Since the early 2000s, the ‘new social risks' approach has shifted the focus in welfare analysis from so-called old social risks to the so-called new social risks related to recent changes in the labour market and family structures. This approach captures a number of important changes in...

The expansion of welfare-state arrangements is seen as the result of dynamic interaction between market behaviour and political behaviour, often with considerable time lags, sometimes generating either virtuous or vicious circles. Such interaction may also involve induced (endogenous) changes in...