Labor market policies and European crises

"<span style="font-size: 11px;">This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in order to stabilize labor incomes and redistribute resources. It proposes a specific stylized model where the tradeoffs facing lab...

Full description

Bibliographic Details
Main Author: Bertola, Giuseppe
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Munich 2013
CESifo
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19122463124919406459-Labor-market-policies-and-euro.htm
Description
Summary:"<span style="font-size: 11px;">This paper studies theoretically and empirically why and how labor policies may reduce productivity and employment in order to stabilize labor incomes and redistribute resources. It proposes a specific stylized model where the tradeoffs facing labor policies are influenced by structural factors, inspects the empirical relevance of this mechanism in European data, and outlines the proposed theoretical perspective&rsquo;s implications for reform design in crisis-hit economies."</span>
Physical Description:29 p.
Digital