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OECD Policy Insights on Well-being, Inclusion and Equal Opportunity

This series features policy and statistical insights on the measurement agenda for well-being, inclusiveness, sustainability and equal opportunity as well as analysis to help deepen the understanding of the drivers of these issues, the ways in which they interact and how they evolve. Learn more about these key topics in just a few pages.

English Also available in: French

Economic insecurity in Europe and potential policy responses

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.

English Also available in: French

Keywords: economic insecurity, inequality, income instability, social mobility
JEL: D14: Microeconomics / Household Behavior and Family Economics / Household Saving; Personal Finance; D31: Microeconomics / Distribution / Personal Income, Wealth, and Their Distributions; D63: Microeconomics / Welfare Economics / Equity, Justice, Inequality, and Other Normative Criteria and Measurement; J31: Labor and Demographic Economics / Wages, Compensation, and Labor Costs / Wage Level and Structure; Wage Differentials; I3: Health, Education, and Welfare / Welfare, Well-Being, and Poverty
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