The Role of the Labour Market
This paper reviews the accumulated theory and evidence on the sources of European underperformance in terms of economic growth and unemployment. It takes the view that the main problem lies with labor market institutions, ranging from negotiation structures to hiring and firing costs, unemployment benefits, minimum wages and taxation.
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|Date of creation:||2000|
|Date of revision:|
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Web page: http://www.warwick.ac.uk/fac/soc/Economics/
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