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On the benefits from rigid labour markets : norms, market failures,and social insurance
Uppsala universitet, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Samhällsvetenskapliga fakulteten, Nationalekonomiska institutionen.
1998 (engelsk)Rapport (Annet vitenskapelig)
Abstract [en]

The common view that far-reaching labour market deregulation is the only remedy for high European unemployment is too simplistic. First, the evidence suggests that deeply rooted social customs are an important cause of wage rigidity, going beyond the legal constraints emphasized in the political debate. Second, in a second-best setting, a compressed wage structure may generate an efficiency gain. Finally, based on simple plots of the relation between labour market institutions and openness in OECD countries, I conclude that the globalization of economic activity may lead to increased demand for various labour market rigidities.

sted, utgiver, år, opplag, sider
Uppsala: Nationalekonomiska institutionen , 1998. , s. 29
Serie
Working paper, ISSN 0284-2904
Emneord [en]
Economics
Emneord [sv]
Nationalekonomi
HSV kategori
Identifikatorer
URN: urn:nbn:se:uu:diva-2424ISBN: 99-2710296-8 (tryckt)OAI: oai:DiVA.org:uu-2424DiVA, id: diva2:128685
Tilgjengelig fra: 1998-01-01 Laget: 1998-01-01

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Totalt: 774 treff
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