Labour market institutions and labour market performance: A survey of the literature
AbstractThis paper presents a selective survey of the recent literature on labour market institutions. It describes the different empirical approaches used to explore the nexus between labour market institutions and labour market performance. It stresses that the effect of institutions is complex in both stock and flow models and that it is also crucial to take into account the interactions they generate among themselves and with macroeconomic shocks.
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Bibliographic InfoPaper provided by Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers with number 238.
Length: 39 pages
Date of creation: Dec 2005
Date of revision:
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labour market performance; labour market institutions; redistributive policies; unemployment dynamics; Arpaia; Mourre;
Other versions of this item:
- Alfonso Arpaia & Gilles Mourre, 2005. "Labour Market Institutions and Labour Market Performance: A Survey of the Literature," Labor and Demography 0512011, EconWPA.
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