Labour market policy and the reallocation of labour across sectors

Jackman, Richard and Pauna, C (1997) Labour market policy and the reallocation of labour across sectors. CEP discussion paper; CEPDP0338 (338). Centre for Economic Performance, London School of Economics and Political Science,, London, UK.

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Abstract

This paper investigates the extent of labour market reallocation across broad industrial sectors in the transition economies of Eastern Europe since 1989. It offers various measures of the magnitude of labour misallocation and of the speed and efficiency of reallocation during the first half of the 1980s. It compares the performance of the economies of Eastern Europe with one another and with two Southern European economies, Greece and Portugal, which have also been experiencing substantial economic change. Contrary to much a priori theorising, the paper finds no correlation between unemployment and the speed or effectiveness of labour market reallocation. The authors argue that the analysis in the paper strengthens the case for an active as against a passive approach to labour market policy. This paper was produced as part of the Emerging Markets Programme

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cep.lse.ac.uk
Additional Information:	© 1997 R. Jackman and C. Pauna
Divisions:	Economics
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Date Deposited:	27 Apr 2007
Last Modified:	05 Feb 2021 00:22
URI:	http://eprints.lse.ac.uk/id/eprint/2047

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