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The European Employment Strategy is the subject of controversial discussion. It is hard to find an economic … employment policies are almost negligible. In its latest communication, the European Commission fails to provide a masterplan for … employment policy responsibilities from the national to the EU level. But the EU labour market policy lacks appropriate …
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This paper examines the role of government wages in ensuring macroeconomic stability and competitiveness in the euro area. Recent empirical evidence suggests that government wage expenditure is subject to a pro-cyclical bias in most euro area countries and at the euro area aggregate level....
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