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Labor Markets and Social Security

Issues and Policy Options in the U.S. and Europe

  • Book
  • © 2004

Overview

Editors:
  1. John T. Addison

    1. Department of Economics, Moore School of Business, University of South Carolina, Columbia, USA

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  2. Paul J. J. Welfens

    1. University of Potsdam, Potsdam, Germany

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    You can also search for this editor in PubMed   Google Scholar

  • An invaluable insight into the fundamental costs of a changing society

  • Discussion of issues related to European Monetary Union

  • Profound analysis of social reform issues

  • Includes supplementary material: sn.pub/extras

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Table of contents (15 chapters)

  1. Front Matter

    Pages I-X
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  2. Introduction

    • John T. Addison, Paul J. J. Welfens
    Pages 1-12

  3. International Trade and the Position of European Low Skilled Labour

    • Marion Jansen
    Pages 13-34

  4. EU Enlargement, Migration and the Labour Market: A Tentative Assessment

    • Karl Pichelmann
    Pages 35-56

  5. Structural Unemployment in Europe: A Bird’s-Eye View

    • Karl-Heinz Paqué, Manfred Teutemann
    Pages 57-82

  6. Alternative Subsidies for Low-Wage Employment

    • Jürgen Jerger, Alexander Spermann, Lioba Trabert
    Pages 83-104

  7. Short- and Long-Term Unemployment: A Discrete Duration Model with Time-Varying Covariate Effects

    • John T. Addison, Pedro Portugal
    Pages 105-118

  8. Sectoral Employment Elasticities in Germany

    • Klaus Löbbe, Hans Joachim Schalk
    Pages 119-148

  9. New Firms and Creating Employment

    • David B. Audretsch, Joachim Wagner
    Pages 149-182

  10. Job Creation in the European Information Society

    • Wolfgang Seufert, Paul J. J. Welfens
    Pages 183-202

  11. Maastricht — Implications of a Centralized Monetary and Currency Policy for Employment in Europe

    • Ansgar Belke, Thomas Rhein
    Pages 203-245

  12. Towards Full Employment and Growth in the European Union

    • Paul J. J. Welfens, Claus Schnabel
    Pages 247-301

  13. Optimal Unemployment Insurance in a Federation

    • Helge Sanner
    Pages 303-318

  14. Employment and Wage Effects of Social Security Financing — An Empirical Analysis of the West German Experience and Some Policy Simulations

    • Viktor Steiner
    Pages 319-344

  15. Economic Effects of Continuous Training

    • Lutz Bellmann, Ute Leber
    Pages 345-365

  16. Social Security Reforms in Europe

    • Bent Greve
    Pages 367-382

  17. Back Matter

    Pages 383-404
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Keywords

About this book

John T. Addison and Paul J. J. Welfens Because inflation seems moribund in OECD countries, stubborn unemployment became the top policy priority of the 1990s. Unemployment has increased in many countries, reaching critical levels for unskilled and young workers in most continental EU countries. Europe's employment performance has continued to lag that in North America. The U. S. in particular achieved a remarkable combination of low inflation and full employment in the late 1990s, at a time when the EU suf­ fered from record unemployment rates, even if inflation was remarkably low. Since the 1980s, the consensus view among economists is that structural unem­ ployment plays a much more important role than cyc1ical unemployment in Europe, but that labour costs (wage costs plus nonwage costs) are also part of Europe's labour market problem. Most EU countries rely on a pay-as-you-go pub­ lic pension system. Contribution rates gradually increased in the 1980s and 1990s, when the share of young workers in overall employment was dec1ining and life expectancy increasing. Rising nonwage costs from the pension system are but one important feature of labour markets in Europe. Given the remarkable dynamics of labour markets, new entry into the labour force, labour turnover, and changes in employment characteristics, one has to also search for other factors behind sus­ tained unemployment. High unemployment is critical for EU countries, where one can point to rela­ tively few positive developments after 1975. The U. K.

Editors and Affiliations

  • Department of Economics, Moore School of Business, University of South Carolina, Columbia, USA

    John T. Addison

  • University of Potsdam, Potsdam, Germany

    Paul J. J. Welfens

Bibliographic Information

  • Book Title: Labor Markets and Social Security

  • Book Subtitle: Issues and Policy Options in the U.S. and Europe

  • Editors: John T. Addison, Paul J. J. Welfens

  • DOI: https://doi.org/10.1007/978-3-540-24780-7

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2004

  • Hardcover ISBN: 978-3-540-44004-8Published: 06 March 2003

  • Softcover ISBN: 978-3-642-53462-1Published: 13 April 2014

  • eBook ISBN: 978-3-540-24780-7Published: 09 March 2013

  • Edition Number: 2

  • Number of Pages: X, 404

  • Topics: Labor Economics, Social Policy, Economic Policy

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