Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/261191 
Year of Publication: 
2022
Series/Report no.: 
ECB Working Paper No. 2657
Publisher: 
European Central Bank (ECB), Frankfurt a. M.
Abstract: 
We present a quarterly narrative database of important labour market reforms in selected euro area economies in between 1995 and 2018 covering 60 events. We provide legal adoption and implementation dates of major reforms to employment protection legislation and unemployment benefits. Estimates based on local projections find negative short-run effects of liberalising reforms on wages, while the employment effects of reforms differ markedly across age groups and partly depend on the state of the economy.
Subjects: 
Unemployment Benefits
Employment Protection
Quarterly Indicators
JEL: 
J08
O43
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-5106-7
Document Type: 
Working Paper

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