Employment and pay in Europe and the US: food for thought about flexibility and the European Social Model
Employment and pay in Europe and the US: food for thought about flexibility and the European Social Model
This chapter sheds some light on the European Social Model (ESM) by approaching it from the perspective of employment, or the economy more generally, but also by comparing it to the United States (US) model. Focus is given on four European economies, viz. UK, France, Germany and the Netherlands. In the remainder of this chapter, the international employment gap is described (its size and properties) in order to provide an initial basis for understanding it. Attention is focused on how the employment gap may relate to the ESM, especially in relation to social regulation, in other words, the role of pay (equality). The main conclusion is that the employment gap has little to do with a lack of flexibility on the European side.
Keywords: sociology, equality, wages, UK, France, Germany, the Netherlands, economics, employment
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