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This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage … on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on …
Persistent link: https://www.econbiz.de/10011123849
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment …-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to …
Persistent link: https://www.econbiz.de/10011123865
(DVA) and employment for 1995 and 2002. Total DVA generated by exports is obtained by subtracting all direct and indirect … imported intermediate goods from the gross value of exports, and total employment is obtained by adding all direct and indirect … employment generated by exports. To implement these estimations, we use hitherto unpublished Chinese government data to construct …
Persistent link: https://www.econbiz.de/10004980404
Wide-ranging structural reforms are underway in Italy, aimed at addressing key bottlenecks in the product and labor markets. Our analysis, based on the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), attempts to quantify the potential gains to the economy from a comprehensive...
Persistent link: https://www.econbiz.de/10011142132
The staff report for the 2011 Article IV Consultation concluded that a vibrant recovery marked Estonia’s first year in the euro area, albeit amid nascent tensions. The economy’s strong rebound has been grounded in a proven track record of prudent macroeconomic policies. Executive...
Persistent link: https://www.econbiz.de/10011142206
High employment protection in the public sector results in strategic over-employment if government divisions compete … makers in a public sector bureaucracy with very high employment protection. The results confirm that decision makers are …
Persistent link: https://www.econbiz.de/10011096172
Abstract In the 1980s, fifty years after the Great Depression industrial countries came again to be haunted with the spectre of mass unemployment. The unemployment situation, into the 1990s, continues to be dire in several European Union countries. Double digit unemployment rates are currently...
Persistent link: https://www.econbiz.de/10011107275
economy in the middle of 2008. Crisis affects negatively almost all the fields of human life like development, employment …
Persistent link: https://www.econbiz.de/10011107493
. This paper looks at the effects of the crisis on employment and earnings in the financial sector. It also considers how …
Persistent link: https://www.econbiz.de/10011107704
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833