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Productivity Puzzles Across Europe - Oxford Scholarship Online
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Productivity Puzzles Across Europe

Philippe Askenazy, Lutz Bellmann, Alex Bryson, and Eva Moreno Galbis

Abstract

Today the firms and workers of Europe continue to live in the shadow of the economic downturn created by the financial crash of 2008–9. Despite the proclamation of many false dawns, Europe’s big economies have yet to find their economic footing again, posting low growth rates due to poor productivity performance. This book analyses the determinants of labour productivity in four major European countries—Germany, France, Britain, and Spain. Only Spain responded to the crisis by shedding labour and raising productivity markedly. Although the other three countries have experienced different probl ... More

Keywords: labour productivity, economic downturn, low growth rates, labour markets, public policy, unemployment

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780198786160
Published to Oxford Scholarship Online: November 2016 DOI:10.1093/acprof:oso/9780198786160.001.0001

Authors

Affiliations are at time of print publication.

Philippe Askenazy, editor
Senior Researcher CNRS-Paris School of Economics; Professor, Ecole Normale Supérieure

Lutz Bellmann, editor
Chair of Labour Economics and Institute for Employment Research, Friedrich-Alexander-University Erlangen-Nuremberg; Head of the Research Department Establishments and Employment, The Research Institute of the Federal Employment Agency

Alex Bryson, editor
Professor of Quantitative Social Science, Department of Social Science, University College London

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Contents

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Introduction

Philippe Askenazy, Christine Erhel, and Martin Chevalier

4 Exploring the French Productivity Puzzle

Philippe Askenazy and Christine Erhel

5 The UK’s Productivity Puzzle

Alex Bryson and John Forth

7 The German Labour Market Puzzle in the Great Recession

Lutz Bellmann, Hans-Dieter Gerner, and Marie-Christine Laible

8 The Spanish Productivity Puzzle

Laura Hospido and Eva Moreno Galbis

Conclusion

Philippe Askenazy, Lutz Bellmann, Alex Bryson, and Eva Moreno Galbis

End Matter