Labor Market Policies and Outcomes: Cross Country Evidence for the EU-27
AbstractWe conduct a comparative analysis of Labor Market Policies and outcomes for the EU member states, for the period 2000-2005. We document the main differences in Labor Market Policies across EU members, including new member states after 2004. We focus on indicators of policy generosity (expenditures relative to GDP) and relate these and other policy indicators to indicators of labor market outcomes and performance. Our results show that, on a cross-country basis, higher rates of employment are in general associated with: (i) higher expenditures on labor market policies, especially on active policies; (ii) a lower degree of rigidity in labor market institutions and in product market regulation.
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Bibliographic InfoPaper provided by Dipartimento Scienze Economiche, Universita' di Bologna in its series Working Papers with number 614.
Date of creation: Nov 2007
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Other versions of this item:
- Rovelli, Riccardo & Bruno, Randolph Luca, 2007. "Labor Market Policies and Outcomes: Cross Country Evidence for the EU-27," IZA Discussion Papers 3161, Institute for the Study of Labor (IZA).
- J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-12-08 (All new papers)
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