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We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is reduced and the economies are more sustainable. We call this scenario "vibrant". It is contrasted with what would happen if present policies continue within the European Union...
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with job search requirements. It shortened unemployment spells through faster job entry, but also through more exits from … the labour force in the 2 years following treatment. The duration of unemployment was reduced for a number of subgroups of … time out of the labour force. The quality of jobs after unemployment, measured by wages, did not change. A cost …
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