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Welcome at the EES website


The EES is a policy-oriented network project that addresses the link between the business cycle and unemployment. Research within the network aims at offering sound explanations for the size and persistence of fluctuations in unemployment that many European countries have experienced over the past few decades, and how these developments in unemployment are related to inflation and economic activity. In this respect, the network gives particular attention to the interaction between the labor market and the product market in determining fluctuations in the rate of unemployment, output and inflation. Such an integrated approach will advance our knowledge of business cycle fluctuations. More importantly, it will open the door for a better macroeconomic policy design that reduces the severity of recessions, and brings about faster economic recovery.



The network kicked-off with a workshop that took place on March 5-7, 2009, at the Kiel Institute for the World Economy. For a summary click here


The Federal Reserve Bank of Richmond and the Kiel Institute for the World Economy, as part of the Ensuring Economic and Employment Stability network, have organized a conference on new developments in macroeconomics and labor economics. The conference was held at the Federal Reserve Bank in Richmond on October 2-3, 2014. Please click here for more information. 

In order to further the state of understanding on the tradeoffs faced by fiscal policymakers, the Deutsche Bundesbank, the Kiel Institute for the World Economy (IfW), and the University of Kiel are organizing a joint workshop on fiscal policy and macroeconomic performance, to be held in Frankfurt, Germany, in Juli 2014. Please click here for more information.

Contributors to the EES Conferences and Workshops may now submit their papers to the open-access E-Journal Economics. Please click here for more information.


Papers and slides of the network's 2013 conference "Understanding the sluggish recovery from the Great Recession" held at the Kiel Institute for the World Economy are now available.