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European Labour Markets

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Abstract

Labour taxes and subsidies, collective wage bargaining, and employment protection legislation affect labour market outcomes in European countries more strongly than in other advanced countries. This article outlines theoretical approaches to their motivation and consequences and reviews empirical insights from comparative crosscountry studies of how employment, unemployment, and wage dynamics are shaped by the interaction between institutions, macroeconomic developments, and structural features.

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Authors and Affiliations

  1. http://link.springer.com/referencework/10.1057/978-1-349-95189-5

    Giuseppe Bertola

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  1. Giuseppe Bertola
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Bertola, G. (2018). European Labour Markets. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2512

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