Object's details: Optimal Spatial Allocation of Labour Force and Employment Protection Legislation (EPL)

Provider:Akademicka Platforma Czasopism

Description

Title:
Optimal Spatial Allocation of Labour Force and Employment Protection Legislation (EPL)
Creator:
Gamito, Carlos Coca;
Baltos, Georgios
Description:
The paper introduces a model of how workers rationally decide to which country within an area of monetary and economic integration they will move for the purposes of living and working. Since Mundell accomplished his pivotal respective analyses, the Optimal Currency Area (OCA) literature has highlighted the importance of the reallocation of the labour force within common currency areas in order to cushion asymmetric shocks. However, several studies have put into question whether such a mobility may be considered adequately effective and efficient within the Euro Zone and, hence, political solutions have been urgently requested. This paper, using the concept of employment protection legislation (EPL), looks at the impact of the different flexibility degrees applied among national labour markets on the international labour movements within the Euro Zone, and it then proposes a reform of such in terms of the degrees of flexibility that could achieve the optimal point.
Object availability:
free access
Rights: https://creativecommons.org/licenses/by-nd/4.0 ;
Prawa autorskie (c) 2019 Bulletin of Geography. Socio-economic Series
Date:
2019.09.01
Type:
info:eu-repo/semantics/article;
info:eu-repo/semantics/publishedVersion
Language:
English
Source:
Bulletin of Geography. Socio-economic Series; No. 45 (2019): September; 45-58;
Bulletin of Geography. Socio-economic Series; Nr 45 (2019): September; 45-58;
2083-8298;
1732-4254
Format:
application/pdf
Publisher:
Nicolaus Copernicus University in Toruń
Relation: https://apcz.umk.pl/BGSS/article/view/18992/18188
Subject:
Labour Economics;
Applied Econometrics;
Labour Mobility;
Economic Integration;
EPL
Identifier: https://apcz.umk.pl/BGSS/article/view/18992
Data provider:
Akademicka Platforma Czasopism

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