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

Alfonso Arpaia () and Gilles MOURRE ()

No 238, European Economy - Economic Papers from Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission

Abstract: 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.

Keywords: labour market performance; labour market institutions; redistributive policies; unemployment dynamics; Arpaia; Mourre (search for similar items in EconPapers)
Date: 2005-12
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Related works:
Working Paper: Labour Market Institutions and Labour Market Performance: A Survey of the Literature (2005)
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Persistent link: http://EconPapers.repec.org/RePEc:euf:ecopap:0238

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