26 september 2013: International expert meeting

On 26 September 2013 DNB is organizing a special half-day expert meeting on “Labour market reform in the EMU”. The meeting will be chaired by DNB’s President, Klaas Knot. The goal of the meeting is to increase our understanding of ongoing labour market reforms in the EMU. There is broad consensus that reforms are needed to improve countries’ competitiveness and their ability to adjust to shocks, e.g. by reducing wage rigidities, increasing labour supply and removing duality in the labour market. Since the onset of the crisis many reforms have been implemented, especially in those countries where labour markets were deemed most inflexible. In the first session of the workshop, we will take stock of the major labour market reforms that have been undertaken in the EMU since the crisis and outline future priorities. The discussion will start with contributions by Alessandro Turrini (European Commission) and Robert Anderton (European Central Bank).
The second session will be devoted to a particular area of reform, namely the wage formation process. Especially countries such as Greece, Portugal, Spain and Italy in recent years have made important changes to the wage bargaining framework with the aim of bringing wages more in line with productivity. At the same time we know that the devil of successful labour market reform is in the details and success will crucially depend on the broader economic, institutional and political context. Marcel Jansen (Universidad Autónoma de Madrid/ FEDEA) and Pedro Portugal (Banco de Portugal / Nova School of Business and Economics) will kick-off the discussion by sharing their perspective on recent reforms in Spain and Portugal, respectively. The session will be chaired by Alexander Rinnooy Kan (former chairman of the Dutch Social and Economic Council, currently chairman of DNB’s Supervisory Board).
The workshop aims to bring together an audience of representatives of national central banks, the ECB, European Commission and the OECD as well as Dutch policy makers, academics and the social partners.
To express your interest in attending, please send an email to: Ebo_Conferences@dnb.nl. Programm: link