employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …

Job creation has lowered unemployment, but the Belgian labour market still faces many challenges. Employment rates … combination of income support and incentives could be achieved through reforming both unemployment and in-work benefits. Reforming … some aspects of employment protection legislation, such as those related to collective dismissals, and the wage formation …

This paper provides new evidence on the effect of the 2012 reform on flows from UB to employment. The reform increased … the steepness of the time profile of unemployment benefits by raising the initial benefit, lowering its long-term level … system led to an increase in flows towards employment or inactivity either in the aggregate or when comparing groups of …

and helps to preserve jobs in the context of a recession by making employment and unemployment less elastic with respect …, the net effect of STW on employment was negligible or may even have become negative. However, the gross impact of STW on …