Effects of labour market institutions on unemployment and employment creation

In this paper, the role played by institutions in labour markets and their effects on labour Qutcomes are presented. The results show that, first, the flexible and rigid labour market models do not exit, instead, there are intermediate labour market models. Second, many features of the labour market...

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Detalles Bibliográficos
Autor: Cabo Serrano, Gema de
Tipo de recurso: informe técnico
Fecha de publicación:1999
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/64223
Acceso en línea:https://hdl.handle.net/20.500.14352/64223
Access Level:acceso abierto
Palabra clave:Rigidity
Unemployment
Employment creation.
Trabajo
Descripción
Sumario:In this paper, the role played by institutions in labour markets and their effects on labour Qutcomes are presented. The results show that, first, the flexible and rigid labour market models do not exit, instead, there are intermediate labour market models. Second, many features of the labour market, usually viewed as serious rigidities, have slight impact on unemployment. And finally, a wide range of Labour market institutions have cumulative effects on unemployment and employment creation, wich can be amplified under specific combination of institutions.