Long-term unemployment in the varieties of capitalism
This paper considers how the different varieties of capitalism affect the rate of long-term unemployment. The liberal market variety, where employment protection is the lowest, presents lower rates of long-term unemployment than the continental European, or the Mediterranean varieties. In the latter both employment protection and long-term unemployment are the highest and labour market participation the lowest. But the social-democratic Scandinavian variety gets the best of both worlds: low rates of long-term unemployment, high rates of labour participation, lower degree of inequality, together with relatively high levels of employment protection. Low rates of long-term unemployment and high levels of labour participation are also produced by the far-Eastern Asian variety, but at the cost of a markedly dualistic labour market structure.
|Date of creation:||05 Mar 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alberto Chilosi, 2012. "Stakeholder Protection, Varieties of Capitalism, and Long-Term Unemployment," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 9(2), pages 197-228, August.
- Amable, Bruno, 2003. "The Diversity of Modern Capitalism," OUP Catalogue, Oxford University Press, number 9780199261147, March.
- Andrew E. Clark & Fabien Postel-Vinay, 2004.
"Job security and job protection,"
DELTA Working Papers
2004-16, DELTA (Ecole normale supérieure).
- Andrew Clark & Fabien Postel-Vinay, 2005. "Job security and job protection," LSE Research Online Documents on Economics 19904, London School of Economics and Political Science, LSE Library.
- Clark, Andrew E. & Postel-Vinay, Fabien, 2005. "Job Security and Job Protection," IZA Discussion Papers 1489, Institute for the Study of Labor (IZA).
- Andrew Clark & Fabien Postel-Vinay, 2005. "Job Security and Job Protection," CEP Discussion Papers dp0678, Centre for Economic Performance, LSE.
- Clark, Andrew E & Postel-Vinay, Fabien, 2005. "Job Security and Job Protection," CEPR Discussion Papers 4927, C.E.P.R. Discussion Papers.
- Bruno Amable, 2008.
"Structural reforms in Europe and the (in)coherence of institutions,"
Documents de travail du Centre d'Economie de la Sorbonne
r08063, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Bruno Amable, 2009. "Structural reforms in Europe and the (in)coherence of institutions," Oxford Review of Economic Policy, Oxford University Press, vol. 25(1), pages 17-39, Spring.
- Bruno Amable, 2008. "Structural reforms in Europe and the (in)coherence of institutions," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00340417, HAL.
- Amable, Bruno, 2008. "Structural reforms in Europe and the (in)coherence of institutions," CEPREMAP Working Papers (Docweb) 0809, CEPREMAP.
- John Martin & Stefano Scarpetta, 2012.
"Setting It Right: Employment Protection, Labour Reallocation and Productivity,"
Springer, vol. 160(2), pages 89-116, June.
- Martin, John P. & Scarpetta, Stefano, 2011. "Setting It Right: Employment Protection, Labour Reallocation and Productivity," IZA Policy Papers 27, Institute for the Study of Labor (IZA).
- Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
- David Grubb & Jae-Kap Lee & Peter Tergeist, 2007. "Addressing Labour Market Duality in Korea," OECD Social, Employment and Migration Working Papers 61, OECD Publishing.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:44752. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.