Cookies?
Library Header Image
LSE Research Online LSE Library Services

Labour market policy and the reallocation of labour across sectors

Jackman, Richard and Pauna, Catalin (1997) Labour market policy and the reallocation of labour across sectors. CEP Discussion Papers (CEPDP0338). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

[img] Text - Published Version
Download (102kB)

Abstract

This paper investigates the extent of labour market allocation across broad industrial sectors in the transition of 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 pirori 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.

Item Type: Monograph (Discussion Paper)
Official URL: https://cep.lse.ac.uk/_new/publications/discussion...
Additional Information: © 1997 The Author(s)
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
JEL classification: J - Labor and Demographic Economics > J0 - General > J00 - General
Date Deposited: 27 Apr 2007
Last Modified: 27 Feb 2024 15:30
URI: http://eprints.lse.ac.uk/id/eprint/2047

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics