Similar Search Results

Wage-Price Dynamics and Structural Reforms in Japan

Porcellacchia, Davide - 2016

Structural reforms in the liquidity trap need not be deflationary. This paper develops a simple framework to study the … role that key characteristics of Japan's labor and product markets-labor-market duality and weak corporate governance … reforms may contribute to Japan's short-run goal of reflating the economy. It finds that boosting inflation with structural …

Persistent link: https://www.econbiz.de/10012996094

Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries

Lemus, Antonio - 2015

Many governments have initiated public employment programs or expanded the existing ones in response to high unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment. This paper explores the question of whether public...

Persistent link: https://www.econbiz.de/10013036636

A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market

Bova, Elva - 2015

This paper examines the impact of fiscal policy on employment through the lenses of Okun's Law. Looking at the panel of OECD countries over the past three decades, we find that fiscal policy can affect employment beyond the impact it is traditionally assumed to exert through the output...

Persistent link: https://www.econbiz.de/10013028691

Fiscal Policy, Labor Markets, and the Poor

Bléjer, Mario I. - 2013

In designing policy measures, including possible social safety nets, targeted to the poor, it is important to fully understand the efficiency implications of these measures. There is abundant macroeconomic literature on their negative effects on the poor`s work effort. The literature, however,...

Persistent link: https://www.econbiz.de/10012754386

Monetary Policy Under Labor Market Power

Burya, Anastasia; Mano, Rui C.; Timmer, Yannick; Weber, Anke - 2022

Using the near universe of online vacancy postings in the U.S., we study the interaction between labor market power and monetary policy. We show empirically that labor market power amplifies the labor demand effects of monetary policy, while not disproportionately affecting wage growth. A search...

Persistent link: https://www.econbiz.de/10014079905

Is Labor Market Mismatch a Big Deal in Japan?

Shibata, Ippei - 2013

crisis.Occupational mismatch accounted for approximtely 20-40 percent of the recent rise in theunemployment rate in Japan …

Persistent link: https://www.econbiz.de/10013074692

Macroeconomic Impacts of Gender Inequality and Informality in India

Khera, Purva - 2016

This paper examines the macroeconomic interaction between informality and gender inequality in the labor market. A dynamic stochastic general equilibrium model is built to study the impact of gender-targeted policies on female labor force participation, female formal employment, gender wage gap,...

Persistent link: https://www.econbiz.de/10012996098

Labor Market Adjustments to Shocks in Australia

Mohommad, Adil - 2017

Labor markets in Australia have adjusted smoothly to significant declines in commodity priceswith little increase in unemployment. This paper examines several aspects of the adjustment,focusing on (i) evidence of increased labor market frictions following the commodity pricedecline; (ii)...

Persistent link: https://www.econbiz.de/10012950426

Trading with China : Productivity Gains, Job Losses

Ahn, JaeBin - 2017

We analyze the impact on productivity in advanced economies of fast-growing trade with China between the mid-1990s and late-2000s, separately identifying the export and import channels. We use country-sector-level data for 18 advanced economies and, similar to Autor, Dorn, and Hanson (2013),...

Persistent link: https://www.econbiz.de/10012950428

Labor Market Institutions and the Cost of Recessions

Krebs, Tom - 2017

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance (JSA), on the output cost and welfare cost of recessions. The paper develops a tractable incomplete-market model with search unemployment, skill depreciation during unemployment,...

Persistent link: https://www.econbiz.de/10012956472