Does Eurosclerosis Matter? : Institutional Reform and Labor Market Performance in Central and Eastern Europe

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Does Eurosclerosis Matter? : Institutional Reform and Labor Market Performance in Central and Eastern Europe

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  • 製本 Paperback:紙装版/ペーパーバック版/ページ数 72 p.
  • 言語 ENG
  • 商品コード 9780821350904
  • DDC分類 331.12094

Full Description

Whether or not labour market rigidities are an important contributor to persistently high levels of unemployment remains at the centre of an important debate in Europe. European labour markets are often viewed as rigid and inflexible in opposition to those in North America where legislation is less protective and fosters more mobility. This paper shows that the labour market policies adopted by Central and Eastern European countries, aspiring to join the European Union, do not appear excessively rigid. However, significant and wide-ranging economic reform programs make it difficult to assess the impact of labour market institutions.

Table of Contents

Foreword                                           vi
Abstract vii
Acknowledgments viii
Introduction 1 (2)
How Flexible Are Labor Markets in CEE 3 (14)
Countries? An Analysis of Labor Market
Institutions in the 1990s
Employment Protection Legislation 4 (3)
Passive and Active Labor Market Policies 7 (5)
Strength of Unions and Tax Burden on Labor 12 (5)
Output and Labor Market Dynamics in the 17 (8)
Transition
Output 17 (1)
Employment, Unemployment, Labor Force 18 (7)
Participation and Wages
What Explains These Labor Market Dynamics? 25 (12)
Macroeconomic Stabilization Policies 25 (2)
Structural Reforms 27 (2)
Labor Market Institutions 29 (8)
Conclusions 37 (1)
Annex I. Additional Tables and Figures 38 (13)
Annex II. Constructing the Employment 51 (5)
Protection Legislation Index
Annex III. Trade Unions and Collective 56 (4)
Bargaining in the EU Accession Countries
References 60