This brief presents several stylised scenarios to explore the potential macroeconomic benefits of the Europe 2020 strategy. An essential part of Europe 2020 consists of reforms with a medium- to long-term horizon that focus on promoting the sustainability of public finances, enhancing potential...

Summary for non-specialistsAn essential part of the Europe 2020 strategy consists of reforms with a medium- to long-term horizon that focus on promoting the sustainability of public finances and enhancing potential growth. Building on structural reform simulations with the DSGE model QUEST III,...

This paper presents a selective survey of the recent literature on labour market institutions. It describes the different empirical approaches used to explore the nexus between labour market institutions and labour market performance. It stresses that the effect of institutions is complex in...

This paper presents a selective survey of the recent literature on labour market institutions and performance and offers new empirical EU-based evidence on the impact of labour market reforms on employment and labour market adjustment. While the literature traditionally treats labour market...

This paper presents a selective survey of the recent literature on labour market institutions and offers new empirical EU-based evidence on the impact of labour market reforms on employment and labour market adjustment. While the literature traditionally treats labour market institutions as...

The paper examines the rationale for creating a database on labour market reforms and looks at the value-added of LABREF compared with existing datasets. In doing so, it considers recent developments in the economic literature as regards the design of labour market institutions. After a...

This paper presents a selective survey of the recent literature on labour market institutions. It describes the different empirical approaches used to explore the nexus between labour market institutions and labour market performance. It stresses that the effect of institutions is complex in...