Unemployment and Labor Market Rigidities - Theory, Empirical Evidence and Recent Labor Market Reforms - Denis Drechsler - Books - VDM Verlag Dr. Mueller e.K. - 9783836429665 - September 28, 2007
In case cover and title do not match, the title is correct

Unemployment and Labor Market Rigidities - Theory, Empirical Evidence and Recent Labor Market Reforms

Denis Drechsler

Price
£ 38.49

Ordered from remote warehouse

Expected delivery Dec 2 - 11
Christmas presents can be returned until 31 January
Add to your iMusic wish list

Unemployment and Labor Market Rigidities - Theory, Empirical Evidence and Recent Labor Market Reforms

Many European countries have experienced a significant increase of unemployment in recent years. This publication reviews several theoretical models that try to explain this phenomenon. Predominantly, these models claim a link between the poor performance of European labor markets and the high level of market regulation. Commonly referred to as the Eurosclerosis debate, prominent approaches consider insider-outsider relationships, search-models, and the influence of hiring and firing costs on equilibrium employment. The publication presents empirical evidence of each model and studies the relevance of the identified rigidities as a determinant of high unemployment in Europe. Furthermore, a case study analyzes high unemployment rates in Germany and critically discusses recent reform efforts. This study provides a sober and unprejudiced analysis of the European labor market and its weaknesses. According to the author's convincing argument, substantial efforts are still needed in the areas of institutional reform and incentive-based labor market policy. The book is a must read for political and economic decision-makers. Prof. Dr. Klaus F. Zimmermann; Director; Institute for the Study of Labor (IZA), Germany. A superb piece, well documented, comprehensive and with many useful insights and policy recommendations, on one of the most important topics in Europe. A must for all those interested in unemployment and labor market issues. Javier Santiso; Acting Director and Chief Economist; OECD Development Centre, France.

Media Books     Paperback Book   (Book with soft cover and glued back)
Released September 28, 2007
ISBN13 9783836429665
Publishers VDM Verlag Dr. Mueller e.K.
Pages 84
Dimensions 149 g
Language English  

Show all

More by Denis Drechsler