Lessons Learnt from the Nordics: How to Fight Long-term Unemployment

Erik Bjørsted (), Elva Bova and Signe Dahl ()
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Erik Bjørsted: Economic Council of the Labour Movement (ECLM)
Signe Dahl: Economic Council of the Labour Movement (ECLM)

Intereconomics: Review of European Economic Policy, 2016, vol. 51, issue 3, 172-178

Abstract: Abstract This study examines policies that can successfully address long-term unemployment. It focuses on Denmark and Sweden, where, despite sizeable job losses during the crisis, labour market indicators are at present better than in any other EU country. By looking at the interaction between labour market flexibility (especially in hiring and firing regulations) and passive and active policies, we argue that well-designed active policies matter more than labour market flexibility for employment.

Date: 2016
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DOI: 10.1007/s10272-016-0596-9

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