france flag on gray concrete building near road

Profit-Sharing in France: A Boost for Low-Skilled Workers

A recent NBER working paper (The Effects of Mandatory Profit-Sharing on Workers and Firms: Evidence from France by Elio Nimier-David, David Sraer & David Thesmar) examines France’s mandated profit-sharing scheme. This scheme obligates large firms to share excess profits with employees. But a few questions arises: are
October 24, 2023
apartment architecture city colorful

Overeducated: Germany & The Role of Performance Pay 

Overeducated workers outperform and earn more than their coworkers in similar roles. Still, they lag behind peers with matching job qualifications in earnings. The big question? How they adjust to the pitfalls of overeducation. This working paper (Overeducation, Performance Pay and Wages:
October 17, 2023
person using dewalt cordless impact driver on brown board

UK Housing: Prices Fall, Affordability Unchanged, Promises Made

Highlights: Key Figures: Deep Dive: Even as UK housing prices continue to tumble, housing affordability is still a primary concern for potential buyers. A recent Royal Institution of Chartered Surveyors (RICS) report underscores this issue. Despite lower housing prices, other factors like lack
October 12, 2023

Italy’s Population Decline: Causes & Consequences

Italy’s population decline and aging in municipalities have developed distinct trends over the past five decades. A recent study (Demographic sustainability in Italian territories: The link between depopulation and population ageing by Cecilia Reynaud & Sara Miccoli) reveals intriguing patterns and correlations,
October 2, 2023
white and brown hospital beds

Negative childbirth experiences linked to lower birth rates

In recent research spearheaded by Johanna Joensuu, MSc, the quality of childbirth experiences at the Hospital District of Helsinki and Uusimaa (HUS) from 2012 to 2018 was explored in detail. The findings indicate a moderate decline in positive childbirth experiences in Finland
September 29, 2023

New Greek Labor Laws Hurt Greece In the Short & Long Term

What’s happening: Thousands of Greek public sector workers have taken to the streets, marching on the Greek parliament, expressing their discontent over newly proposed labor laws by the government led by Prime Minister Kyriakos Mitsotakis. Why it matters: The protests are in
September 26, 2023
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