European Social Models from Crisis to Crisis is popular PDF and ePub book, written by Jon Erik Dølvik in 2015, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, European Social Models from Crisis to Crisis can be Read Online from any device for your convenience.
European Social Models from Crisis to Crisis Book PDF Summary
This book analyzes the interaction of European social models, the institutions structuring labor markets' supply side, and their turbulent macroeconomic environment from the deep Europe-wide recession, ending Germanys post-unification boom, through monetary union's establishment, to the Great Recession following the recent financial crisis. The analysis reaches two conclusions challenging the dominant view that the social models caused unemployment by impairing labor markets' efficiency in the name of equity. First, the social models' employment and distributive effects are far outweighed by their macroeconomic environment, especially in the Eurozone, where its truncated structure of economic governance transformed the Great Recession into a sovereign debt crisis. Second, instead of a trade-off between efficiency and equity, the employment effects of counteracting markets tendency to generate inequality depends on the macroeconomic conditions under which it occurs and how it is done.
Detail Book of European Social Models from Crisis to Crisis PDF
- Author : Jon Erik Dølvik
- Release : 27 September 2024
- Publisher : Oxford University Press, USA
- ISBN : 9780198717966
- Genre : Business & Economics
- Total Page : 459 pages
- Language : English
- PDF File Size : 16,6 Mb
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