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Efficiency and Equality in the Labour Market

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Author Info

  • Agell, Jonas

    ()
    (Dept. of Economics, Stockholm University)

Abstract

This paper discusses the costs and benefits of welfare state intervention in the labour market, and argues that many forms of intervention can be justified for efficiency reasons. The paper reviews recent evidence on income inequality and income mobility, and it discusses labour market reforms that may improve efficiency without violating European voters’ preference for equality.

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File URL: http://www2.ne.su.se/paper/wp03_11.pdf
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Bibliographic Info

Paper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2003:11.

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Length: 30 pages
Date of creation: 25 Aug 2003
Date of revision:
Handle: RePEc:hhs:sunrpe:2003_0011

Contact details of provider:
Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
Phone: +46 8 16 20 00
Fax: +46 8 16 14 25
Email:
Web page: http://www.ne.su.se/
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Related research

Keywords: welfare state; collective bargaining; inequality; labour market reform;

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References

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  8. A. B. Atkinson, 1999. "The Economic Consequences of Rolling Back the Welfare State," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011719.
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  11. Daron Acemoglu & Jorn-Steffen Pischke, 1999. "The Structure of Wages and Investment in General Training," Journal of Political Economy, University of Chicago Press, vol. 107(3), pages 539-572, June.
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  37. Atkinson,A.B. & Rainwater,L. & Smeeding,T., 1995. "Income Distribution in European Countries," Cambridge Working Papers in Economics 9535, Faculty of Economics, University of Cambridge.
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Cited by:
  1. Gunther Tichy, 2003. "Die Risikogesellschaft – Ein vernachlässigtes Konzept in der europäischen Stagnationsdiskussion [The Risk Society - An under-researched concept in the European debate on stagnation ]," ITA manu:scripts 03_02, Institute of Technology Assessment (ITA).

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