In striking contrast with the majority of other European economies, the UK pension system does not pose problems of financial sustainability to public finances. Public expenditure for pensions is foreseen to remain relatively stable for the next 50 years, around 5 percent of GDP, thanks to the...

On the basis of a local household survey carried out in 2002 and in 2006, this paper examines the earnings and job conditions of workers living in the province of Modena, one of the richest areas of Italy. After an analysis of earning changes over the period covered by the two surveys, the paper...

The European Employment Strategy stresses the role of human capital accumulation, to increase via reforms of the education system and active labour market policy on a large scale, as the main instruments against unemployment. We argue that these instruments might be more effective than...