John van Reenen

speaker
54 appearances 2 recordings 1 series first heard May 2012 last heard May 2013

John van Reenen’s voice in public audio — every appearance, attributed to the second.

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Hello?
It is, yes.
Who's this?
Oh, it's Angus from the BBC.
Just one second, Angus.
You just stay on the line.
Just one second.
Well, one of your colleagues, Angus Crawford, has just called me, so... Excellent.
OK.
The conclusion of the vast majority of the studies is that there is actually no significant relationship between employment protection and the overall level of unemployment.
For example, one recent study looked at 14 countries over about 15 or 16 years and found there was no significant relationship.
they actually found there seemed to be a positive effect of tougher employment protection on lowering unemployment.
So, in fact, the opposite of Beercroft.
But that relationship wasn't statistically significant.
In other words, statistically, you can't reject the idea that there was actually just a zero effect.
Interestingly, one of the co-authors of that is now currently George Osborne's special advisor.
It might do.
But equally, people have looked at, say, GDP per head and again found generally no relationship between the toughness of employment protection legislation and growth or the level of GDP per head.
So it seems to be completely wrong.
That's the big macro picture.
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