Unemployment and Labor Market Rigidities Theory, Empirical Evidence and Recent Labor Market Reforms
-
- Englisch ausgewählt
-
Verlag:VDM
- GRIN 38,00 €
- AV Akademikerverlag 36,99 €
- VDM 39,99 € ausgewählt
39,99 €
inkl. gesetzl. MwSt.,
Beschreibung
Produktdetails
Einband
Taschenbuch
Erscheinungsdatum
05.12.2007
Verlag
VDMSeitenzahl
84
Maße (L/B/H)
24/17/0,6 cm
Gewicht
157 g
Sprache
Englisch
ISBN
978-3-8364-2966-5
Many European countries have experienced a significant increase of unemployment
in recent years. This publication reviews several theoretical models
that try to explain this phenomenon. Predominantly, these models claim a
link between the poor performance of European labor markets and the high
level of market regulation. Commonly referred to as the Eurosclerosis debate,
prominent approaches consider insider-outsider relationships, search-models,
and the influence of hiring and firing costs on equilibrium employment. The
publication presents empirical evidence of each model and studies the relevance
of the identified rigidities as a determinant of high unemployment in
Europe. Furthermore, a case study analyzes high unemployment rates in
Germany and critically discusses recent reform efforts.
This study provides a sober and unprejudiced analysis of the European labor
market and its weaknesses. According to the author's convincing argument,
substantial efforts are still needed in the areas of institutional reform and
incentive-based labor market policy. The book is a must read for political and
economic decision-makers. Prof. Dr. Klaus F. Zimmermann; Director; Institute
for the Study of Labor (IZA), Germany.
A superb piece, well documented, comprehensive and with many useful
insights and policy recommendations, on one of the most important topics in
Europe. A must for all those interested in unemployment and labor market
issues. Javier Santiso; Acting Director and Chief Economist; OECD Development
Centre, France.
in recent years. This publication reviews several theoretical models
that try to explain this phenomenon. Predominantly, these models claim a
link between the poor performance of European labor markets and the high
level of market regulation. Commonly referred to as the Eurosclerosis debate,
prominent approaches consider insider-outsider relationships, search-models,
and the influence of hiring and firing costs on equilibrium employment. The
publication presents empirical evidence of each model and studies the relevance
of the identified rigidities as a determinant of high unemployment in
Europe. Furthermore, a case study analyzes high unemployment rates in
Germany and critically discusses recent reform efforts.
This study provides a sober and unprejudiced analysis of the European labor
market and its weaknesses. According to the author's convincing argument,
substantial efforts are still needed in the areas of institutional reform and
incentive-based labor market policy. The book is a must read for political and
economic decision-makers. Prof. Dr. Klaus F. Zimmermann; Director; Institute
for the Study of Labor (IZA), Germany.
A superb piece, well documented, comprehensive and with many useful
insights and policy recommendations, on one of the most important topics in
Europe. A must for all those interested in unemployment and labor market
issues. Javier Santiso; Acting Director and Chief Economist; OECD Development
Centre, France.
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