test
Search publications, data, projects and authors

Free full text available

Text

French

ID: <

hdl:/2441/711

>

Where these data come from
Institutional disparities and flexibility of labour markets in the EU

Abstract

Comparison of labour market institutions in EU countries shows a wide variety of functioning and regulation. This is a potential source of divergence between European countries. As such, it could be an obstacle to the proper functioning of the Economic and Monetary Union and require some harmonisation. However, this institutional disparity must indeed lead to differences in wage and employment formation. However, empirical analysis of the macroeconomic adjustment of wages and employment provides a priori more homogeneous picture of situations across countries. Moreover, differences in adjustment between European countries do not overlap with institutional disparities. In particular, labour markets with very different functions, such as those in the United Kingdom and the Netherlands, are characterised by similar responses of wages and employment to the economic environment.

Your Feedback

Please give us your feedback and help us make GoTriple better.
Fill in our satisfaction questionnaire and tell us what you like about GoTriple!