Research Areas

Currently we have divided our research into nine areas. New research topics will be added as our archive of working papers grows and we establish research interests between the CEM and other Universities and research institutes. Below each linked topic are numerous working papers.

1. economic growth: given that the U.S economic boom in the last decade was largely driven by knowledged based industries and consumer and business services the role of education, human capital, knowledge and innovations will come into focus

2. labor market: the major issues here are employment, unemployment and inequality; labor market flexibilities and employment; welfare state measures and employment; differences in immigration policies; pension fund systems; trade unions and wage bargaining process and labor participation in companies.

3. monetary and fiscal issues: how will the monetary and fiscal policy coordination within Europe and between Europe and the U.S. work? Will the Euro be a successful currency vis-a-vis the dollar, being established as a stable currency, obtaining recognition as reserve currency? What will be the labor market, welfare state and monetary and fiscal effects of the E.U. enlargements?

4. financial market: a comparative view is needed to study the relation of the stock market and economic activity, credit risk and credit markets, regulatory institutions to prevent financial instability, stock markets and participation of the public in stock markets; differences in stock market volatility and returns, differences in bond markets and central banks' monetary policies

5. industrial structure and industrial policy: here the major issues are mergers, acquisitions and industrial restructuring; company valuations and methods of takeovers, the IT and telecommunication markets in the U.S and E.U., trade policies in the U.S. and E.U., regulatory agencies in U.S. and E.U.

6. environment and resources: the current public debate shows that the environment and management of natural resources will come into play; resource conservation and energy policies in the U.S. and Europe; differences in their view on global warming, regulatory efforts and instruments.

7. international economics and international finance

8. macrodynamics and macroeconometrics

9. technical papers