Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/2273 
Authors: 
Year of Publication: 
1999
Series/Report no.: 
Kiel Working Paper No. 927
Publisher: 
Kiel Institute of World Economics (IfW), Kiel
Abstract: 
Europe’s labor is not competitiveness taking unemployment as the relevant indicator. The paper looks at other indicators such as job creation, productivity and unit labor costs and skills. It analyzes the reasons for the lack of competitiveness including a low degree of wage differentiation, the impact of the welfare state on the reservation wage and high labor costs to finance the social security system.
JEL: 
J00
Document Type: 
Working Paper

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