Policy complementarities: The case for fundamental labor market reform
This paper argues that an important group of labor market policies are complementary in the sense that the effect of each policy is greater when implemented in conjunction with the other policies than in isolation. This may explain why the diverse, piecemeal labor market reforms in many European countries in recent years have had so little success in reducing unemployment. What is required instead is deeper labor market reforms across a broader range of complementary policies and institutions. To be politically feasible, these reforms must be combined with measures to address distributional issues.
Year of publication: |
1996
|
---|---|
Authors: | Coe, David T. ; Snower, Dennis J. |
Publisher: |
Washington, DC : International Monetary Fund |
Saved in:
freely available
Series: | IMF Working Paper ; 96/93 |
---|---|
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | hdl:10419/916 [Handle] |
Source: |
Persistent link: https://www.econbiz.de/10010271064
Saved in favorites
Similar items by person
-
Policy Complementarities : The Case for Fundamental Labor Market Reform
Snower, Dennis J., (1996)
-
Policy complementarities: The case for fundamental labour market reform
Coe, David T., (1997)
-
Policy complementarities : the case for fundamental labour market reform
Coe, David T., (1997)
- More ...