European Social Models From Crisis to Crisis: Employment and Inequality in the Era of Monetary…

Hardcover | January 14, 2015

EditorJon Erik Dolvik, Andrew Martin

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This book analyzes the interaction of European social models, the institutions structuring labor markets' supply side, and their turbulent macroeconomic environment from the deep Europe-wide recession, ending Germanys post-unification boom, through monetary union's establishment, to the GreatRecession following the recent financial crisis. The analysis reaches two conclusions challenging the dominant view that the social models caused unemployment by impairing labor markets' efficiency in the name of equity. First, the social models' employment and distributive effects are faroutweighed by their macroeconomic environment, especially in the Eurozone, where its truncated structure of economic governance transformed the Great Recession into a sovereign debt crisis. Second, instead of a trade-off between efficiency and equity, the employment effects of counteracting marketstendency to generate inequality depends on the macroeconomic conditions under which it occurs and how it is done.

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This book analyzes the interaction of European social models, the institutions structuring labor markets' supply side, and their turbulent macroeconomic environment from the deep Europe-wide recession, ending Germanys post-unification boom, through monetary union's establishment, to the GreatRecession following the recent financial cri...

Jon Erik Dolvik is Dr.philos, sociologist, and Head of Research at Fafo, Institute for Labour and Social Research in Oslo, where he has worked since the 1980s. Dolvik has published extensively in the field of comparative employment relations, social models, and labour migration in the Nordic and European context. His doctoral thesis w...

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Format:HardcoverDimensions:480 pages, 9.21 × 6.14 × 0.01 inPublished:January 14, 2015Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198717962

ISBN - 13:9780198717966

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Table of Contents

1. Jon Erik Dolvik and Andrew Martin: Introduction2. Andrew Martin: Eurozone Economic Governance: "A Currency Without a Country"3. Wendy Carlin, Anke Hassel, Andrew Martin and David Soskice: The Transformation of the German Model4. Jacques le Cacheux and George Ross: France in the Middle5. Ken Mayhew and Mark Wickham-Jones: The United Kingdom's Social Model: From Labour's New Deal to the Economic Crisis and the Coalition6. Sofia Perez and Martin Rhodes: The Evolution and Crises of the Social Models in Italy and Spain7. Alexandre Afonso and Jelle Visser: The Liberal Road to High Employment and Low Inequality? The Dutch and Swiss Social Models in the Crisis8. Jon Erik Dolvik, Jorgen Goul Andersen, and Juhana Vartiainen: The Nordic Social Models in Turbulent times: Consolidation and Flexible Adaptation9. Torben Iversen and David Soskice: Redistribution and the Power of the Advanced Nation State: Government Responses to Rising Inequality10. Erling Barth and Karl Ove Moene: When Institutions Reciprocate: Turning European Social Models Around11. Jon Erik Dolvik and Andrew Martin: From Crisis to Crisis: European Social Models and Labor Market Outcomes in the Era of Monetary Integration12. Andrew Martin and Jon Erik Dolvik: Conclusion