CEU eTD Collection (2018); Molnár, Klaudia: An Evaluation of European Labour Market Reforms After the Great Recession

CEU Electronic Theses and Dissertations, 2018
Author Molnár, Klaudia
Title An Evaluation of European Labour Market Reforms After the Great Recession
Summary This paper provides an overview of the literature of European Labour Market Policies after the Great Recession. It discusses in detail the three main elements of the flexicurity model, which became popular during recent years: Employment Protection Legislation, Unemployment Insurance and Active Labour Market Policies. After the review I conduct an empirical analysis to detect which of the discussed policies proved to be successful in improving labour market outcomes. In the first part of my analysis I use panel regressions with fixed effects to see whether changes in the strictness of Employment Protection Legislation affected the share of permanent employment. I find that the legislation on temporary contracts had stronger effects than the legislation on regular contracts. In the second part of my analysis I examine the effect of labour market policies on employment rates. I find that Active Labour Market Policies play the most important role in this process, which is in line with the current policy discussions.
Supervisor Kónya, István
Department Economics MA
Full texthttps://www.etd.ceu.edu/2018/molnar_klaudia.pdf

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