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Europe’s labor is not competitiveness taking unemployment as the relevant indicator. The paper looks at other indicators such as job creation, productivity and unit labor costs and skills. It analyzes the reasons for the lack of competitiveness including a low degree of wage differentiation,...
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The distribution of total work in the EU and USA / Michael C. Burda, Daniel S. Hamermesh, and Philippe Weil -- Comments / Alberto Alesina, Christopher Pissarides -- Labor market effects of work-sharing arrangements in Europe / Francis Kramarz, Pierre Cahuc, Bruno Crépon, Oskar Nordström Skans,...
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