Labor Market Policies, Institutions and Employment Rates in the EU-27
AbstractWe compare labor market policies, institutions and outcomes for the EU member states, for the period 2000-2005. We document the main differences in Labor Market Policies across EU members, including new member states after 2004. We focus on indicators of policy generosity (expenditures relative to GDP) and relate these and other policy indicators to indicators of labor market outcomes and performance. Our results show that, on a cross-country basis, higher rates of employment are in general associated with: (i) higher expenditures on labor market policies, especially on active policies for countries with a high pro-work attitude; (ii) a lower degree of rigidity in labor market institutions and in product market regulation.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 3502.
Length: 44 pages
Date of creation: May 2008
Date of revision:
Publication status: published in: Journal of Common Market Studies, 2010, 48 (3), 661-685
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Find related papers by JEL classification:
- J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-07-14 (All new papers)
- NEP-EEC-2008-07-14 (European Economics)
- NEP-LAB-2008-07-14 (Labour Economics)
- NEP-REG-2008-07-14 (Regulation)
- NEP-TRA-2008-07-14 (Transition Economics)
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