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Europe’s austerity policies may have created less unemployment in countries with liberalised labour markets.

Turrini, Alessandro (2013) Europe’s austerity policies may have created less unemployment in countries with liberalised labour markets. LSE European Politics and Policy (EUROPP) Blog (21 Aug 2013). Website.

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Abstract

Austerity policies have been linked to rising unemployment in European countries, but what effect have policies aimed at liberalising labour markets had during the crisis? Alessandro Turrini finds that contrary to expectations, austerity policies may have been responsible for creating more unemployment in countries with stronger employment protection legislation. One potential reason for this is that while countries with more regulated labour markets have not experienced as many redundancies from austerity, they have also had far lower job creation levels.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2013 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JN Political institutions (Europe)
Date Deposited: 04 Apr 2017 15:10
Last Modified: 11 Dec 2024 13:25
URI: http://eprints.lse.ac.uk/id/eprint/72445

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