market flows on wage formation as an alternative to the traditional specification of wage equations in which unemployment … represents Phillipscurve or wage-curve effects. The paper estimates a dynamic wage equation for the Netherlands using a …

This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian … Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent initiatives …

, France, Japan, the Netherlands, Norway, Spain, Sweden and the United Kingdom. Together, these agreements provide a total of …-income countries (LICs). The new agreements and augmentations of existing agreements that have been finalized are from Belgium, Brazil …

various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …

Belgium’s impressive past fiscal consolidation is an example for other countries that need to bring down their public … debt and also provides insights on how best to address its own current fiscal challenges. Belgium has a unique history of a … long and successful large fiscal consolidation. Belgium lived through various episodes of fiscal adjustment and each one of …

This 2005 Article IV Consultation highlights that Belgium’s growth has picked up following weakness in early 2005 …

This Selected Issues paper for Belgium evaluates whether price increases in Belgium are excessive. It assesses the … estate markets between Belgium and other countries. The paper analyzes policy and institutional factors that may have … contributed to housing price developments in Belgium. It identifies potential policies that are available to avert a buildup of …

Settlement Systems for Belgium. The assessment reveals that overall, the financial system is generally sound, resilient to …