The Danish labor market, 2000–2022

Torben M. Andersen
Additional contact information
Torben M. Andersen: Aarhus University, Denmark, and IZA, Germany

IZA World of Labor, 2023, No 404v4, 404

Abstract: Denmark is often highlighted as a “flexicurity” country with lax employment protection legislation, generous unemployment insurance, and active labor market policies. This model has coped with the Great Recession and the Covid-19 pandemic, avoiding large increases in long-term and structural unemployment. The recovery from Covid-19 alongside re-openings has been swift, so labor market effects were temporary. A string of recent reforms has boosted labor supply and employment; although fiscal sustainability is ensured, demographic changes challenge the labor market. Real wage growth has been positive and responded—with some lag—to unemployment.

Keywords: flexicurity; business cycles; structural policies; youth unemployment; immigration (search for similar items in EconPapers)
JEL-codes: F44 J1 J6 J61 L1 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://wol.iza.org/uploads/articles/404/pdfs/the-danish-labor-market.pdf (application/pdf)
https://wol.iza.org/articles/the-danish-labor-market (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izawol:journl:2023:n:404

Access Statistics for this article

IZA World of Labor is currently edited by Pierre Cahuc

More articles in IZA World of Labor from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Institute of Labor Economics (IZA) ().