Resurgence of employment growth in the European Union: The role of cycles and labour market reforms

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Abstract

By estimating dynamic sector labour demand model for Europe and the US we show that lower levels of job protection lead to faster employment adjustment. As result, labour market deregulation in Europe might have made employment growth more cyclical. (c) 2005 Elsevier B.V. All rights reserved.

Original languageEnglish
Pages (from-to)61-66
Number of pages6
JournalEconomics Letters
Volume91
Issue number1
DOIs
Publication statusPublished - Apr-2006

Keywords

  • employment growth
  • employment protection
  • labour demand

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