Dismal Employment Growth in EU Countries : The Role of Corporate Balance Sheet Repair and Dual Labor Markets »
Series: IMF Working Papers
Author(s): Bas Bakker , and Li Zeng
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 August 2013
Keywords: saving, firms, employment growth, labor market, unemployment, employment losses, General,
This paper argues that the large differences among EU countries in post-crisis employment performance are to a large extent driven by the need to adjust corporate balance sheets, which had greatly deteriorated duri...