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...

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Main Authors: Riboud, Michelle, Sánchez-Páramo, Carolina, Silva-Jáuregui, Carlos
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
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
id okr-10986-14093
recordtype oai_dc
spelling okr-10986-140932021-04-23T14:03:11Z Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe Riboud, Michelle Sánchez-Páramo, Carolina Silva-Jáuregui, Carlos BANK OF SLOVENIA DEMOGRAPHICS DISMISSAL ECOLOGY ECONOMIC REFORM ECONOMIC SECTORS EMPLOYMENT EMPLOYMENT EMPLOYMENT GROWTH EXCHANGE RATE FINANCIAL CRISES FINANCIAL INTEGRATION HIGH UNEMPLOYMENT INCOME INFLATION INSURANCE LABOR FORCE LABOR FORCE PARTICIPATION LABOR LEGISLATION LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET POLICIES LABOR MARKETS LAWS LEGISLATION MARKET INSTITUTIONS MINIMUM WAGE MINIMUM WAGES PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH REAL WAGES TEMPORARY EMPLOYMENT TRADE UNIONS UNEMPLOYED UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT LEVELS UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGES WATER PRICING YOUTH EUROPEAN INTEGRATION INSTITUTIONAL REFORM LABOR MARKET POLICY PERFORMANCE CRITERIA EMPLOYMENT SECURITY SOCIAL PROTECTION SYSTEMS LABOR LAWS & LEGISLATION EUROPEAN UNION MEMBERSHIP 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. 2013-06-20T20:36:12Z 2013-06-20T20:36:12Z 2002 http://documents.worldbank.org/curated/en/2002/01/1811294/eurosclerosis-matter-institutional-reform-labor-market-performance-central-eastern-europe 0-8213-5090-0 http://hdl.handle.net/10986/14093 English en_US World Bank Technical Paper;No. 519 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Europe and Central Asia Eastern Europe
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic BANK OF SLOVENIA
DEMOGRAPHICS
DISMISSAL
ECOLOGY
ECONOMIC REFORM
ECONOMIC SECTORS
EMPLOYMENT
EMPLOYMENT
EMPLOYMENT GROWTH
EXCHANGE RATE
FINANCIAL CRISES
FINANCIAL INTEGRATION
HIGH UNEMPLOYMENT
INCOME
INFLATION
INSURANCE
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR LEGISLATION
LABOR MARKET
LABOR MARKET ADJUSTMENT
LABOR MARKET POLICIES
LABOR MARKETS
LAWS
LEGISLATION
MARKET INSTITUTIONS
MINIMUM WAGE
MINIMUM WAGES
PRIVATIZATION
PRODUCTIVITY
PRODUCTIVITY GROWTH
REAL WAGES
TEMPORARY EMPLOYMENT
TRADE UNIONS
UNEMPLOYED
UNEMPLOYMENT
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT LEVELS
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
WAGES
WATER PRICING
YOUTH EUROPEAN INTEGRATION
INSTITUTIONAL REFORM
LABOR MARKET POLICY
PERFORMANCE CRITERIA
EMPLOYMENT SECURITY
SOCIAL PROTECTION SYSTEMS
LABOR LAWS & LEGISLATION
EUROPEAN UNION MEMBERSHIP
spellingShingle BANK OF SLOVENIA
DEMOGRAPHICS
DISMISSAL
ECOLOGY
ECONOMIC REFORM
ECONOMIC SECTORS
EMPLOYMENT
EMPLOYMENT
EMPLOYMENT GROWTH
EXCHANGE RATE
FINANCIAL CRISES
FINANCIAL INTEGRATION
HIGH UNEMPLOYMENT
INCOME
INFLATION
INSURANCE
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR LEGISLATION
LABOR MARKET
LABOR MARKET ADJUSTMENT
LABOR MARKET POLICIES
LABOR MARKETS
LAWS
LEGISLATION
MARKET INSTITUTIONS
MINIMUM WAGE
MINIMUM WAGES
PRIVATIZATION
PRODUCTIVITY
PRODUCTIVITY GROWTH
REAL WAGES
TEMPORARY EMPLOYMENT
TRADE UNIONS
UNEMPLOYED
UNEMPLOYMENT
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT LEVELS
UNEMPLOYMENT RATE
UNEMPLOYMENT RATES
WAGES
WATER PRICING
YOUTH EUROPEAN INTEGRATION
INSTITUTIONAL REFORM
LABOR MARKET POLICY
PERFORMANCE CRITERIA
EMPLOYMENT SECURITY
SOCIAL PROTECTION SYSTEMS
LABOR LAWS & LEGISLATION
EUROPEAN UNION MEMBERSHIP
Riboud, Michelle
Sánchez-Páramo, Carolina
Silva-Jáuregui, Carlos
Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe
geographic_facet Europe and Central Asia
Eastern Europe
relation World Bank Technical Paper;No. 519
description 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.
format Publications & Research :: Publication
author Riboud, Michelle
Sánchez-Páramo, Carolina
Silva-Jáuregui, Carlos
author_facet Riboud, Michelle
Sánchez-Páramo, Carolina
Silva-Jáuregui, Carlos
author_sort Riboud, Michelle
title Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe
title_short Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe
title_full Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe
title_fullStr Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe
title_full_unstemmed Does Eurosclerosis Matter? Institutional Reform and Labor Market Performance in Central and Eastern Europe
title_sort does eurosclerosis matter? institutional reform and labor market performance in central and eastern europe
publisher Washington, DC: World Bank
publishDate 2013
url 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
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