- and high-wage earners is broad and has further widened in recent years, the consequence mainly of a rise in unemployment … and greater flexibility of the labour market (i.a. from the noticeable increase in part-time employment). Both phenomena …

period of weak economic growth, high unemployment and thus precautionary saving can be effectively reduced by an increase of … the employment elasticity of growth and a reduction of actual working hours. 3. Another promising approach is to improve …