Curbing Unemployment in Europe: Are There Lessons from Ireland and the Netherlands?

6 Pages Posted: 12 Apr 2005

See all articles by Cédric Tille

Cédric Tille

Graduate Institute of International and Development Studies (HEI)

Kei-Mu Yi

University of Houston - Department of Economics; Federal Reserve Banks - Federal Reserve Bank of Minneapolis

Abstract

Since the mid-1980s, unemployment rates in Ireland and the Netherlands have plummeted, while the average rate for the European Union has maintained its longtime high level. Ambitious labor market reforms - including wage moderation and the tightening of unemployment benefits - have helped to bring the Irish and Dutch rates down. Other European countries would benefit from adopting similar reforms, but they are unlikely to see the same dramatic improvement in their unemployment numbers.

Keywords: unemployment, labor market reforms, wage moderation

JEL Classification: O52, E24, E65

Suggested Citation

Tille, Cedric and Yi, Kei-Mu, Curbing Unemployment in Europe: Are There Lessons from Ireland and the Netherlands? . Current Issues in Economics and Finance, Vol. 7, No. 5, May 2001. Available at SSRN: https://ssrn.com/abstract=702569

Cedric Tille (Contact Author)

Graduate Institute of International and Development Studies (HEI) ( email )

PO Box 136
Geneva, CH-1211
Switzerland

HOME PAGE: http://sites.google.com/site/cedrictilleheid/home

Kei-Mu Yi

University of Houston - Department of Economics

Houston, TX 77204-5882
United States

Federal Reserve Banks - Federal Reserve Bank of Minneapolis ( email )

90 Hennepin Avenue
Minneapolis, MN 55480
United States

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