Flexicurity: measurement issues and labor market performance

Luchetti, Beatrice (A.A. 2011/2012) Flexicurity: measurement issues and labor market performance. Tesi di Laurea in Macroeconomics, LUISS Guido Carli, relatore Giovanna Vallanti, pp. 61. [Bachelor's Degree Thesis]

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Abstract/Index

Over the last two decades the interest of policymakers toward the flexicurity approach has grown exponentially. In fact, current labor market challenges find in the flexicurity model a potential way out: flexicurity offers an appropriate formula that can maximize labor market performance through the adoption of flexible employment protection legislation (EPL), high level of social security (UBs) and active labor market policies (ALMP). The empirical analysis carried out in the paper confirms the crucial role of flexicurity in improving labor market performance. Indeed, estimated results demonstrate that countries that have implemented the flexicurity approach, such as Denmark, have displayed the best labor market performance in terms of unemployment rate, unemployment duration and employment levels; these countries are precisely the ones that have opted for a policy approach that combines flexible employment protection legislation with consistent UBs but also with an high share of ALMPs, which, as it will be clearly displayed by the empirical results, are fundamental in order to counterbalance the negative effects of UBs on labor market performance.

References

Bibliografia: pp. 59-61.

Thesis Type: Bachelor's Degree Thesis
Institution: LUISS Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, english language (L-33)
Chair: Macroeconomics
Thesis Supervisor: Vallanti, Giovanna
Academic Year: 2011/2012
Session: Summer
Uncontrolled Keywords: Flexicurity.
Deposited by: Maria Teresa Nisticò
Date Deposited: 28 Aug 2012 12:23
Last Modified: 19 May 2015 23:12
URI: https://tesi.luiss.it/id/eprint/8098

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