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businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …
Persistent link: https://www.econbiz.de/10011823646
-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …
Persistent link: https://www.econbiz.de/10011914246
&D spending. Tax wedge reduction leads to less employment gains when EPL is not very stringent. …
Persistent link: https://www.econbiz.de/10011914264
group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital … surveillance exercise, suggests that increased spending on childcare and early childhood education might usefully be part of any …
Persistent link: https://www.econbiz.de/10013278604
effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … impacts. By contrast, the long-term impact of policies coming only via the employment rate channel materialises at shorter …
Persistent link: https://www.econbiz.de/10011700060
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business...
Persistent link: https://www.econbiz.de/10010464864
The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy. The approach undertaken is prominently empirical. After a very brief description of the regulatory levels on the two sides of the Atlantic, we...
Persistent link: https://www.econbiz.de/10005792522
: distorted employment decisions, increased productivity, and higher exit rates. Our empirical analysis, using a novel dataset and …% points higher annual productivity growth, and a 3.6% points higher probability of exit for firms with binding employment …This paper investigates a unique policy designed to maintain employment during the privatization of East German firms …
Persistent link: https://www.econbiz.de/10014334573
-interested decisions made by economic agents is described by a two-dimensional dynamical system in the employment rate and output … constant rate of employment of labor, and constant input shares. The type of oscillations predicted by the model matches …’ bargaining power, has a positive effect on the rate of output growth but a negative effect on employment. …
Persistent link: https://www.econbiz.de/10011048671
setting institutions are found to be robust policy determinants of the aggregate employment and unemployment rates. Looking … beyond the overall employment impact, outcomes for vulnerable groups such as the low educated, the youth and the elderly tend … competition-friendly product market regulations are also found to impact aggregate employment rates positively and significantly …
Persistent link: https://www.econbiz.de/10011399720