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The West European employment problem

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  • Assar Lindbeck

Abstract

How do we explain the poor employment performance in Western Europe since about the mid-1970s? This question is in fact twofold : what initiated the dramatic rise in unemployment, and what mechanisms have make it continue for so long. My attempts to answer these questions form the basis for a discussion of various policy options. A main point of the paper is the complex interaction, often in the form of complementarities, between different explanatory factors behind the West European employment problem.
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Suggested Citation

  • Assar Lindbeck, 1996. "The West European employment problem," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 132(4), pages 609-637, December.
    • Handle: RePEc:spr:weltar:v:132:y:1996:i:4:p:609-637
    DOI: 10.1007/BF02707585
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    References listed on IDEAS

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    1. David T. Coe & Dennis J. Snower, 1997. "Policy Complementarities: The Case for Fundamental Labor Market Reform," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 1-35, March.
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    More about this item

    Keywords

    E24;

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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