A vibrant European labor market with full employment

Artikel

We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is reduced and the economies are more sustainable. We call this scenario "vibrant". It is contrasted with what would happen if present policies continue within the European Union (EU) and its member states. In the vibrant scenario, full employment is regained through more policy attention toward innovation and its underlying research and development (R&D), accompanied by more labor mobility within and between EU countries, in combination with a selective immigration policy based on labor market shortages. The road to full employment is embedded in a landscape with less income inequality and more "greening" of EU member states' economies. We translate the vibrant scenario into policy proposals distinguishing between the role for the EU and that of the member states. We hope these proposals will affect the debate about the future of the European Union, also with regard to the pivotal role and responsibility of the European Parliament and European Commission.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA Journal of European Labor Studies ; ISSN: 2193-9012 ; Volume: 3 ; Year: 2014 ; Issue: 10 ; Pages: 1-24 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft ; Personal Income, Wealth, and Their Distributions ; Factor Income Distribution ; International Institutional Arrangements ; Higher Education; Research Institutions ; Education and Inequality ; Education and Economic Development ; Education: Government Policy ; Demographic Economics: Public Policy ; Labor Force and Employment, Size, and Structure ; Wage Level and Structure; Wage Differentials ; Unemployment: Models, Duration, Incidence, and Job Search ; Labor Standards: Workers' Rights ; Innovation and Invention: Processes and Incentives ; Technological Change: Government Policy
• Subject: Employment ; Labor mobility ; Innovation ; Income inequality ; Competition ; Labor markets ; Greening ; Happiness

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ritzen, Jozef M. M. ; Zimmermann, Klaus F.
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2014

Further information

• DOI: doi:10.1186/2193-9012-3-10
• Handle: http://hdl.handle.net/10419/125580
• Last update: 10.03.2025, 11:42 AM CET