Did the pattern of aggregate employment growth change in the Euro area in the late 1990 s ?

@inproceedings{Mourre2004DidTP,
  title={Did the pattern of aggregate employment growth change in the Euro area in the late 1990 s ?},
  author={Mourre},
  year={2004}
}
  • Mourre
  • Published 2004
The paper examines whether the pattern of growth in euro area employment seen in the period 1997-2001 differed from that recorded in the past and what could be the reasons for that. First, a standard employment equation is estimated for the euro area as a whole. This shows that the lagged impact of both output growth and real labour cost growth, together with a productivity trend and employment “inertia”, can account for most of the employment developments between 1970 and the early 1990s… CONTINUE READING
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