Unemployment and the role of supranational policies

Juan F Jimeno

IZA World of Labor, 2017, No 390, 390

Abstract: Unemployment in Europe is excessively high on average, and is divergent across countries and population groups within countries. On the one hand, over the past decades, national governments have implemented incomplete institutional reforms to amend dysfunctional labor markets. On the other hand, EU supranational policies—those that transcend national boundaries and governments—have offered only limited financial support for active labor market policies, instead of promoting structural reforms aimed at improving the functioning of European labor markets. Better coordination and a wider scope of EU supranational policies is needed to fight unemployment more effectively.

Keywords: unemployment; labor market institutions; employment policies; structural reforms (search for similar items in EconPapers)
JEL-codes: J08 J38 J58 J65 J68 (search for similar items in EconPapers)
Date: 2017
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