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Euro-productivity and euro-jobs since the 1960s: which institutions mattered?

  • GAYLE ALLARD

    ()

    (Instituto de Empresa)

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    How have labor market institutions and welfare-state transfers affected jobs and productivity in Europe? Many studies have tackled this question, with mixed results. This paper proposes an eclectic approach and gives a clearer answer to the issue. Orthodox criticisms of European government institutions are right in some cases and wrong in others. Labor-market policies such as employment protection laws have become more costly since 1980 through their human-capital cost of protecting senior male workers at the expense of women and youth. Product-market regulations may have reduced GDP, though the evidence is less robust

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    File URL: http://latienda.ie.edu/working_papers_economia/WP06-22.pdf
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    Paper provided by Instituto de Empresa, Area of Economic Environment in its series Working Papers Economia with number wp06-22.

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    Length: 36 pages
    Date of creation: May 2006
    Date of revision:
    Handle: RePEc:emp:wpaper:wp06-22
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