EU Labour Market Behaviour During the Great Recession

EU Labour Market Behaviour During the Great Recession PDF Author: Alfonso Arpaia
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description

EU Labour Market Behaviour During the Great Recession

EU Labour Market Behaviour During the Great Recession PDF Author: Alfonso Arpaia
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


From the Great Recession to Labour Market Recovery

From the Great Recession to Labour Market Recovery PDF Author: I. Islam
Publisher: Springer
ISBN: 0230295185
Category : Business & Economics
Languages : en
Pages : 318

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Book Description
This book sheds light on the impact of the Great Recession from the perspective of both developing and developed countries. It traces the complex and multiple causes of the Great Recession, delineates the diversity in the macroeconomic and labour market consequences, and highlights the effectiveness of policy responses undertaken so far.

Labor Migration, EU Enlargement, and the Great Recession

Labor Migration, EU Enlargement, and the Great Recession PDF Author: Martin Kahanec
Publisher: Springer
ISBN: 3662453207
Category : Business & Economics
Languages : en
Pages : 476

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Book Description
This volume extends and deepens our knowledge about cross-border mobility and its role in an enlarged EU. More specifically, its main purpose is to enlighten the growing and yet rather uninformed debate about the role of post-enlargement migration for economic adjustment in the crisis-stricken labor markets of the Eurozone and the EU as a whole. The book addresses the political economy aspects of post-enlargement migration, including its broader political contexts, redistributive impacts, but also nationalization of the enlargement agenda. It also covers the experience of receiving and sending countries with post-enlargement migration and its role during the current crisis. Renowned experts in the field study, whether and how post-enlargement mobility has enabled the EU to absorb asymmetric economic shocks, how it has affected the European welfare systems, and whether it has contributed to the sustainability of the Eurozone. The authors also evaluate brain circulation as a sought-after vehicle of improved allocative efficiency of EU labor markets and propose a policy agenda for mobility in an enlarged EU.

Labour Market Adjustment in Europe During the Crisis

Labour Market Adjustment in Europe During the Crisis PDF Author: Theodora Kosma
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Against the backdrop of continuing adjustment in EU labour markets in response to the Great Recession and the sovereign debt crisis, the European System of Central Banks (ESCB) conducted the third wave of the Wage Dynamics Network (WDN) survey in 2014-15 as a follow-up to the two previous WDN waves carried out in 2007 and 2009. The WDN survey collected information on wagesetting practices at the firm level. This third wave sampled about 25,000 firms in 25 European countries with the aim of assessing how firms adjusted wages and employment in response to the various shocks and labour market reforms that took place in the European Union (EU) during the period 2010-13. This paper summarises the main results of WDN3 by identifying some patterns in firms' adjustments and labour market reforms. It seeks to lay out the main lessons learnt from the survey in terms of both the general response of EU labour markets to the crisis and how these responses varied across the countries that took part in the survey.

The Great Recession

The Great Recession PDF Author: David B. Grusky
Publisher: Russell Sage Foundation
ISBN: 1610447506
Category : Business & Economics
Languages : en
Pages : 342

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Book Description
Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.

The Rise of Precarious Employment in Europe

The Rise of Precarious Employment in Europe PDF Author: Ilias Livanos
Publisher: Emerald Group Publishing
ISBN: 1787145875
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
This book examines precarious employment in Europe through the economic crisis. It draws on two main sources: theories of how the financial and debt crisis coupled with labour market reforms to exacerbate precarity in the workforce; and data from the European Labour Force Survey from 2005-12, capturing various aspects of precarious employment.

