The labour market in Russia is very flexible. Firms adjust to economic shocks through wage cuts, working hour reductions and minimisation of non-wage labour costs. Workers react by changing jobs. This results in a high and stable overall employment rate, but also high wage inequality,...

In this paper we describe the main features of the French social housing system as viewed from abroad, and place it within the context of systems in other major developed countries, particularly in Europe. At 17% of the total stock the social sector in France is of similar scale to many other...

Housing plays a key role in the economy, because of its weight in household expenditures and assets, its importance for social well-being, and its impact on educational outcomes and employment as well as on the business cycle. Over the past half century, the bulk of the population has benefited...

Les politiques du logement en France visent à satisfaire plusieurs objectifs. Il s’agit en premier lieu d’assurer à chacun un logement qui corresponde à ses besoins et à ses capacités financières. Le logement social, les aides au logement, les dispositifs d’aide à l’investissement...

Le logement joue un rôle de premier plan dans l’économie de par son importance pour la dépense et le patrimoine des ménages, le bien-être, et aussi en raison de ses retombées sur les performances scolaires et l’emploi, et sur le cycle d’activité. Depuis un demi-siècle,...

After the onset of the crisis, unemployment in Sweden increased markedly, though much less than expected and than during the early 1990s, even as participation in the labour market held up well. The challenge going forward is to ensure that high unemployment does not become entrenched or leads...

Irish youth was hit hard by the crisis. Many young workers have remained unemployed for a long time and, unless it is tackled promptly, this issue will become one of the most enduring legacies of the recession. New labourmarket policy initiatives have been introduced recently, but more will be...

This paper provides both descriptive and empirical evidence about the main youth labour market problems in Spain. Using the experiences of other EU economies as a benchmark, we document the performance of Spain as regards a wide set of youth labour market dimensions. These include employment and...

This paper assesses recent patterns in intergenerational social mobility across OECD countries and examines the role that public policies can play in affecting such mobility. It shows that the relationship between parental or socio-economic background and offspring’s educational and wage...

This paper breaks new ground by providing comparable estimates of intergenerational wage and education persistence across 14 European OECD countries based on a new micro data from Eurostat. A further novelty is that it examines the potential role of public policies and labour and product market...