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Euro-productivity and euro-jobs since the 1960s: which institutions mattered?

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  • GAYLE ALLARD

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    (Instituto de Empresa)

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    Abstract

    How have labor market institutions and welfare-state transfers affected jobs and productivity in Europe? Many studies have tackled this question, with mixed results. This paper proposes an eclectic approach and gives a clearer answer to the issue. Orthodox criticisms of European government institutions are right in some cases and wrong in others. Labor-market policies such as employment protection laws have become more costly since 1980 through their human-capital cost of protecting senior male workers at the expense of women and youth. Product-market regulations may have reduced GDP, though the evidence is less robust

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    File URL: http://latienda.ie.edu/working_papers_economia/WP06-22.pdf
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    Bibliographic Info

    Paper provided by Instituto de Empresa, Area of Economic Environment in its series Working Papers Economia with number wp06-22.

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    Length: 36 pages
    Date of creation: May 2006
    Date of revision:
    Handle: RePEc:emp:wpaper:wp06-22

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    Keywords: Productivity; Employment protection legislation; unemployment benefits; social spending; welfare state;

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    Cited by:
    1. Gayle Allard & Cristina Simon & Raquel Martin, 2007. "Capturing Talent: Generation Y and European Labor Markets," Working Papers Economia wp07-15, Instituto de Empresa, Area of Economic Environment.

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