European social models from crisis to crisis : employment and inequality in the era of monetary integration

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Başlık:

Yazar:

Dølvik, Jon Erik, editor.

ISBN:

9780198717966

Fiziksel Tanımlama:

xiii, 442 pages : illustrations ; 24 cm

İçerik:

Introduction / Jon Erik Dølvik and Andrew Martin -- Eurozone economic governance : "a currency without a country" / Andrew Martin -- The transformation of the German social model / Wendy Carlin, Anke Hassel, Andrew Martin and David Soskice -- France in the middle / Jacques le Cacheux and George Ross -- The United Kingdom's social model : from Labour's new deal to the economic crisis and the coalition / Ken Mayhew and Mark Wickham-Jones -- The evolution and crises of the social models in Italy and Spain / Sofia Perez and Martin Rhodes -- The liberal road to high employment and low inequality? The Dutch and Swiss social models in the crisis / Alexandre Afonso and Jelle Visser -- The Nordic social models in turbulent times : consolidation and flexible adaptation / Jon Erik Dølvik, Jørgen Goul Andersen, and Juhana Vartiainen -- Redistribution and the power of the advanced nation state : government responses to rising inequality / Torben Iversen and David Soskice -- When institutions reciprocate : turning European social models around / Erling Barth and Karl Ove Moene -- From crisis to crisis : European social models and labor market outcomes in the era of monetary integration / Jon Erik Dølvik and Andrew Martin -- Conclusion / Andrew Martin and Jon Erik Dølvik.

Özet:

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 Germany's 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.

Konu Başlığı:

Social legislation -- European Union countries.

Sosyal mevzuat -- Avrupa Birliği Ülkleri.

Modèle social européen.

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