We construct indicators of the perception of job security for various types of jobs in 12 European countries using individual data from the European Community Household Panel (ECHP). We then consider the relation between reported job security and OECD summary measures of Employment Protection...

Using new quarterly narrative evidence, this paper examines the macroeconomic impact of reforms of unemployment benefits (UB) and employment protection legislation (EPL) in the euro area from a Bayesian narrative panel VAR. The approach complements existing micro-econometric evidence by aligning...

All industrialized countries have Employment Protection Legislation (EPL) for permanent workers and Restrictions on the use of Temporary Employment (RTE). The (ambiguous) effects of these on the levels of employment and unemployment have been extensively studied, but nothing is known empirically...

The notion of flexicurity was introduced in the 1990s to promote a better job security and social security of atypically employed (other than permanent full-time). The given paper suggests an operational definition of flexicurity which implies the corresponding flexicurity index. For analytical...

The notion of flexicurity was introduced in the late 1990s. It promotes the idea of compensation of deregulation of labour markets (= flexibilization) by advantages in employment and social security, in particularly for flexibly employed (other than permanent full-time, called also atypically...

This paper estimates the impact of fiscal consolidation on unemployment and job market flows across EU countries using a recent database of consolidation episodes built on the basis of a "narrative" approach (Devries et al., 2011). Results show that the impact of fiscal consolidation on cyclical...