Labor Markets and Social Security: Issues and Policy Options in the U.S. and Europe

Overview

These continue to be difficult times for the labor markets of the industrialized nations. Shifts in labor demand, deregulatory impulses, and the ongoing process of globalization have each impacted the labor markets of the United States and Europe. In the face of the globalization of economic relations and the challenge of the NICs, employment has stagnated in some member states of the EU - in sharp contrast to the United States. Even though several European countries have introduced seemingly successful labor ...

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Overview

These continue to be difficult times for the labor markets of the industrialized nations. Shifts in labor demand, deregulatory impulses, and the ongoing process of globalization have each impacted the labor markets of the United States and Europe. In the face of the globalization of economic relations and the challenge of the NICs, employment has stagnated in some member states of the EU - in sharp contrast to the United States. Even though several European countries have introduced seemingly successful labor market reforms, whether Euroland as a whole will be able to cope with heterogeneous labor market dynamics and rising immigration is an open question. This theme provides the backdrop to this book. Its main focus is on labor market rules, unemployment, and aspects of the social security system. Theory and practice receive equal attention. Options for reforming labor markets and the social security system provide the policy content.

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Product Details

  • ISBN-13: 9783642534621
  • Publisher: Springer Berlin Heidelberg
  • Publication date: 4/30/2014
  • Edition description: 2nd ed. 2004. Softcover reprint of the original 2nd ed. 2003
  • Edition number: 2
  • Pages: 404
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.85 (d)

Table of Contents

Introduction 1
A International Trade and the Position of European Low Skilled Labour 13
B EU Enlargement, Migration and the Labour Market: A Tentative Assessment 35
C Structural Unemployment in Europe: A Bird's-Eye View 57
Comments on: Structural Unemployment in Europe - A Bird's-Eye View 79
D Alternative Subsidies for Low-Wage Employment 83
Comments on: Alternative Subsidies for Low-Wage Employment 101
E Short- and Long-Term Unemployment: A Discrete Duration Model with Time-Varying Covariate Effects 105
F Sectoral Employment Elasticities in Germany 119
Comments on: Sectoral Employment Elasticities in Germany 145
G New Firms and Creating Employment 149
Comments on: New Firms and Creating Employment 179
H Job Creation in the European Information Society 183
Comments on: Job Creation in the European Information Society 199
I Maastricht - Implications of a Centralized Monetary and Currency Policy for Employment in Europe 203
Comments on: Maastricht - Implications of a Centralized Monetary and Currency Policy for Employment in Europe 243
J Towards Full Employment and Growth in the European Union 247
Comments on: Towards Full Employment and Growth in the European Union 299
K Optimal Unemployment Insurance in a Federation 303
L Employment and Wage Effects of Social Security Financing - An Empirical Analysis of the West German Experience and Some Policy Simulations 319
M Economic Effects of Continuous Training 345
N Social Security Reforms in Europe 367
List of Figures 383
List of Tables 385
List of Contributors 387
Index 389
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