Economic insecurity in Europe and potential policy responses

Oecd

No 14, OECD Policy Insights on Well-being, Inclusion and Equal Opportunity from OECD Publishing

Abstract: Over the past few decades, economies and technologies have shifted in ways that have made people’s economic prospects more uncertain. This Policy Insights highlights the main findings from On Shaky Ground? Income Instability and Economic Insecurity in Europe, the inaugural report of the OECD Observatory on Social Mobility and Equal Opportunity. It utilises novel techniques to identify the economically insecure, those most vulnerable to income fluctuations, in European OECD countries, and explores the link between income fluctuations, social mobility, and income inequality. It also recommends a range of policies aimed at enhancing social protection timeliness to better support those with highly volatile incomes and at building financial buffers for individuals at risk of economic insecurity.

Keywords: economic insecurity; income instability; inequality; social mobility (search for similar items in EconPapers)
JEL-codes: D14 D31 D63 I3 J31 (search for similar items in EconPapers)
Date: 2023-12-12
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Persistent link: https://EconPapers.repec.org/RePEc:oec:wiseab:14-en

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