Why Have Labour Markets Reacted To The Global Crisis In Different Ways?
This paper aims to identify the effects of the global crisis on employment and unemployment in the EU countries and indicate factors which may explain the differentiated response of labour markets to this crisis. Analyses show that the global economic crisis affected the labour markets of EU countri...
Published in: | Comparative Economic Research. Central and Eastern Europe |
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Lodz University Press
2016
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Online Access: | https://doi.org/10.1515/cer-2016-0027 https://doaj.org/article/2e2bda0efc774617a30d74a88d92f47b |
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ftdoajarticles:oai:doaj.org/article:2e2bda0efc774617a30d74a88d92f47b 2023-05-15T16:50:34+02:00 Why Have Labour Markets Reacted To The Global Crisis In Different Ways? Eugeniusz Kwiatkowski 2016-11-01T00:00:00Z https://doi.org/10.1515/cer-2016-0027 https://doaj.org/article/2e2bda0efc774617a30d74a88d92f47b EN eng Lodz University Press https://czasopisma.uni.lodz.pl/CER/article/view/1692 https://doaj.org/toc/1508-2008 https://doaj.org/toc/2082-6737 1508-2008 2082-6737 doi:10.1515/cer-2016-0027 https://doaj.org/article/2e2bda0efc774617a30d74a88d92f47b Comparative Economic Research, Vol 19, Iss 4, Pp 5-26 (2016) employment unemployment the global crisis eu Economics as a science HB71-74 article 2016 ftdoajarticles https://doi.org/10.1515/cer-2016-0027 2022-12-31T12:37:35Z This paper aims to identify the effects of the global crisis on employment and unemployment in the EU countries and indicate factors which may explain the differentiated response of labour markets to this crisis. Analyses show that the global economic crisis affected the labour markets of EU countries, causing declines in employment and increases in unemployment. The greatest declines in employment were observed in Greece, Estonia, Ireland, Spain, Iceland, and Portugal, and the lowest in Austria, Belgium, the Netherlands, and Poland. The greatest increase in unemployment occurred in the Baltic countries, Greece, Spain, and Portugal. The analyses indicate that the scale of changes in employment and unemployment during the global crisis depends on such factors as: the depth of the demand shock and scale of GDP adjustments; the degree of openness of the economy; the scope of alternative labour market adjustments and some labour market institutions, especially employment protection legislation and the share of fixed-term employment contracts. The analyses indicate that the smallest declines in employment (and correspondingly the smallest increases in unemployment) during the crisis can be expected in countries where the EPL indexes and share of those employed on fixed-term employment contracts in total employment are moderate. Article in Journal/Newspaper Iceland Directory of Open Access Journals: DOAJ Articles Comparative Economic Research. Central and Eastern Europe 19 4 5 26 |
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Open Polar |
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Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
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English |
topic |
employment unemployment the global crisis eu Economics as a science HB71-74 |
spellingShingle |
employment unemployment the global crisis eu Economics as a science HB71-74 Eugeniusz Kwiatkowski Why Have Labour Markets Reacted To The Global Crisis In Different Ways? |
topic_facet |
employment unemployment the global crisis eu Economics as a science HB71-74 |
description |
This paper aims to identify the effects of the global crisis on employment and unemployment in the EU countries and indicate factors which may explain the differentiated response of labour markets to this crisis. Analyses show that the global economic crisis affected the labour markets of EU countries, causing declines in employment and increases in unemployment. The greatest declines in employment were observed in Greece, Estonia, Ireland, Spain, Iceland, and Portugal, and the lowest in Austria, Belgium, the Netherlands, and Poland. The greatest increase in unemployment occurred in the Baltic countries, Greece, Spain, and Portugal. The analyses indicate that the scale of changes in employment and unemployment during the global crisis depends on such factors as: the depth of the demand shock and scale of GDP adjustments; the degree of openness of the economy; the scope of alternative labour market adjustments and some labour market institutions, especially employment protection legislation and the share of fixed-term employment contracts. The analyses indicate that the smallest declines in employment (and correspondingly the smallest increases in unemployment) during the crisis can be expected in countries where the EPL indexes and share of those employed on fixed-term employment contracts in total employment are moderate. |
format |
Article in Journal/Newspaper |
author |
Eugeniusz Kwiatkowski |
author_facet |
Eugeniusz Kwiatkowski |
author_sort |
Eugeniusz Kwiatkowski |
title |
Why Have Labour Markets Reacted To The Global Crisis In Different Ways? |
title_short |
Why Have Labour Markets Reacted To The Global Crisis In Different Ways? |
title_full |
Why Have Labour Markets Reacted To The Global Crisis In Different Ways? |
title_fullStr |
Why Have Labour Markets Reacted To The Global Crisis In Different Ways? |
title_full_unstemmed |
Why Have Labour Markets Reacted To The Global Crisis In Different Ways? |
title_sort |
why have labour markets reacted to the global crisis in different ways? |
publisher |
Lodz University Press |
publishDate |
2016 |
url |
https://doi.org/10.1515/cer-2016-0027 https://doaj.org/article/2e2bda0efc774617a30d74a88d92f47b |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
Comparative Economic Research, Vol 19, Iss 4, Pp 5-26 (2016) |
op_relation |
https://czasopisma.uni.lodz.pl/CER/article/view/1692 https://doaj.org/toc/1508-2008 https://doaj.org/toc/2082-6737 1508-2008 2082-6737 doi:10.1515/cer-2016-0027 https://doaj.org/article/2e2bda0efc774617a30d74a88d92f47b |
op_doi |
https://doi.org/10.1515/cer-2016-0027 |
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Comparative Economic Research. Central and Eastern Europe |
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19 |
container_issue |
4 |
container_start_page |
5 |
op_container_end_page |
26 |
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1766040704114491392 |