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European(s) labor(s) Market(s)

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  • Gerard Cornilleau

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

Since its foundation the European Union has experienced an increase in the dispersion of its welfare systems. The goal of a Social Union, completing the economic and monetary union, is increasingly out of reach. The absence of a jointly regulated labor market is a destabilizing factor that triggers social competition and wage deflation. To avoid the risks associated with such a situation it is necessary to agree on policies aimed at returning to full employment and to choose between "neo-liberal" or "social" work sharing. The absence of short-term prospects for a complete social harmonization requires the acceptance of jointly managed of social boundaries that allow both the mobility and the effective protection of workers.

Suggested Citation

  • Gerard Cornilleau, 2014. "European(s) labor(s) Market(s)," Post-Print hal-01053898, HAL.
    • Handle: RePEc:hal:journl:hal-01053898
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01053898
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