Skip to main content

Structural Reforms Addressed to the Labour Market and Macroeconomic Policies

  • Chapter
Structural Reform and Economic Policy

Part of the book series: International Economic Association Series ((IEA))

  • 137 Accesses

Abstract

This chapter reflects the point of view of a Western European who was active in the public sector of French social market economies, then often concerned with policy advising, someone who is also a macroeconomist with an interest in labour economics and applied econometrics. Whereas colleagues working on developing economies or on economies in transition are now sometimes confronted with the IMF and its reading of the so-called ‘Washington Consensus’, I was rather faced in the 1990s with OECD and its ‘jobs strategy’.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

eBook
USD 16.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Anderson, B. (2000) ‘Worker Protection Policies in the New Century’, Journal of Economic Perspectives, vol. 14(1), pp. 204–14.

    Google Scholar 

  • Balakrishnan, R. and C. Michelacci (2001) ‘Unemployment Dynamics across OECD Countries’, European Economic Review, vol. 45(1), pp. 135–65.

    Article  Google Scholar 

  • Blanchard, O. and J. Wolfers (2000) ‘The Role of Shocks and Institutions in the Rise of European Unemployment: the Aggregate Evidence’, Economic Journal, vol. 110, pp. C1–33.

    Article  Google Scholar 

  • Boeri, T. and K. Terrell (2002) ‘Institutional Determinants of Labor Reallocation in Transition’, Journal of Economic Perspectives, vol. 16(1), pp. 51–76.

    Article  Google Scholar 

  • Calmfors, L. (1993) ‘Centralisation and Wage Bargaining and Macroeconomic Performance’, OECD Economic Studies, no. 21 (Paris: OECD).

    Google Scholar 

  • Coe, D. and D. Snower (1997) ‘Policy Complementarities: the Case for Fundamental Labor Market Reform’, IMF Staff Papers, vol. 44(1), pp. 1–35.

    Article  Google Scholar 

  • Elmeskov, J., J. Martin and S. Scarpetta (1998) ‘Key Lessons from Labour-Market Reforms: Evidence from OECD Countries’ Experiences’, Swedish Economic Policy Review, vol. 5(2), pp. 205–52.

    Google Scholar 

  • ILO (1996) World Employment 1996/97: National Policies in a Global Context (Geneva: ILO).

    Google Scholar 

  • Kornai, J. (2001a) ‘Ten Years after “The Road to a Free Economy”, the Author’s Self-Evaluation’, in B. Pleskovic and N. Stern (eds), Annual World Bank Conference in Development Economics 2000 (Washington, DC: World Bank), pp. 49–66.

    Google Scholar 

  • Kornai, J. (2001a) ‘Hardening the Budget Constraint: the Experience of the Post Socialist Countries’, European Economic Review, vol. 45, pp. 1573–99.

    Article  Google Scholar 

  • Laroque, G. and B. Salanié (1999) ‘Prélèvements et transferts sociaux: une analyze descriptive des incitations financières au travail’, Economie et Statistique, no. 328, pp. 3–20.

    Google Scholar 

  • Laroque, G. and B. Salanié (2000) ‘Une décomposition du non-emploi en France’, Economie et Statistique, no. 331, pp. 47–60.

    Google Scholar 

  • Layard, R., S. Nickell and R. Jackman (1991) Unemployment: Macroeconomic Performance and the Labour Market (Oxford: Oxford University Press).

    Google Scholar 

  • Lindbeck, A. (2000) ‘The Labour Market’, in Conseil d’Analyse Economique and World Bank, Governance, Equity and Global Markets (Paris: La documentation française), pp. 167–75.

    Google Scholar 

  • Malinvaud, E. (2000) Macroeconomic Theory — A Textbook on Macroeconomic Knowledge and Analysis, vol. C (Amsterdam: Elsevier).

    Google Scholar 

  • Nickell, S. (1997) ‘Unemployment and Labor Market Rigidities: Europe versus North America’, Journal of Economic Perspectives, vol. 11(3), pp. 55–74.

    Article  Google Scholar 

  • Nickell, S. and R. Layard (1999) ‘Labor Market Institutions and Economic Performance’, in O. C. Ashenfelter and D. Card (eds), Handbook of Labor Economics, vol. 3C (Amsterdam: Elsevier Science), pp. 3029–84.

    Google Scholar 

  • North, D. (1997) ‘The Contribution of the New Institutional Economics to an Understanding of the Transition Problem’, WIDER Annual Lectures 1 (Helsinki: United Nations University).

    Google Scholar 

  • OECD (1994) The OECD Jobs Study (Paris: OECD).

    Google Scholar 

  • OECD (1999) Implementing the OECD Jobs Strategy: Assessing Performance and Policy (Paris: OECD).

    Book  Google Scholar 

  • Pisani-Ferry, J. (2000) Plein emploi (Paris: La documentation française).

    Google Scholar 

  • Rodrik, D. (1996) ‘Understanding Economic Policy Reform’, Journal of Economic Literature, vol. 34, pp. 9–41.

    Google Scholar 

  • Ryan, P. (2001) ‘The School-to-Work Transition: A Cross-national Perspective’, Journal of Economic Literature, vol. 39, pp. 34–92.

    Article  Google Scholar 

  • Solow, R. (1990) The Labour Market as a Social Institution (Oxford: Basil Blackwell).

    Google Scholar 

  • Solow, R. (1998) ‘What Is Labour-Market Flexibility? What Is It Good for?’, 1997 Lectures and Memoirs, Proceedings of the British Academy, vol. 100 (Oxford: Oxford University Press for the British Academy), pp. 189–205.

    Google Scholar 

  • Stern, N. and J. Stiglitz (1997) ‘A Framework for a Development Strategy in a Market Economy’, in E. Malinvaud et al. (eds), Development Strategy and Management of the Market Economy, vol. 1 (Oxford: Oxford University Press for the United Nations), pp. 253–75.

    Google Scholar 

  • Stiglitz, J. (2000) ‘Reflections on the Theory and Practice of Reform’, in A. Krueger (ed.), Economic Policy Reform: the Second Stage (Chicago: Chicago University Press), pp. 551–84.

    Google Scholar 

  • Svejnar, J. (2002) ‘Transition Economies: Performance and Challenges’, Journal of Economic Perspectives, vol. 16(1), pp. 3–28.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Copyright information

© 2004 International Economic Association

About this chapter

Cite this chapter

Malinvaud, E. (2004). Structural Reforms Addressed to the Labour Market and Macroeconomic Policies. In: Solow, R.M. (eds) Structural Reform and Economic Policy. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230524446_6

Download citation

Publish with us

Policies and ethics