University Cluj-Napoca), Agnes Nicolescu (European Institute of Romania) This article examines the impact of the Brexit process on security policy and related political discourse in Central and Eastern Europe. Developments related to the Brexit process are considered in its two-fold dimensions: direct impact, on the European Union, and indirect effect, on UK’s contribution to NATO. In this context, the article proposes a qualitative analysis of foreign policy and security national strategy...