Does Eurosclerosis Matter?

Does Eurosclerosis Matter?

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qWhether or not labor market rigidities are an important contributor to persistently high levels of unemployment remains at the center of an important debate in Europe. European labor 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 labor 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 labor market institutions.qInstitutional Reform and Labor Market Performance in Central and Eastern Europe Michelle Riboud, Carolina SAinchez-PAiramo, Carlos Silva-Jauregui. Table AIM EPL Index: ... and Slovak Labor Code. 1/ Based on proposed code. Annex III.

Title:Does Eurosclerosis Matter?
Author: Michelle Riboud, Carolina Sánchez-Páramo, Carlos Silva-Jauregui
Publisher:World Bank Publications - 2002

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