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The impact of product and labour market reform on growth : evidence for OECD countries based on local projections

Haan, Jakob de; Wiese, Rasmus - 2020

This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...

Persistent link: https://www.econbiz.de/10012238489

The impact of product and labour market reform on growth : evidence for OECD countries based on local projections

Haan, Jakob de; Wiese, Rasmus - In: Journal of applied econometrics 37 (2022) 4, pp. 746-770

Persistent link: https://www.econbiz.de/10013332684

Labor market institutions, fiscal multipliers, and macroeconomic volatility

Boeck, Maximilian; Crespo Cuaresma, Jesús; Glocker, … - 2022

We study empirically how various labor market institutions - (i) union density, (ii) unemployment benefit remuneration, and (iii) employment protection - shape fiscal multipliers and output volatility. Our theoretical model highlights that more stringent labor market institutions attenuate both...

Persistent link: https://www.econbiz.de/10013201691

Counteracting unemployment in crises : non-linear effects of short-time work policy

Gehrke, Britta; Hochmuth, Brigitte - 2017

Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...

Persistent link: https://www.econbiz.de/10011718992

Counteracting unemployment in crises : non-linear effects of short-time work policy

Gehrke, Britta; Hochmuth, Brigitte - 2018

Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...

Persistent link: https://www.econbiz.de/10011845664

Foreign aid and economic growth : panel cointegration analysis for Cambodia, Lao PDR, Myanmar, and Vietnam

Moolio, Pahlaj; Kong, Somphyvatanak - In: Athens journal of business & economics : AJBE 2 (2016) 4, pp. 417-428

Persistent link: https://www.econbiz.de/10011565477

Impact of crude oil price on countries' and Vietnam’s GDP growth : variance decomposition approach

Doan Van Dinh - In: International Journal of Energy Economics and Policy : IJEEP 11 (2021) 3, pp. 110-120

Persistent link: https://www.econbiz.de/10012621645

Nonlinear relationship between exchange rate volatility and economic growth

Phiri, Andrew - 2018

In this paper, we challenge the traditional assumption of a linear relationship between exchange rate volatility and economic growth in South Africa. By using data collected from 1970 to 2016 applied to a smooth transition regression (STR) model, we are able to prove that the exchange...

Persistent link: https://www.econbiz.de/10011870188

Estimating the output gap to support the management of interest rates in Vietnam

Giang Huong Nguyen - 2014

In this paper, I apply three methods to estimate the output gap for Vietnam to support the conduct of monetary policy … the estimation of the output gap for the State Bank of Vietnam. For the Bayesian approach, my paper closedly relies on the … paper of Tim Willems (2011) with some modifications to fit the situation of Vietnam. The output gap estimated by Bayesian …

Persistent link: https://www.econbiz.de/10010249628

A mixed data sampling approach to the asymmetric impacts of world oil price on macroeconomic variables in Vietnam

Pham Thi Tuyet Trinh; Nhan Phan Ai Le - In: Journal of economics & development : JED 22 (2020) 2, pp. 311-324

Persistent link: https://www.econbiz.de/10012299168

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