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Labour Market Policies and Outcomes in the Enlarged EU
Author(s) -
BRUNO RANDOLPH L.,
ROVELLI RICCARDO
Publication year - 2010
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.2010.02068.x
Subject(s) - generosity , active labour market policies , labour economics , economics , member states , demographic economics , european union , international economics , unemployment , macroeconomics , political science , law
We document and compare labour market institutions, policies and outcomes in the EU Member States, for the period between 1999 and 2006. Higher employment rates are in general positively associated with measures of policy generosity, especially with the use of active labour market policies (ALMP), and negatively with institutions and policies which induce rigidity in the labour market. We also find evidence that the relation between ALMP and employment levels is non‐monotonic and that it is conditional on the informal institutions prevailing in different countries.