Wages, Employment and Productivity in EU and USA
AbstractWe analyse the evolution of regional employment in EU countries, and present some econometric models which relate employment with wages, economic growth and productivity. This study points to the main causes the important regional disparities of wages and rates of employment that exist in EU15 and EU24, as well as the low level of the average rate of employment in comparison with the USA and other areas. Finally we suggest some European policies that should be have into account in order to foster employment and real wages in the less developed regions as well as the average rate of employment of European Union.
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Bibliographic InfoPaper provided by European Regional Science Association in its series ERSA conference papers with number ersa04p460.
Date of creation: Aug 2004
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-11-09 (All new papers)
- NEP-EEC-2005-11-09 (European Economics)
- NEP-GEO-2005-11-09 (Economic Geography)
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