scholarly journals The Impact of the Crisis on Employment and the Role of Labour Market Institutions

2010 ◽  
Author(s):  
Werner Eichhorst ◽  
Verónica Escudero ◽  
Paul Marx ◽  
Steven Tobin
Keyword(s):  
Labour Market ◽  
Market Institutions ◽  
Labour Market Institutions ◽  
The Impact

scholarly journals Complementarities between Labour Market Institutions and their Causal Impact on Youth Labour Market Outcomes

2020 ◽  
Vol 20 (3) ◽  
Author(s):  
Niall O’Higgins ◽  
Giovanni Pica
Keyword(s):  
Labour Market ◽  
Employment Protection ◽  
Employment Protection Legislation ◽  
Policy Reforms ◽  
Market Institutions ◽  
Market Outcomes ◽  
Labour Market Institutions ◽  
Protection Legislation ◽  
Labour Market Outcomes ◽  
The Impact

AbstractWe analyse theoretically and empirically the effects on young people’s labour market outcomes of two specific labour market institutions and their interaction: employment protection legislation and active labour market policy. The paper examines recent policy reforms in Italy focussing on the impact of the 2012 Fornero reforms of employment protection legislation as well as the initial impact of the EU-wide Youth Guarantee scheme introduced in Italy in March 2014. The paper then examines how these two policy reforms interacted. The analysis first confirms the finding that the Fornero reform increased permanent hires particularly amongst the very youngest workers; it then goes on to find that the YG was indeed successful in increasing the hires of young people, although this operated through a statistically significant increase in female hires on temporary contracts. Third, it finds some evidence of a dampening effect of the YG on EPL reforms as predicted by theory.

scholarly journals Wages and productivity: the role of labour market institutions in OECD countries

Empirica ◽  
2006 ◽  
Vol 33 (4) ◽  
pp. 231-243 ◽  
Author(s):  
Juan Carlos Duque ◽  
Raúl Ramos ◽  
Jordi Suriñach
Keyword(s):  
Labour Market ◽  
Oecd Countries ◽  
Market Institutions ◽  
Labour Market Institutions

scholarly journals Youth employment before and during the crisis: rethinking labour market institutions and work attitudes in Greece

2016 ◽  
Vol 9 (2) ◽  
Author(s):  
Ioannis Dendrinos
Keyword(s):  
Labour Market ◽  
Youth Unemployment ◽  
Social Attitudes ◽  
Youth Employment ◽  
Market Institutions ◽  
Labour Market Institutions ◽  
The Impact ◽  
Policy Proposals ◽  
Unemployment Problem ◽  
Deep Recession

During the Greek crisis, the high and rising youth unemployment rates have created severe concerns about the impact of the deep recession on human capital and social cohesion. However, even in previous times of significant economic growth, both youth unemployment ratio and other related employment indicators had been systematically worse compared to those of the general population, and even more so compared to other European countries. This article demonstrates how institutional and social factors influence youth employment performance, arguing that the youth unemployment problem in Greece has actually structural and persistent root causes. The article concludes with policy proposals towards changes both in labour market institutions and social attitudes.

Negotiating wage (in)equality: changing union strategies in high-wage and low-wage sectors in Czechia and Slovakia

2021 ◽  
pp. 102425892199536
Author(s):  
Monika Martišková ◽  
Marta Kahancová ◽  
Jakub Kostolný
Keyword(s):  
Collective Bargaining ◽  
Labour Market ◽  
Wage Inequality ◽  
Trade Unions ◽  
Wage Bargaining ◽  
Minimum Wages ◽  
High Wage ◽  
Market Institutions ◽  
Labour Market Institutions ◽  
The Impact

Reducing wage inequality requires an understanding of the importance of labour market institutions, in particular statutory minimum wages and sectoral collective bargaining. This article argues that the impact of labour market institutions on wage inequality is enhanced by specific strategies of unions and employers. Empirical evidence is provided from the high-wage automotive sector and the low-wage retail sector in Czechia and Slovakia. Against the backdrop of the erosion of collective wage bargaining, trade unions have prioritised increases in the national statutory minimum wage as a mechanism for reducing wage inequalities. Trade unions’ leverage on minimum wages can compensate for their declining influence on wage distribution via collective bargaining.

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