The paper provides a theoretical rationale for flexicurity policies, which consist of low employment protection …, generous unemployment insurance and active labor market programmes. It analyzes in which conditions flexicurity can be optimal … flexicurity is optimal, and where it is not optimal. …

The notion of flexicurity promotes the idea of compensation of labour market deregulation (= flexibilization) with … advantages in employment and social security. To monitor effects of flexicurity policies in Europe, flexicurity indices are …

out of the labour market. This is the concept of flexicurity whereby flexibilisation of employment and labour markets is … emphasising the importance of preserving social cohesion within society (Wilthagen, 1998). The approach of flexicurity implies … labour market reducing risks of social exclusion (Wilthagen and Tros, 2004). Moreover, flexicurity also concerns progress of …