Two Views on the Deterioration of European Labor Market Outcomes
挑战了欧洲劳动力市场结果相对于美国恶化的共识，通过就业人口比而非失业率发现恶化始于1950年代中期并持续至1990年代中期，并指出理解这一恶化的关键在于欧洲为何未能发展出类似美国的市场服务部门。
This paper challenges the consensus view on the deterioration of European labor market outcomes relative to the United States. When looking at employment to population ratios rather than unemployment rates, I find that the deterioration begins in the mid-1950s and continues through the mid 1990s. I also present evidence to suggest that the key to understanding this deterioration is to understand why Europe has not developed a market service sector similar to the United States..