Niet beschikbaar in het Nederlands
Christian Barontini
Secretariat
- Division
Secretariat
- Current Position
-
Senior Lead Secretariat Official
- Fields of interest
-
Macroeconomics and Monetary Economics,International Economics,Other Special Topics
- Education
- 1991-1994
Institut d'Études Politiques, Aix-en-Provence, France
- Professional experience
- 2019-2024
Principal Secretariat Official - Directorate General Secretariat, European Central Bank
- 2018-2019
Visiting member of the Committee on Payments and Market Infrastructures (CPMI) Secretariat - Bank for International Settlements
- 2008-2018
Secretariat Official - Directorate General, European Central Bank
- 2007-2008
Economist - Directorate General International and European Relations, European Central Bank
- 1999-2007
Adjoint de direction - Directorate General Economics and International, Banque de France
- 31 July 2004
- OCCASIONAL PAPER SERIES - No. 19Details
- Abstract
- This paper analyses trends in sectoral specialisation in the EU and concludes the following: 1) The European production structure appears more homogenous than that of the US. 2) While sectoral specialisation has shown a slight increase in some smaller euro area countries towards the end-1990s, it is too early to detect any potential impact of EMU. 3) Despite some changes in sectoral composition, the business cycles of euro area countries became more synchronised over the 1990s, which may be seen as reassuring from the point of view of the single monetary policy. 4) Sectoral re-allocation accounts for as much as 50% of the increase in labour productivity growth in business sector services in the euro area. 5) The slowdown of European labour productivity growth relative to the US since the mid-1990s is explained by a stronger performance in the US wholesale and retail trade, financial intermediation and high-tech manufacturing sectors.
- JEL Code
- E32 : Macroeconomics and Monetary Economics→Prices, Business Fluctuations, and Cycles→Business Fluctuations, Cycles
E22 : Macroeconomics and Monetary Economics→Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy→Capital, Investment, Capacity
E23 : Macroeconomics and Monetary Economics→Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy→Production
E24 : Macroeconomics and Monetary Economics→Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy→Employment, Unemployment, Wages, Intergenerational Income Distribution, Aggregate Human Capital
- 2019
- BIS Papers n°101
- 2006
- Banque de France, Bulletin n°152A national central bank within a federal system