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The EU labour market – between interventionism and neo-liberalism


  • Radu Serban

    () (Romania's Embassy in Brussels)


The “interventionism-liberalism” dichotomy, that defines the EU’s labour markets, is the mirror image of the economic dimension of the European construction approach. The balance is on the neo liberalism part, after the coming of the Barroso Commission and the presidency of Great Britain. Though the Maastricht Treaty stipulates the creation of a unique European market, including a labour market, the European market was divided in the member states’ markets. Even though that is the case, I will use the term “European labour market” and by it I understand the national labour markets from the 25 member states.

Suggested Citation

  • Radu Serban, 2007. "The EU labour market – between interventionism and neo-liberalism," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 10(23), pages 81-86, June.
  • Handle: RePEc:rej:journl:v:10:y:2007:i:23:p:81-86

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    References listed on IDEAS

    1. Baillie, Richard T. & Bollerslev, Tim, 1992. "Prediction in dynamic models with time-dependent conditional variances," Journal of Econometrics, Elsevier, vol. 52(1-2), pages 91-113.
    2. Bollerslev, Tim, 1986. "Generalized autoregressive conditional heteroskedasticity," Journal of Econometrics, Elsevier, vol. 31(3), pages 307-327, April.
    3. Bollerslev, Tim, 1987. "A Conditionally Heteroskedastic Time Series Model for Speculative Prices and Rates of Return," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 542-547, August.
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    More about this item


    EU labour market; interventionism; neo-liberalism;

    JEL classification:

    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General


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