The objective is to analyse the relationship between growth and employment. First, it is aimed to measure the employment intensity of growth and compare within Europe and with other industrial countries. The influence of labour supply changes will be discussed. A theoretical and empirical analysis of the main determinants of labour demand like, for example, labour productivity increase, will end up in some kind of an "equilibrium” rate of unemployment. This concept will be used to discuss policy measures to reduce unemployment like the one outlined in the EU-white-book on employment competitive mess and growth. The study will, in particular, focus on the institutional arrangements on the labour market and its relationship to both the employment intensity of growth and the "equilibrium” rate of unemployment. The conclusion will end up with recommendations for update of the strategy of the white book.
Funding SchemeCSC - Cost-sharing contracts
2508 JR Den Haag ('S-gravenhage)
50016 San Domenico Di Fiesole