The Role of the Labour Market

Charles Wyplosz

Working Papers from Warwick - Development Economics Research Centre

Abstract: This paper reviews the accumulated theory and evidence on the sources of European underperformance in terms of economic growth and unemployment. It takes the view that the main problem lies with labor market institutions, ranging from negotiation structures to hiring and firing costs, unemployment benefits, minimum wages and taxation.

Keywords: LABOUR MARKET; ECONOMIC GROWTH; UNEMPLOYMENT (search for similar items in EconPapers)
JEL-codes: J20 J64 O40 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:fth:warwde:8

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