Labour market institutions and labour market performance: A survey of the literature

Author (Corporate)
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Series Details No.238, December 2005
Publication Date December 2005
ISBN 92-894-8877-8
ISSN 1725-3187
EC KC-AI-05-238-EN-C
Content Type ,

This paper presents a selective survey of the recent literature on labour market institutions. It describes the different empirical approaches used to explore the nexus between labour market institutions and labour market performance. It stresses that the effect of institutions is complex in both stock and flow models and that it is also crucial to take into account the interactions they generate among themselves and with macroeconomic shocks.

Source Link http://ec.europa.eu/economy_finance/publications/publication_summary544_en.htm
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