Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe
This paper examines the labor market dynamics of six CEE countries over the last 10 years, paying special attention to the nature of labor market institutions these countries have adopted and their impact on labor market performance. This paper fin...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2002/01/1811294/eurosclerosis-matter-institutional-reform-labor-market-performance-central-eastern-europe http://hdl.handle.net/10986/14093 |
| Summary: | This paper examines the labor market
dynamics of six CEE countries over the last 10 years, paying
special attention to the nature of labor market institutions
these countries have adopted and their impact on labor
market performance. This paper finds that, compared to EU
countries, CEE countries fall in the "middle" of
the flexibility scale regarding their employment protection
legislation. While the effect of labor market institutions
is hard to uncover, it should not be disregarded and they
are likely to play an important role in the coming years. |
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