IRES, Université catholique de Louvain, Belgium
IZA World of Labor role
Author
Current position
Professor of Economics, Deapartment of Economics, and research fellow, IRES, Université catholique de Louvain, Belgium
Research interest
Business cycle analysis, international monetary economics, monetary and financial macroeconomics, macroeconomic policies in Belgium
Positions/functions as a policy advisor
Economist, International Monetary Fund, Washington, 1994–1997
Past positions
Teaching and research assistant, Université de Namur, 1991–1994
Qualifications
PhD Economics, Université de Namur, 1994
Selected publications
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"Real exchange rates and skills." Journal of International Money and Finance 67:C (2016): 305–319 (with J.-F. Carpantier).
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"Real exchanges rates, commodity prices and structural factors in developing countries." Journal of International Money and Finance 51:C (2015): 264–284 (with B. Candelon and J.-F. Carpantier).
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"Real exchanges rates in commodity producing countries: A reappraisal." Journal of International Money and Finance 31:6 (2012): 1482–1502 (with B. Candelon and J.-F. Carpantier).
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"Evidence of interdependence and contagion using a frequency domain framework." Emerging Markets Review 10:2 (2009): 140–150 (with B. Candelon).
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"Exchange rate regime, volatility and international correlations on bond and stock markets." Journal of International Money and Finance 18:1 (1999): 133–151 (with P. Reding).
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The labor market in Belgium, 2000–2016
Beyond satisfactory average performances lies a strongly segmented labor market with long-term challenges
Might the Belgian labor market be included in the gallery of “Belgian surrealism”? At first sight, Belgium with its 11 million inhabitants has withstood the Great Recession and the euro area debt crisis relatively well, quickly getting back on track toward growth and employment, apparently without rising earnings inequality. But if one digs a little deeper, Belgium appears to be a strongly segmented labor market, first and foremost in an astounding north–south regional (linguistic) dimension. This extreme heterogeneity, along with several demographic challenges, should serve as a warning for the future.MoreLess