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EMU Challenges European Labor Markets

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Author Info

  • Christiane Krieger-Boden
  • Dirk Dohse
  • Rüdiger Soltwedel

Abstract

This paper discusses the challenges that European Monetary Union (EMU) poses for European labor markets, emphasizing in particular the regional dimension of the European unemployment problem. The authors argue that the inability of labor markets to adjust to shocks is largely a regional problem within EMU member countries, requiring structural reforms to enhance labor market flexibility but also a decentralization of competencies and greater diversity of labor market outcomes. Any attempt to successfully reform European labor markets and “make them fit for EMU” has to take into account the regional–and even a more decentralized firm–perspective.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 99/131.

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Length: 50
Date of creation: 01 Sep 1999
Date of revision:
Handle: RePEc:imf:imfwpa:99/131

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Citations

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Cited by:
  1. Eduard Hochreiter & Klaus Schmidt-Hebbel & Georg Winckler, 2002. "Monetary Union: European Lessons, Latin American Prospects," Working Papers Central Bank of Chile, Central Bank of Chile 167, Central Bank of Chile.
  2. Constantinos Alexiou, 2011. "“When the Bough Breaks” Making Sense of the Greek Economic ‘Waterloo’," International Journal of Economics and Financial Issues, Econjournals, vol. 1(3), pages 123-132, September.
  3. Dohse, Dirk & Krieger-Boden, Christiane & Soltwedel, Rüdiger, 2000. "Emu Challenges Regional Labor Markets," ERSA conference papers ersa00p7, European Regional Science Association.
  4. Floro Ernesto Caroleo & Gianluigi Coppola, 2006. "Le cause dei divari regionali della disoccupazione in Europa," RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO, FrancoAngeli Editore, FrancoAngeli Editore, vol. 2006(1).
  5. Siebert, Horst, 2000. "The Euro : the issues for the future," Kiel Discussion Papers 361, Kiel Institute for the World Economy (IfW).
  6. Floro Ernesto Caroleo & Gianluigi Coppola, 2006. "The Impact of the Institutions on Regional Unemployment Disparities in Europe," Discussion Papers, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy 4_2006, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
  7. Floro Ernesto Caroleo – Gianluigi Coppola & Gianluigi Coppola, 2005. "The Impact of the Institutions on Regional Unemployment Disparities," CELPE Discussion Papers 98, CELPE - Centre of Labour Economics and Economic Policy, University of Salerno, Italy.
  8. Floro Ernesto Caroleo & Gianluigi Coppola, 2005. "The impact of institutions on Regional unemployment disparities," ERSA conference papers ersa05p758, European Regional Science Association.
  9. Anna Zasova & Aleksejs Melihovs, 2005. "Assessment of Labour Market Elasticity in Latvia," Working Papers, Latvijas Banka 2005/03, Latvijas Banka.
  10. Krieger-Boden, Christiane, 1999. "Nationale und regionale Spezialisierungsmuster im europäischen Integrationsprozeß," Open Access Publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy (IfW) 2294, Kiel Institute for the World Economy (IfW).
  11. Sven Arndt, 2002. "The Pros and Cons of North American Monetary Integration," Claremont Colleges Working Papers, Claremont Colleges 2002-09, Claremont Colleges.
  12. Dohse, Dirk, 2000. "Regionen als Innovationsmotoren: zur Neuorientierung in der deutschen Technologiepolitik," Kiel Discussion Papers 366, Kiel Institute for the World Economy (IfW).
  13. Artur Radziwill & Mateusz Walewski, 2003. "Future EMU Membership and Wage Flexibility in Selected EU Candidate Countries," CASE Network Studies and Analyses, CASE-Center for Social and Economic Research 0265, CASE-Center for Social and Economic Research.

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