: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … wage profiles, the more effective will low-wage subsidies be relative to unemployment vouchers. …

Job creation has lowered unemployment, but the Belgian labour market still faces many challenges. Employment rates … combination of income support and incentives could be achieved through reforming both unemployment and in-work benefits. Reforming … some aspects of employment protection legislation, such as those related to collective dismissals, and the wage formation …

The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a … high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment …