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

Alfonso Arpaia () and Gilles Mourre

No 238, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial 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)
Pages: 39 pages
Date: 2005-12
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Citations: View citations in EconPapers (41)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:ecopap:0238

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