Institutions versus market forces: Explaining the employment insecurity of European individuals during (the beginning of) the financial crisis

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Chung, Heejung; van Oorschot, Wim;
(2011)

In reaction to the recent financial crisis, the European Commission re-stated its view that the balance between flexibility and security is the key to success for the future of the European social economy, as well as its belief in the power of institutional arrangements... View more
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    Employment Model 6-1 Model 6-2

    LMP exp as a % of GDP -0.146 0.094 -0.148 0.092

    EPL for regular workers 0.071 0.167

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