The European Economic and Monetary Union and Labour Market Reform

E. Bednarek-Sekunda, R. Jong-A-Pin, J. de Haan

OnderzoeksoutputAcademicpeer review

10 Citaten (Scopus)


We examine whether the EMU has led to greater labour market flexibility, differentiating between reform that enhances the capacity of an economy to adjust to economic shocks and reform that aims to increase long-run output. Based on a panel model and using OECD data on labour market reforms for 27 OECD countries over the period 1994-2004, we find that the two types of labour market reform are driven by different variables. Most importantly, our results suggest that the EMU has had no effect on reform that enhances the economy's capacity to adjust to shocks. Most of our evidence for reform that increases long-run output suggests that the EMU has not affected this type of reform either.

Originele taal-2English
Pagina's (van-tot)3-27
Aantal pagina's25
TijdschriftEuropean Union Politics
Nummer van het tijdschrift1
StatusPublished - mrt-2010

Citeer dit