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dc.contributor.authorEichhorst, Werneren_US
dc.contributor.authorEscudero, VerĂ³nicaen_US
dc.contributor.authorMarx, Paulen_US
dc.contributor.authorTobin, Stevenen_US
dc.date.accessioned2011-09-23en_US
dc.date.accessioned2011-11-23T11:41:52Z-
dc.date.available2011-11-23T11:41:52Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/52004-
dc.description.abstractThe paper takes a comparative perspective on the labour market impact on G20 and EU countries of the financial and economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in relation to output or GDP reductions varies significantly across countries. It examines the impacts from an institutional perspective taking into account different channels of external, internal and wage flexibility determined by both the institutional arrangements in place before the crisis and discretionary reforms implemented during the crisis. Emphasis is placed on the role of permanent and temporary jobs, working time adjustment, wage flexibility and active and passive labour market policies. The paper shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong internal flexibility. At the same time, however, it appears that the crisis has - at least in some cases - contributed to a further dualization of labour markets given that risks are allocated unequally across types of employment.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5320en_US
dc.subject.jelJ58en_US
dc.subject.jelJ65en_US
dc.subject.jelJ21en_US
dc.subject.ddc330en_US
dc.subject.keywordcrisisen_US
dc.subject.keywordemploymenten_US
dc.subject.keywordEPLen_US
dc.subject.keywordinstitutionsen_US
dc.subject.keywordflexibilityen_US
dc.subject.keyworddual labour marketsen_US
dc.titleThe impact of the crisis on employment and the role of labour market institutionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn668782129en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
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