additional growth for that period would be enduring increases in governmental expenditures which could never be paid back. …

the same time, the inequality of household incomes has increased. High-income households have profi ted particularly from … investment income and self-employment. The income gap has not widened further in recent years, but the high level of inequality …

the European crisis countries back onto a more stable growth path. Using simulation calculations for varying wage setting … if accompanied by other economic policies at the European level. These policies include higher wage growth in the …