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Labour supply and employment in the euro area countries - developments and challenges

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Author Info

  • Klaus Masuch
  • Ramon Gómez-Salvador
  • Nadine Leiner-Killinger
  • Rolf Strauch
  • Jarkko Turunen
  • Melanie Ward-Warmedinger
  • Jan De Mulder
  • Harald Stahl
  • Yvonne McCarthy
  • Daphne Nicolitsas
  • Aitor Lacuesta
  • Mathilde Ravanel
  • Piero Cipollone
  • Christelle Olsommer
  • Alfred Stiglbauer
  • Álvaro Novo
  • Klara Stovicek
  • Heidi Schauman
  • Almut Balleer
  • Kieran McQuinn
  • Pasqualino Montanaro
  • Alfonso Rosolia
  • Eliana Viviano
  • Cláudia Filipa Duarte
  • Matija Vodopivec

Abstract

The aim of this report, which has been prepared by a Task Force of the Monetary Policy Committee of the Eurosystem, is to describe and analyse the main developments in labour supply and its determinants in the euro area, review the links between labour supply and labour market institutions, assess how well labour supply reflects the demand for labour in the euro area and identify the future challenges for policy-makers. The data available for this report generally cover the period from 1983 to spring 2007. JEL Classification: E5, J1, J2, J6.

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File URL: http://www.ecb.europa.eu/pub/pdf/scpops/ecbocp87.pdf
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Bibliographic Info

Paper provided by European Central Bank in its series Occasional Paper Series with number 87.

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Length: 123 pages
Date of creation: Jun 2008
Date of revision:
Handle: RePEc:ecb:ecbops:20080087

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Related research

Keywords: Labour supply; employment; participation; hours worked; immigration; skill and education; structural policies; labour demand; unemployment; euro area countries; labour markets; taxes and benefits; childcare; pensions; training; human capital; labour quality; working time and contracts; discrimination; mismatch; returns to education.;

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References

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  1. Sabine Herrmann & Eva Katalin Polgar, 2007. "Understanding price developments and consumer price indices in south-eastern Europe," Occasional Paper Series 57, European Central Bank.
  2. Andre C. Silva, 2012. "Taxes and Labor Supply: Portugal, Europe, and the United States," FEUNL Working Paper Series wp561, Universidade Nova de Lisboa, Faculdade de Economia.
  3. Philippe Moutot & Alexander Jung & Francesco Paolo Mongelli, 2008. "The working of the eurosystem - monetary policy preparations and decision-making – selected issues," Occasional Paper Series 79, European Central Bank.
  4. Uwe Böwer & André Geis & Adalbert Winkler, 2007. "Commodity price fluctuations and their impact on monetary and fiscal policies in Western and Central Africa," Occasional Paper Series 60, European Central Bank.
  5. Magdalena Morgese Borys & Éva Katalin Polgár & Andrei Zlate, 2008. "Real convergence and the determinants of growth in EU candidate and potential candidate countries - a panel data approach," Occasional Paper Series 86, European Central Bank.
  6. K. Barhoumi & S. Benk & R. Cristadoro & A. Den Reijer & A. Jakaitiene & P. Jelonek & A. Rua & K. Ruth & C. Van Nieuwenhuyze & G. Rünstler, 2008. "Short-term forecasting of GDP using large monthly datasets – A pseudo real-time forecast evaluation exercise," Working Paper Research 133, National Bank of Belgium.
  7. Carlos Bowles & Roberta Friz & Veronique Genre & Geoff Kenny & Aidan Meyler & Tuomas Rautanen, 2007. "The ECB survey of professional forecasters (SPF) – A review after eight years’ experience," Occasional Paper Series 59, European Central Bank.
  8. Juan Angel Garcia & Adrian van Rixtel, 2007. "Inflation-linked bonds from a Central Bank perspective," Occasional Paper Series 62, European Central Bank.
  9. Markus Baltzer & Lorenzo Cappiello & Roberto A. De Santis & Simone Manganelli, 2008. "Measuring financial integration in new EU member states," Occasional Paper Series 81, European Central Bank.
  10. Ursel Baumann & Filippo di Mauro, 2007. "Globalisation and euro area trade: Interactions and challenges," Occasional Paper Series 55, European Central Bank.
  11. Roland Beck & Annette Kamps & Elitza Mileva, 2007. "Long-term growth prospects for the Russian economy," Occasional Paper Series 58, European Central Bank.
  12. Philipp Hartmann & Florian Heider & Elias Papaioannou & Marco Lo Duca, 2007. "The role of financial markets and innovation in productivity and growth in Europe," Occasional Paper Series 72, European Central Bank.
  13. Thierry Bracke & Matthieu Bussière & Michael Fidora & Roland Straub, 2008. "A framework for assessing global imbalances," Occasional Paper Series 78, European Central Bank.
  14. Cappiello, Lorenzo & Gérard, Bruno & Kadareja, Arjan & Manganelli, Simone, 2006. "Financial integration of new EU Member States," Working Paper Series 0683, European Central Bank.
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Citations

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Cited by:
  1. Hans Pitlik & Margit Schratzenstaller, 2011. "Growth Implications of Structure and Size of Public Sectors," WIFO Working Papers 404, WIFO.
  2. Balleer, Almut & Gómez-Salvador, Ramón & Turunen, Jarkko, 2009. "Labour force participation in the euro area: a cohort based analysis," Working Paper Series 1049, European Central Bank.

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