Lifting the cap? The importance of interactions between public and private sector wage growth in the UK

by Arno Hantzsche
October, 2017

This is a preview from the National Institute Economic Review, November 2017, no 242 This Box, prepared by NIESR Senior Economist Arno Hantzsche, outlines the interplay between private and public sector wage growth in the UK “Political pressure is mounting to lift the cap on public sector pay. Since pay restraints were introduced in 2010, real … Continued

Exchange of good practices: Work-life balance in self-employment

by Helen Biin, Märt Masso
September, 2017

The project focuses on exchange of good practices to support self-employed people’s work-life reconciliation. Some people choose self-employment as it can provide flexibility and a better work-life balance, however, it can also result in unpredictable or irregular working hours, as well as the lack of job security and sufficient access to social protection. These factors … Continued

Declining Youth Unemployment in Europe: The Effect of the Business Cycle or the European Youth Guarantee?

by Mikkel Barslund, Daniel Gros
September, 2017

A fresh look at youth unemployment in Europe finds that it is not the huge societal problem previously thought, but rather that general unemployment merits closer attention. In 2012, youth unemployment took centre stage as a European policy issue. It was on the agenda of successive European Councils and became the target of many policy initiatives aimed … Continued

Wealth, top incomes and inequality

by Frank Cowell, Brian Nolan, Javier Olivera, Philippe Van Kerm
September, 2017

Although it is heartening to see wealth inequality being taken seriously, key concepts are often muddled, including the distinction between income and wealth, what is included in “wealth”, and facts about wealth distributions. This chapter highlights issues that arise in making ideas and facts about wealth inequality precise, and employs newly-available data to take a … Continued

Updating the Health Insurance Sustainability Forecast Model

by Magnus Piirits, Andres Võrk
September, 2017

We update the health insurance long-term forecast model with new data to assess the long-term financial sustainability of health insurance and test the impact of scenarios on sustainability. The originaal model was created during the periood 2013-2014, you can read about it here. After updating the model, it is possible to assess how future health insurance … Continued

Medium-run implications of changing demographic structures for the macro-economy

by Y. Aksoy, H.S. Basso,R. P. Smith
August, 2017

While there may be an important, but transitory, cyclical component in the poor performance of the past decade, we will emphasise the secular forces: the impact of demographic structure and innovation. We draw on the empirical and theoretical work reported in Aksoy, Basso, Smith and Grasl (2015), ABSG, about the impact of changes in demographic … Continued