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-sharing institutions. The paper then presents new empirical and model-based evidence about how the short-term impact of selected … effects are shaped by differences in institutions. For example, individuals on low incomes, and especially young people, seem … institutions can be identified that facilitate risk sharing between high and low income earners, namely “social protection” and …
Persistent link: https://www.econbiz.de/10009143621
This paper examines how the the distributive impact of macroeconomic shocks is shaped by selected institutions. It uses … institutions. More sophisticated financial markets are found to amplify the redistributive impact of shocks, whereas more flexible … wages, a more elastic labour supply, and a more reactive central bank are found to dampen it.<P>Comment les institutions …
Persistent link: https://www.econbiz.de/10009191041
From the mid-1980s, New Zealand was widely considered to be a leader in liberalising product market regulation (PMR). However, the reform of PMR has lost momentum over recent years. Many areas of PMR are still consistent with best practice, but New Zealand is no longer assessed to be at the...
Persistent link: https://www.econbiz.de/10009195420
institutions, including fiscal rules and autonomous agencies. The final section considers how the political economy of fiscal … finances publiques. Enfin le rôle des institutions budgétaires est abordé, y compris celui des règles budgétaires et des …
Persistent link: https://www.econbiz.de/10008587587
the areas of education, product market regulation and labour markets, as well as improving more basic market institutions … réglementation des marchés de produits et du marché du travail, ainsi que pour améliorer certaines institutions fondamentales de l …
Persistent link: https://www.econbiz.de/10008542503
The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural unemployment through hysteresis effects that occur...
Persistent link: https://www.econbiz.de/10008542505
. The maximum impact varies with the severity of the downturn. Institutions (such as Employment Protection Legislation … pattern in the aftermath of a downturn.<P>Comment les institutions influencent-elles le chômage structurel en temps de crise … Retards Distribués et en prenant en compte l’effet des institutions. A partir d’un panel non cylindré de 30 économies de l …
Persistent link: https://www.econbiz.de/10008498031
, burdensome regulations ... L' impact des politiques économiques et des institutions sur le marche du travail et le marche des … politiques économiques et des institutions sur le marche du travail et le marche des biens sur la productivité et la dynamique …
Persistent link: https://www.econbiz.de/10005045611
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time-varying NAIRUs are estimated for a panel of OECD economies on the basis of Phillips curve equations using Kalman filter techniques. In a second stage, the estimated NAIRUs are regressed on...
Persistent link: https://www.econbiz.de/10005045881
This paper explores the impact of policies and institutions on employment and unemployment of OECD countries in the … and institutions affect employment not only via their impact on aggregate unemployment but also through their effects on … paper also finds significant evidence of interactions across policies and institutions, as well as between institutions and …
Persistent link: https://www.econbiz.de/10005045895