Labour Market Policies in Selected EU Member States: A Comparative and Impact Analysis
AbstractThe purpose of the paper is to analyse the European labour market outcomes under the impact of various labour market policies. More specifically, the paper methodizes the main labour market policies and their role in reducing the level of unemployment. The most important aspects point out the necessary conditions complied by structural reforms in order to stimulate labour employment. The policies that frame a more efficient unemployment insurance system are essential to increase security, while encouraging the unemployed to look for a job and to accept a job offer. The analysis is based on a set of specific labour market indicators and on applying a regression model. We found that high employment rates are generally associated with large expenses on labour market policies. Also, an increased number of participants to programs developed within these types of policies and a low degree of rigidity for specific labour market institutions are reflected in high employment rates. The degree of influence and strong dependence between outcome and policy labour market indicators are illustrated in various ways and discussed within the paper.
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Bibliographic InfoArticle provided by Department of International Business and Economics from the Academy of Economic Studies Bucharest in its journal Romanian Economic Journal.
Volume (Year): 14 (2011)
Issue (Month): 39 (March)
flexicurity policies; labour rigidity; employment protection; unemployment benefits; job search;
Find related papers by JEL classification:
- J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
- J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Gilles Mourre, 2006. "Did the pattern of aggregate employment growth change in the Euro area in the late 1990s?," ULB Institutional Repository 2013/14299, ULB -- Universite Libre de Bruxelles.
- Amuedo-Dorantes, Catalina & Serrano-Padial, Ricardo, 2010. "Labor market flexibility and poverty dynamics," Labour Economics, Elsevier, vol. 17(4), pages 632-642, August.
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