Preview
This chapter examines the factors behind the regulation-unemployment relationship. It shows that employment regulation works indirectly, via its effect on the flows between unemployment and employment. It depresses both total and youth outflows, as does the duration of unemployment benefits for the ‘total’. The effect of rigidities is strong, and an excess of low-skilled workers appears to ‘crowd-out’ the youth. Early retirement worsens the unemployment problem.
Keywords: labour market; labour policy; regulation; unemployment
Chapter. 5433 words.
Subjects: Comparative Politics
Go to Oxford Scholarship Online » abstract
Full text: subscription required
How to subscribe Recommend to my Librarian
Buy this work at Oxford University Press »
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.