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Euren Studies

Les études du réseau Euren

Cette publication aborde certains aspects structurels du développement des économies de la zone euro. De nature théorique ou empirique, les études analysent les événements récents dans une vision de moyen terme..

Labour markets in Europe

- N.3 - Novembre 2010

11/12/2010

The responses of individual european members to the common shock that has led to the crisis have been significantly different.There have been very asymmetric responses recorded, both in the evolution of public budgets and in the labour market. It is this last aspect that is analyzed throughout this paper, trying to shed some light on the different behavior observed among country members.

Table des matières :

Introduction

Adjustment on the labour market during the crisis : a comparison Europe-United States
1. Recent trends in productivity in Europe and in the U.S.
2. The consequences of labour market adjustments on the companies’ financial results.
3. What conclusions can be drawn for the future of labour market developments?

Germany’s labour market in the current recession : Why this time is different ?
1. Introduction
2. The reduction in productivity
3. The reduction in average working time
3.1. Long-term trends of average working time
3.2. Working time accounts and corridors
3.3. Extension of the short-time work scheme
3.4. Structural change

The impacts of the economic crisis on the Italian labour market
1. Labour hoarding in Italy
2. The crisis has not hit everybody to the same extent
3. Transition matrices confirm that labour market conditions are worsening
4. Young people are hit hardest

Flexicurity is the cornerstone of efficient labour markets
1.-What we mean by Flexicurity?
2. International measurements of labour markets : why Flexicurity in the 21st century?

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