TY - BOOK ID - 84656609 TI - Lessons from Successful Labor Market Reformers in Europe PY - 2007 SN - 145525391X 1455234664 145197535X PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Labor supply. KW - Labor force KW - Labor force participation KW - Labor pool KW - Work force KW - Workforce KW - Labor market KW - Human capital KW - Labor mobility KW - Manpower KW - Manpower policy KW - Labor KW - Taxation KW - Employment KW - Unemployment KW - Wages KW - Intergenerational Income Distribution KW - Aggregate Human Capital KW - Aggregate Labor Productivity KW - Wages, Compensation, and Labor Costs: General KW - Labor-Management Relations, Trade Unions, and Collective Bargaining: General KW - Demand and Supply of Labor: General KW - Personal Income and Other Nonbusiness Taxes and Subsidies KW - Labour KW - income economics KW - Welfare & benefit systems KW - Labor taxes KW - Labor supply KW - Labor markets KW - Taxes KW - Income tax KW - Economic theory KW - United Kingdom UR - https://www.unicat.be/uniCat?func=search&query=sysid:84656609 AB - Welfare states can be reformed successfully, and popular support for reforms can be maintained. But this requires an internally consistent package of labor market, fiscal, and product market reforms, including some kind of buy-in, through, for example, tax cuts. Empirical analysis combined with a select number of case studies-comprising Ireland, Denmark, the Netherlands, and the United Kingdom-reveals that successful reformers focused on increasing labor supply through benefit reform, lowering tax wedges, and lowering government consumption. At the same time, greater labor supply translated into employment growth more effectively in the presence of liberal labor and product markets. ER -