Research Papers in Economics, Department of Economics, Stockholm University
Efficiency and Equality in the Labour Market
Abstract: This paper discusses the costs and benefits of welfare
state intervention in the labour market, and argues that many forms of
intervention can be justified for efficiency reasons. The paper reviews
recent evidence on income inequality and income mobility, and it discusses
labour market reforms that may improve efficiency without violating
European votersí preference for equality.
Keywords: welfare state; collective bargaining; inequality; labour market reform; (follow links to similar papers)
JEL-Codes: H30; J30; J50; (follow links to similar papers)
30 pages, August 25, 2003
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