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Labour Supply and Incentives to Work in Europe highlights recent
developments in the labour supply in Europe and gives a detailed
assessment of their link with economic policies and labour market
institutions. Despite major changes in European labour supply
during the past few decades, the existing literature still lacks a
comprehensive study of the relationship between labour supply and
labour market institutions from a macro perspective. The
contributors, themselves from a variety of academic disciplines and
backgrounds, consider aspects of labour supply such as incentives
to work, determinants of labour force participation and new forms
of employment relationships. Each original and specially written
chapter has its own discussion chapter to follow it. The book ends
with a valuable panel discussion on the topic of labour supply in
an enlarged Europe. This book will be read with interest by
scholars of economics and labour economics in particular, as well
as those researching industrial relations.
While Europe is certainly one of the richest and most educated
areas of the world, some of the challenges faced by the old
continent are staggering: low economic growth, structural
difficulties in the labour market, and increasing international
competition. Politicians and policymakers may advocate different
means of overcoming the potential economic decline of Europe, but
most agree that Europe needs to strengthen human capital, its
ultimate competitive advantage in the world economy.
This book looks at the accumulation of human capital from two
perspectives, first through formal education and then professional
training. It provides a useful summary of the key characteristics
of education and training in Europe and also asks key questions
about the fundamental problems with the current educational and
training systems. More importantly, the book goes on to discuss
which policies are necessary to make existing education and
training systems more efficient, while also making higher skills
available to a wider range of people.
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