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This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10010280687
. Institutions and other structural factors are also found to be significant and important determinants of the rate of part … markets. Less robust evidence suggests the presence of unemployment traps for some potential part-time workers. Cross …
Persistent link: https://www.econbiz.de/10010277065
Persistent link: https://www.econbiz.de/10011695729
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …
Persistent link: https://www.econbiz.de/10010295705
unemployment and decrease old age unemployment. However, once we take the wage response into account, we find that firing costs … increase both youth and old age unemployment. This happens because unions react strategically, and respond to higher firing … increase their employment prospects. However, despite this cut youth unemployment still increases with firing costs. In the …
Persistent link: https://www.econbiz.de/10010261905
mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …
Persistent link: https://www.econbiz.de/10010262586
average re-employment probabilities. Living in an area with high local unemployment reduces re-employment chances as does … somewhat if a worker is unemployed in an area with high overall unemployment. …
Persistent link: https://www.econbiz.de/10010268048
collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …
Persistent link: https://www.econbiz.de/10010269861
Child labour has always been one of the core concerns of the International Labour Organisation (ILO). In this paper, we investigate whether ILO conventions have contributed to reducing the scale of the problem. We use two approaches to answering the question. Evidence based on country-level data...
Persistent link: https://www.econbiz.de/10010297377
as (i) unemployment rates, (ii) GDP per capita as a measure of welfare, (iii) average weekly work hours, and (iv) income … prosperity and income, high risk of unemployment, and working conditions play an important role in determining working hours …
Persistent link: https://www.econbiz.de/10010299476