Unemployment in Europe: what does it take to bring it down?

"Unemployment in Europe is not only “too high”. It is also too different across countries, belonging to a monetary union. In this paper we i) document this increasing heterogeneity, ii) try to explain it, and iii) draw from our diagnosis indications as to the appropriate set of policies to redu...

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Bibliographic Details
Main Authors: Boeri, Tito, Jimeno, Juan F.
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Frankfurt am Main 2015
ECB
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19100576124919287589-unemployment-in-europe-what-do.htm
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author Boeri, Tito
Jimeno, Juan F.
author_facet Boeri, Tito
Jimeno, Juan F.
collection Library items
description "Unemployment in Europe is not only “too high”. It is also too different across countries, belonging to a monetary union. In this paper we i) document this increasing heterogeneity, ii) try to explain it, and iii) draw from our diagnosis indications as to the appropriate set of policies to reduce unemployment and labour market disparities. Our analysis suggests that the divergence in labour market outcomes across Europe is the by-product of interactions between, on the one hand, the size and nature of shocks, and, on the other hand, country-specific labour market institutions. We argue that EU policy co-ordination and conditionality during the Great Recession and the Euro debt crisis did not properly take into account these interactions. We also propose a change in the European policy approach to fight unemployment."
format TEXT
geographic EU countries
id 19100576124919287589_696b0c2995ac4246b633549a231c2bb9
institution ETUI-European Trade Union Institute
is_hierarchy_id 19100576124919287589_696b0c2995ac4246b633549a231c2bb9
is_hierarchy_title Unemployment in Europe: what does it take to bring it down?
language English
physical 35 p.
Digital
publishDate 2015
publisher Frankfurt am Main
ECB
spellingShingle Boeri, Tito
Jimeno, Juan F.
EU policy
labour market
unemployment
labour market policy
Unemployment in Europe: what does it take to bring it down?
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=107870292505
title Unemployment in Europe: what does it take to bring it down?
topic EU policy
labour market
unemployment
labour market policy
url https://www.labourline.org/KENTIKA-19100576124919287589-unemployment-in-europe-what-do.htm