This dissertation, titled “Flexibility in European Wage Structure and its
implications for the European Unemployment,” studies the problem of high rates of
unemployment in Europe during the last few decades through the optic of European wage
behavior. It examines the European wage structure – within and between European
countries – to find out factors that drive wages and thereby, unemployment rates in
European countries. A conventional view of European problem of high unemployment
argues that European wages are explained by cross-country differences in certain labor
market policies and institutions, and that the policies and institutions at the country-level
are the principal source of the problem. This dissertation argues instead that European
wages are explained by differences in macroeconomic performances and in levels of
international competitiveness between countries and also between sectors within the
countries, and by certain continental and global level factors, and that a full
understanding of the effects of those factors is necessary to explain the European problem of high unemployment. By applying numerical techniques, namely a combination of
cluster analysis and discriminant function analysis, this dissertation finds that European
wages are driven by factors pointed out by the dissertation, which also explain the high
rates of unemployment in Europe over the last few decades. / text
| Identifer | oai:union.ndltd.org:UTEXAS/oai:repositories.lib.utexas.edu:2152/7528 |
| Date | 27 May 2010 |
| Creators | RoyChowdhury, Deepshikha |
| Source Sets | University of Texas |
| Language | English |
| Detected Language | English |
| Format | electronic |
| Rights | Copyright is held by the author. Presentation of this material on the Libraries' web site by University Libraries, The University of Texas at Austin was made possible under a limited license grant from the author who has retained all copyrights in the works. |
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