We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is … present policies continue within the European Union (EU) and its member states. In the vibrant scenario, full employment is … shortages. The road to full employment is embedded in a landscape with less income inequality and more "greening" of EU member …

theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual … competition ; barriers to entry ; wage bargaining …

We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality … employment is regained by more policy attention toward innovation and its underlying research and development (R&D), accompanied … market shortages. The road to full employment is embedded in a landscape with less income inequality and more “greening” of …

and increasing competition in many sectors, such as telecommunications, utilities, and transport. The timing and extent of …