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

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  • Gerard Cornilleau

    (Observatoire français des conjonctures économiques)

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.

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  • Gerard Cornilleau, 2014. "European(s) labor(s) Market(s)," Sciences Po publications info:hdl:2441/7ni1b4livh9, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/7ni1b4livh96spdlr6mukgsld8
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    1. Didier Blanchet & Jean-Alain Monfort, 2002. "Croissance, transferts et inégalités entre générations," Economie & Prévision, La Documentation Française, pages 79-94.
    2. Blanchflower, David G. & Oswald, Andrew J., 2004. "Well-being over time in Britain and the USA," Journal of Public Economics, Elsevier, vol. 88(7-8), pages 1359-1386, July.
    3. Easterlin, Richard A, 2001. "Income and Happiness: Towards an Unified Theory," Economic Journal, Royal Economic Society, vol. 111(473), pages 465-484, July.
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