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The DOI matches its Crossref record; 15 of the 15 references it cites were found in a registry or an index.

Labor Market Rigidities: At the Root of Unemployment in Europe

Open access
Siebert, Horst·1997·Journal of Economic Perspectives

Abstract

This paper studies the major institutional changes at the root of the increase in the west European unemployment trade in the last quarter century from below 3 percent to 11 percent. The institutional characteristics of wage bargaining and the legal rules hamper the self-equilibrating function of the labor market. The reservation wage, raised by the welfare state's rise, has affected the bargaining process, the wage level and the wage structure. Econometric evidence is presented. Since the mid-1980s, differences emerge, and the Scandinavian, the French-Mediterranean, the German, and the British-Dutch approach to the labor market can be distinguished.

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Metadata

Authors
Siebert, H.
Venue
Journal of Economic Perspectives
Published
1997-08-01
Volume
11
Issue
3
Pages
37-54
ISSN
0895-3309 (ISSN-L)
OpenAlex
W2109437806
Cited by
908
References
15
FWCI
121.34
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: Labor Market Rigidities: At the Root of Unemployment in Europe. https://app.cochat.ai/papers/10.1257/jep.11.3.37
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Siebert, H. (1997). Labor Market Rigidities: At the Root of Unemployment in Europe. Journal of Economic Perspectives. https://doi.org/10.1257/jep.11.3.37

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.