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Formal and informal labour markets: Challenges and policy in the Central and Eastern European new EU members and candidate countries

Friedrich Schneider () and Christina Burger ()
Additional contact information
Christina Burger: Economic Policy Unit, Ministry for Economic Affairs and Labour, Austria

No 2004-05, Economics working papers from Department of Economics, Johannes Kepler University Linz, Austria

Abstract: The paper aims at comparing the formal and informal labour markets in the Central and Eastern European new EU Member States and candidate countries of the European Union. First, the current situation of the labour market is described, focusing on the recent developments since the breaking up of the East. Then the policy design of these labour markets is depicted and its effects on formal and informal labour markets. The most important challenges for employment policy as well as the effects of enlargement on the labour markets are analysed. The paper ends with a short summary.

Keywords: Formal and informal labour markets; shadow economy; labour market policy; unemployment; employment; wage compensation; labour market regulation (search for similar items in EconPapers)
JEL-codes: J21 J23 H26 H11 O17 O57 (search for similar items in EconPapers)
Date: 2004-06
New Economics Papers: this item is included in nep-eec and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
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Journal Article: Formal and Informal Labour Markets: Challenges and Policy in the Central and Eastern European New EU Members and Candidate Countries (2005) Downloads
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