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This Selected Issues paper analyzes the growth prospects of the Greek economy. It is estimated that exceptional factors boosted growth by 1 percentage point per year in recent years and, under current trends and policies, growth is likely to drop to about 3 percent by the end of the decade. The...
Persistent link: https://www.econbiz.de/10005825203
This paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward … employment and employment opportunities in the longer term, there could be employment losses in the short run as the economy … policies to cushion the employment impact in the transition, particularly in meeting the skills gap of associated with this …
Persistent link: https://www.econbiz.de/10008528632
This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
Persistent link: https://www.econbiz.de/10005590857
consumption volatility. Calibration of the model for pre and post financial reform in India provides support for the model's key …
Persistent link: https://www.econbiz.de/10010790416
assume that as competition increases industries adjust their employment to a desired level which is both industry and time … manufacturing is not inefficient in labour use as modest speed of adjustment has led employment size closer to the optimal level. …
Persistent link: https://www.econbiz.de/10005233871
exists in India. This paper exploits the institutional features of federally mandated employment quota policy to examine its …The world's biggest and arguably most aggressive form of employment based affirmative action policy for minorities … effect on labor market outcomes of two distinct minority groups. My main finding is that employment quota significantly in …
Persistent link: https://www.econbiz.de/10005015471
This paper examines the determinants of female labor force participation in India, against the backdrop of India having … of policy initiatives can help boost female economic participation in the states of India, including increased labor …
Persistent link: https://www.econbiz.de/10011242329
Using manufacturing data for India, this paper studies the economic effects of legal amendments on two types of labor … laws: employment protection and labor dispute resolution legislation. We find that laws that increase employment protection … or the cost of labor disputes substantially reduce registered sector employment and output. These laws do no seem to …
Persistent link: https://www.econbiz.de/10005762115
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