The impact of the economic crisis on EU labour markets: a comparative perspective

Fuente: Organización Internacional del Trabajo (OIT)
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Autor principal: Pasquale Tridico
Formato: Artículo científico
Publicado: International Labour Organization 2013
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author Pasquale Tridico
author_facet Pasquale Tridico
Pasquale Tridico
contents The impact of the economic crisis on EU labour markets: a comparative perspective Pasquale Tridico Using a “crisis management index” to rank the combined GDP and labour market performances of the EU’s 27 Member States, the author considers why some countries performed better than others in managing the economic crisis over the period 2007–11. Based on empirical correlations and regression analysis, he concludes that the best performers share a coordinated market economy model: they feature a mix of economic policies and social institutions – including coordination mechanisms and tighter financial regulation – which helped to stabilize their levels of consumption and aggregate demand. Moreover, they do not have flexible labour markets and thus managed to maintain stable employment levels. 10.1111/j.1564-913X.2013.00176.x DOI https://doi.org/10.1111/j.1564-913X.2013.00176.x publication.journalArticle
format Artículo científico
id ilo_995218843602676
institution Organización Internacional del Trabajo (OIT)
publishDate 2013
publisher International Labour Organization
spellingShingle The impact of the economic crisis on EU labour markets: a comparative perspective
Pasquale Tridico
The impact of the economic crisis on EU labour markets: a comparative perspective Pasquale Tridico Using a “crisis management index” to rank the combined GDP and labour market performances of the EU’s 27 Member States, the author considers why some countries performed better than others in managing the economic crisis over the period 2007–11. Based on empirical correlations and regression analysis, he concludes that the best performers share a coordinated market economy model: they feature a mix of economic policies and social institutions – including coordination mechanisms and tighter financial regulation – which helped to stabilize their levels of consumption and aggregate demand. Moreover, they do not have flexible labour markets and thus managed to maintain stable employment levels. 10.1111/j.1564-913X.2013.00176.x DOI https://doi.org/10.1111/j.1564-913X.2013.00176.x publication.journalArticle
title The impact of the economic crisis on EU labour markets: a comparative perspective
url https://researchrepository.ilo.org/esploro/outputs/journalArticle/The-impact-of-the-economic-crisis/995218843602676