Labour Market Policies in the Era of Pervasive Austerity

Labour Market Policies in the Era of Pervasive Austerity PDF Author: Sotiria Theodoropoulou
Publisher: Policy Press
ISBN: 1447335872
Category : Political Science
Languages : en
Pages : 400

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Book Description
This book investigates the changing patterns of labour market and unemployment policies in EU member states during the period since fiscal austerity took hold in 2010 during the deepest postwar recession in Europe. Looking at the big European picture, do we see a convergence or a divergence in labour market and unemployment policy trends and outputs? Has labour market insecurity increased or decreased and can these changes be associated with the observed changes in labour market policies and macroeconomic conditions? Written by leading experts in the field, the book provides detailed national case studies from across the EU, which span labour market regimes and intensities of fiscal pressures to explore whether, and if so how, retrenchment or expansion have taken place across different types of labour market policies and how these changes have been distributed across the well-protected and the less well-protected labour market populations.

The Role of Social Partners in Managing Europe’s Great Recession

The Role of Social Partners in Managing Europe’s Great Recession PDF Author: Bernhard Ebbinghaus
Publisher: Routledge
ISBN: 1000418235
Category : Political Science
Languages : en
Pages : 307

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Book Description
This comprehensive study of the Great Recession and its consequences provides comparative analyses of the extent to which social concertation between government, unions, and employers varied over time and across European countries. This edited volume – a collaboration of international country experts – includes eight in-depth country case studies and analysis of European-level social dialogue. Further comparisons explore whether social concertation followed economic necessity, was dependent on political factors, or rather resulted from labour’s power resources. The importance of social partners’ involvement is again evident during the Covid-19 pandemic. Examining contemporary crises, the book will be of considerable interest to scholars and students of public and social policies, comparative political economy, and industrial relations – and more broadly to those following European and EU politics.

Institutional Change After the Great Recession

Institutional Change After the Great Recession PDF Author: Luis Cárdenas del Rey
Publisher: Routledge
ISBN: 9780367896980
Category :
Languages : en
Pages : 328

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Book Description
This book combines demand-led growth models and the institutionalist approach, in order to explain the macroeconomic performance of the main European countries in recent years followed by which a coherent explanation of the institutional change since the Great Recession, including the economic policy response to the economic and financial crisis (2008) and to the debt crisis (2010) is provided. A "Comparative Political Economy" (CPE) analytical framework and provide an institutional base to the different European growth models is built, in general terms over the period 1995-2018. The results allow us to link diverse growth dynamics to the changes of the institutional framework as a consequence of the economic and financial crises. In each chapter for country case studies (France, Germany, Italy, Spain, Greece, Sweden, UK and Poland) there;'s an ntroduction with a general characterization of the country and the most relevant changes that have occurred subsequently (main legislative milestones or changes in the behaviour of social agents) especially the process of dualization or deregulation of European economies. In addition, an analysis of the macroeconomic evolution and the situation of the labour market before and after the crisis from a demand-side perspective is included, concluding with the linkages between both issues and the characterization of the growth model. This book is of special interest to all the students and university professors who will use this book to be able to follow a multitude of subjects from Applied Economy to International Economic Structure but can also be useful for researchers, doctoral students and teaching staff who want to expand knowledge in the fields of comparative political economy, institutions and the European Union. In general, this book is aimed at anyone interested in expanding their knowledge of the evolution of Europe today.

Employment Transitions and Occupational Mobility in Europe

Employment Transitions and Occupational Mobility in Europe PDF Author:
Publisher:
ISBN: 9789289715928
Category :
Languages : en
Pages :

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Book Description
This study investigates employment and occupational mobility in Europe before and after the 2008 financial crisis, with the aim of linking individual-level employment transitions to the broad labour market developments during the crisis, such as the surge in unemployment and the phenomenon of job polarisation. The analysis compares six European countries that represent different institutional clusters - France, Italy, Poland, Spain, Sweden and the UK. It tracks the transitions of their working age populations into and out of inactivity, unemployment and employment (in five wage categories). The study seeks to better understand what happened to workers who lost their jobs during the recession, beyond the headline unemployment statistics. Did they find other work and, if so, was it better or worse paid? Were opportunities for upward occupational mobility affected by the crisis? The findings show that the countries studied fall into three distinct categories based on the degree of occupational mobility characterising their economies.