Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/223613
Authors: 
Andersen, Torben M.
Year of Publication: 
2019
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2019 [Issue:] 404v2
Abstract: 
Denmark is often highlighted as a “flexicurity” country characterized by lax employment protection legislation, generous unemployment insurance, and active labor market policies. Despite a sharp and prolonged decline in employment in the wake of the Great Recession, high job turnover and wage adjustments worked to prevent increased long-term and structural unemployment. Most unemployment spells were short, muting the effects on long-term and youth unemployment. Recent reforms boosted labor supply and employment, targeting the young, elderly, and immigrants. Employment recovered to its structural level around 2015 and has since increased due to a favorable business cycle situation and structural reforms (particularly increases in retirement age).
Subjects: 
flexicurity
business cycles
structural policies
youth unemployment
immigration
JEL: 
F44
L1
J1
J6
J61
Persistent Identifier of the first edition: 
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.