Dal Bianco, S;
Bruno, RL;
Signorelli, M;
(2015)
The joint impact of labour policies and the "Great Recession" on unemployment in Europe.
Economic Systems
, 39
(1)
pp. 3-26.
10.1016/j.ecosys.2014.06.002.
Preview |
Text
Bruno_DalBianco_Bruno_Signorelli_OPEN_access_UCL.pdf - Accepted Version Download (853kB) | Preview |
Abstract
The paper consists of an empirical analysis of the separate as well as joint impacts on total and youth unemployment of indicators of labour market policies on the one hand, and the financial crisis associated with the “Great Recession” on the other. In particular, we investigate labour market data in the past two decades for the Enlarged Europe and adopt a variable accounting for the idiosyncratic severity shock of the crisis. This time-varying and country-specific crisis variable enables us to test empirically and in a novel way the joint impact of labour market policies and the economic crisis on labour market dynamics even when accounting for common macro shocks.
| Type: | Article |
|---|---|
| Title: | The joint impact of labour policies and the "Great Recession" on unemployment in Europe |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.ecosys.2014.06.002 |
| Publisher version: | https://doi.org/10.1016/j.ecosys.2014.06.002 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | Social Sciences, Economics, Business & Economics, Unemployment, Youth unemployment, Crisis, Labour market policies, ASYMMETRIC INFORMATION, TRANSITION, CONTRACTS, MARKETS, SHOCKS, OECD |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10122499 |
Archive Staff Only
 |
View Item |
