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Lessons From America

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  • Edward Bierhanzl

Abstract

The author points to the contrasting performance of the labour markets of Europe and the United States. He attributes the superior performance of the US to greater labour market flexibility and identifies the areas of unemployment insurance, employment protection and active labour market policies as especially significant. A key element in helping generate better policies is experimentation and decentralisation of decision‐making, something favoured by the distinction between federal and state responsibilities in the US.

Suggested Citation

  • Edward Bierhanzl, 2005. "Lessons From America," Economic Affairs, Wiley Blackwell, vol. 25(3), pages 17-23, September.
    • Handle: RePEc:bla:ecaffa:v:25:y:2005:i:3:p:17-23
    DOI: 10.1111/j.1468-0270.2005.00562.x
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    References listed on IDEAS

    as
    1. Martin, John P. & Grubb, David, 2001. "What works and for whom: a review of OECD countries' experiences with active labour market policies," Working Paper Series 2001:14, IFAU - Institute for Evaluation of Labour Market and Education Policy.
    2. Tomi Ovaska & Russell S. Sobel, 2005. "Entrepreneurship in Post-Socialist Economies," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 21(Fall 2005), pages 8-28.
    3. Robert A. Lawson & Edward Bierhanzl, 2004. "Labor Market Flexibility: An Index Approach to Cross-Country Comparisons," Journal of Labor Research, Transaction Publishers, vol. 25(1), pages 117-126, January.
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    Cited by:

    1. Schneider, Martin R., 2021. "Labor-Management Relations and Varieties of Capitalism," GLO Discussion Paper Series 934, Global Labor Organization (GLO).

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