labour market in terms of the incentives that economic agents face. To fulfil its new role the following three reform … policies for the welfare state are analysed: Unemployment accounts, employment subsidies and flexicurity. Finally, a new …

interdependencies are taken into account and matching procedures are applied, the outcome matches to that of independent and unmatched …

interdependencies are taken into account and matching procedures are applied, the outcome matches to that of independent and unmatched …

Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …