DP1223 Reforming Europe's Labour Market: Political Issues
|Publication Date:||August 1995|
|Keyword(s):||Income Redistribution, Labour Market Institutions, Political Economy, Unemployment|
|JEL(s):||D72, D78, E24, J68|
|Programme Areas:||International Macroeconomics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=1223|
In this paper we study the political issues associated with reform in the European labour market. We first discuss the role played by labour market rigidities in European society, and argue that reform is a difficult task because many regulations and rigidities benefit the majority of the employed. We conclude by analysing possible strategies for successful labour market reform.