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Flexibility vs. Rigidity: Does Spain have the worst of both Worlds?

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2000

In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much...

Persistent link: https://www.econbiz.de/10005703292

Endogenous Indoctrination: Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2009

to learn from experience is itself affected by economic institutions. A society which does not trust markets is more … institutions reinforce each other in slowing or preventing people from learning the correct underlying parameters. …

Persistent link: https://www.econbiz.de/10008506888

Full Employment: A Distant Dream for Europe

Gill, Indermit; Koettl, Johannes; Packard, Truman - Institute for the Study of Labor (IZA) - 2013

America, Oceania, and East Asia. This has led to low labor force participation and high unemployment, especially among young … unnecessary evil. Restructuring unemployment and pension benefits will help to increase participation and reverse the decline of …

Persistent link: https://www.econbiz.de/10010884372

Some Thoughts on Macroeconomic Fluctuations and the Timing of Labor Market Reform

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2002

In this paper, I analyze the pros and cons of implementing structural reforms of the labor market in booms vs. recessions, in light of considerations of social efficiency, political viability, and macroeconomic fine tuning. While the optimal timing of a reform depends on the relative importance...

Persistent link: https://www.econbiz.de/10005761804