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Nikolaos Papadatos

Economics

Division

Supply Side, Labour and Surveillance

Current Position

Externals

Email

Nikolaos.Papadatos@ecb.europa.eu

Education
2023-2025

MA Quantitative Economics, University of California, Los Angeles, United States

2017-2021

BA Accounting and Finance, Athens University of Economics and Business, Greece

25 June 2026
ECONOMIC BULLETIN - BOX
Economic Bulletin Issue 4, 2026
Details
Abstract
This box examines whether large-scale restructuring announcements recorded in the European Restructuring Monitor (ERM) compiled by Eurofound contain economically meaningful signals of euro area labour market dynamics. We construct a net job changes indicator, demonstrating that its lagged values contain information on episodes of below-average employment performance ahead of official data releases. While ERM coverage is limited by construction, focusing on large firms and manufacturing-intensive sectors, it captures restructuring events in firms employing between one-third and one-half of the total euro area workforce, making it a timely complement to standard aggregate statistics.
JEL Code
C22 : Mathematical and Quantitative Methods→Single Equation Models, Single Variables→Time-Series Models, Dynamic Quantile Regressions, Dynamic Treatment Effect Models &bull Diffusion Processes
E24 : Macroeconomics and Monetary Economics→Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy→Employment, Unemployment, Wages, Intergenerational Income Distribution, Aggregate Human Capital