A narrative database of labour market reforms in euro area economies
Aumond, Romain ; Di Tommaso, Valerio ; Rünstler, Gerhard
ECB - Frankfurt am Main
2022
61 p.
labour market reform ; employment security ; unemployment benefit ; wages
Working Paper
2657
Labour market
https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2657~fed869894e.en.pdf
English
Bibliogr.
"We present a quarterly narrative database of important labour market reforms in selected euro area economies in between 1995 and 2018 covering 60 events. We provide legal adoption and implementation dates of major reforms to employment protection legislation and unemployment benefits. Estimates based on local projections find negative short-run effects of liberalising reforms on wages, while the employment effects of reforms differ markedly across age groups and partly depend on the state of the economy."
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