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The FPB’s studies cover 11 main themes: Energy, Environmental economic accounts and analyses, International economy, Labour market, Macroeconomic forecasts and analyses, Public finances, Sectoral accounts and analyses, Social protection, demography and prospective studies, Structural studies, Sustainable development, Transport.
The "work bonus" measure is designed to stimulate labour supply and fight employment traps. Our evaluation shows that the work bonus has a non-negligible positive effect on retention. On the other hand, the measure has no effect on the evolution of the number of hours of work and slows the growth of gross wages.
The FPB produces macroeconomic analyses and short-term and medium-term forecasts for Belgium on behalf of the federal government and the Central Economic Council. The labour market team focuses on wage cost, employment, labour supply, working time and commuting to work. It also conducts regional macroeconomic analyses jointly with or on behalf of the research departments of the regional authorities.
In addition it performs two types of microeconomic research. The effectiveness of federal and regional labour market policies is assessed ex post using microeconomic data. Second, the ex ante impact of welfare and tax policies reforms on labour supply, income and income distribution is assessed by means of microeconomic simulations.