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Comparing Labor Market Performance: Some Stylized Facts and Key Findings

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  • Josef C Brada

    (Department of Economics, Arizona State University, Tempe, AZ 85287-3806, USA.)

  • Marcello Signorelli

    (Department of Economics, Finance and Statistics, University of Perugia, via A. Pascoli, 20, 06123 Perugia, Italy.)

Abstract

Comparative evidence based on key labor market performance indicators is discussed for the US, Japan and Europe in a long-run perspective and, especially, showing the impact of the financial crisis and Great Recession. As for Europe, the huge national and regional level differences are highlighted. In addition, some key findings on labor market performance raised by the empirical studies published in this issue are briefly presented in the wider context of the existing literature and their policy implications are explored.

Suggested Citation

  • Josef C Brada & Marcello Signorelli, 2012. "Comparing Labor Market Performance: Some Stylized Facts and Key Findings," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 54(2), pages 231-250, June.
    • Handle: RePEc:pal:compes:v:54:y:2012:i:2:p:231-250
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    4. Elisabetta Croci Angelini & Francesco Farina & Enzo Valentini, 2020. "Wage and employment by skill levels in technological evolution of South and East Europe," Journal of Evolutionary Economics, Springer, vol. 30(5), pages 1497-1514, November.
    5. Signorelli, Marcello & Choudhry, Misbah Tanveer, 2015. "Symposium: Youth labour market and the “Great Recession”," Economic Systems, Elsevier, vol. 39(1), pages 1-2.
    6. Sandra Martínez Molina & Elisa Valía Cotanda & Jorge Garcés Ferrer, 2016. "Labour Resilience and Vulnerable Groups in Times of Crisis: A Comparative Study in Eleven European Countries," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 2, September.
    7. HAVLIK, Peter, 2012. "Economic Transitions in Central and Eastern Europe: Any Lessons for the Arab Spring?," RRC Working Paper Series 36, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    8. Dal Bianco, Silvia & Bruno, Randolph L. & Signorelli, Marcello, 2015. "The joint impact of labour policies and the “Great Recession” on unemployment in Europe," Economic Systems, Elsevier, vol. 39(1), pages 3-26.
    9. Iva TOMIĆ, 2018. "What drives youth unemployment in Europe? Economic vs non‐economic determinants," International Labour Review, International Labour Organization, vol. 157(3), pages 379-408, September.

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