A Flexicurity Labour Market in the Great Recession: The Case of Denmark

  title={A Flexicurity Labour Market in the Great Recession: The Case of Denmark},
  author={T. Andersen},
  journal={De Economist},
  • T. Andersen
  • Published 2012
  • Economics
  • De Economist
  • Flexicurity labour markets are characterised by flexible hiring/firing rules, a generous social safety net, and active labour market policies. How can such labour markets cope with the consequences of the Great Recession? This paper takes a closer look at this question considering the case of Denmark. It is found that employment adjustment is not particularly large in international comparison, but a larger burden of adjustment is along the extensive (number of employees) rather than the… CONTINUE READING
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