Survey results in 15 European countries for almost 15,000 firms reveal that Belgian firms react more than the average European firm to adverse shocks by reducing permanent and temporary employment. On the basis of a firm-level analysis, this paper confirms that the different reaction to shocks...

The EU's central task is to improve the lives that European citizens are able to live. This mission is embedded in the EU's commitment to enhance the functioning of the internal market on the basis of the assumption that market exchanges form the primary mechanisms through which individuals...