Prague Economic Papers 2013, 22(1):50-71 | DOI: 10.18267/j.pep.440

Analysis of European Labour Market in the Crisis Context

Gina Cristina Dimian1, Bogdan Ileanu1, Josef Jablonský2, Jan Fábry2
1 Bucharest Academy of Economic Studies, Piata Romana Sq. 6, Romania.
2 University of Economics, Prague, W. Churchill Sq. 4, 13067 Prague 3, Czech Republic (jablon@vse.cz).

The purpose of this paper is to investigate the determinants of labour market dynamics in EU-27 in the recent period and to assess their impact on the process of economic development. The degree of originality is given by our choice to focus on the comparative analysis of two periods of time: 2000-2007, when the European Union as a whole, but especially Central and Eastern European countries as well as Mediterranean ones experienced significant improvements in labour market performances and overall competitiveness and 2008-2010, a recession period characterized by a massive loss of jobs and an equally large increase in unemployment, with anticipated consequences on economic growth. The main interest is to look for the key factors that determine the lasting performances of the leading European economies and possible solutions for ensuring the sustainable growth of the others.

Keywords: unemployment, economic growth, labour market dynamics, social models, global crisis
JEL classification: C23, J21, O14, P50

Published: January 1, 2013  Show citation

ACS AIP APA ASA Harvard Chicago IEEE ISO690 MLA NLM Turabian Vancouver
Dimian, G.C., Ileanu, B., Jablonský, J., & Fábry, J. (2013). Analysis of European Labour Market in the Crisis Context. Prague Economic Papers, 22(1), 50-71. doi: 10.18267/j.pep.440
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. Ahtonen, S. M. (2004), "Matching across Space: Evidence from Finland." Paper presented at 44th European Congress of the European Regional Science Association Porto, Portugal 25th -29th August.
    2. Bachmann, R., Burda, M. C. (2007), "Sectoral Transformation, Turbulence and Labour Market Dynamics in Germany." SFB 649 Discussion Paper 2007-008 "Economic Risk", paper available at: http://sfb649.wiwi.hu-berlin.de. Go to original source...
    3. Biagi, F., Lucifora, C. (2008), "Demographic and Education Effects on Unemployment in Europe." Labour Economics, No.15, pp. 1076-1101. Go to original source...
    4. Boeri, T. (2002), "Let Social Policy Models Compete and Europe Will Win." Paper presented at a conference hosted by the Kennedy School of Government, Harvard University, 11-12 April.
    5. Bouvet, F. (2009), "The Beveridge Curve in Europe: New Evidence Using National and Regional Data." Paper available at: http://euce.org/eusa2009/papers/bouvet_12H.pdf.
    6. Caroleo, F. E., Pastore, F. (2007), "The Youth Experience Gap: Explaining Differences across EU Countries." Quad Dip Econ Fin Stat, No. 41, University of Perugia.
    7. Cazes, S., Verick, S., Heuer, C. (2009), "Labour Market Policies in Times of Crisis." International Labour Office (ILO), Employment Working Paper No. 35.
    8. Dolenc, P., Laporšek, S. (2010), "Tax Wedge on Labour and its Effects on Employment Growth in the European Union." Prague Economic Papers, No.4, pp. 344-358. Go to original source...
    9. Downes, A. S. (2009), "Labour Market Aspects of the Global Economic Crisis." Paper presented at ILO Conference, April 1-2, Jamaica.
    10. EMCO-COM (2010), The Employment Crisis: Policy Responses, Their Effectiveness. And the Way Ahead. Joint Employment Committee and Commission services (EMCO-COM) Paper, Council of The European Union, 31 May, Brussels.
    11. Furia, D., Castagna, A., Mattoscio, N., Scamuffa, D. (2010), "Education and Labour Market in the Age of Globalisation: Some Evidence for EU-27." Procedia Social and Behavioral Sciences No. 9, pp. 1140-1444. Go to original source...
    12. Greene W. (2005), Économétrie, 5 édition. Pearson Education France, in French language, pp. 283-285.
    13. Gujarati, D. N., Porter, D. C. (2009), Basic Econometrics, Mc Graw-Hill International Edition, p. 606.
    14. Hausman, J. A. (1978), "Specification Tests in Econometrics." Econometrica, Vol. 46, No 6, pp. 1251-1271. Go to original source...
    15. Hijman, R. (2009), "The Impact of the Crisis on Employment." EUROSTAT, Statistics in focus, 79/2009.
    16. ILO (2009), Economic Crisis and Labour Market Impacts. International Labour Organization Job Crisis Observatory, 26 October.
    17. ILO (2011), Global Employment Trends 2011. The Challenge of a Jobs Recovery. International Labour Organization.
    18. Kluve, J. (2010), "The Effectiveness of European Active Labour Market Programs." Labour Economics, No.17, pp. 904-918. Go to original source...
    19. Marelli, E. (2004), "Evolution of Employment Structures and Regional Specialization in the EU." Economic Systems, Vol. 28, pp. 35-59. Go to original source...
    20. Nickell, S., Nunziata, L., Ochel, W., Quintini, G. (2002), "The Beveridge Curve, Unemployment and Wages in the OECD from the 1960 to the 1990s." Paper available at: http://www.nuffield.ox.ac.uk/users/nickell/papers/TheBeveridgeCurve.pdf. Go to original source...
    21. OECD (2010), Employment Outlook 2010. Paris: Organization for Economic Cooperation and Development.
    22. Petrongolo, B., Pissarides, C. A. (2001), "Looking into the Black Box: A Survey of the Matching Function." Journal of Economic Literature No. 39, pp. 390-431. Go to original source...
    23. Perugini, C., Signorelli, M. (2007), "Labour Market Performance Differentials and Dynamics in EU-15 Countries and Regions." The European Journal of Comparative Economics, Vol. 4, No. 2, pp. 209-262.
    24. Perugini, C., Signorelli, M. (2010), "Youth Labour Market Performance in European Regions." Economic Change and Restructuring, Vol. 43, No. 2, pp.151-185. Go to original source...
    25. Quintini, G., Martin, S. (2006), "Starting Well or Losing Their Way? The Position of Youth in the Labour Market in OECD Countries." OECD Social Employment and Migration Working Papers, No. 39. Go to original source...
    26. Robson M. (2006), "Sectoral Shifts, Employment Specialization and the Efficiency of Matching: An Analysis Using UK Regional Data." Regional Studies, Vol. 40.7, pp. 743-754. Go to original source...
    27. Rose, A. K., Spiegel, M. M. (2011), "Cross-Country Causes and Consequences of the Crisis: An Update." European Economic Review, No. 55, pp. 309-324. Go to original source...
    28. Rovelli, R., Bruno, R. (2008), "Labor Market Policies, Institutions and Employment Rates in the EU-27." IZA Discussion Paper No. 3502. Go to original source...
    29. Sapir, A. (2006), "Globalization and the Reform of the European Social Models." Journal of Common Market Studies, Vol. 44, No. 2, pp. 369-390. Go to original source...
    30. Wall, H. J., Zoega, G. (2002) "The British Beveridge Curve: A Tale of Ten Regions." Oxford Bulletin of Economics and Statistics, Vol. 64, No. 3, pp. 257-276 Go to original source...
    31. Wasmer, E. (2002), "Labor Supply Dynamics, Unemployment and Human Capital Investments." IZA Discussion Papers No. 463, Institute for the Study of Labor (IZA) Go to original source...

    This is an open access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), which permits non-comercial use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content