Based on the householdsu0092 utility maximisation, a closed form approximation of the consumption function is derived and the deep parameters of the consumption function are estimated using aggregate euro area data. The novel element in our approach is the parameterisation of the information...

This report describes the main developments in industrial relations and working conditions in 2013 in the 28 EU Member States and in Norway, from both a national and EU-level perspective. Beginning with an overview of the current economic and political context in these countries, the report goes...