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The Shortcomings of a Partial Release of Employment Protection Laws; The Case of the 2005 French Reform

Cahuc, Pierre; Carcillo, Stéphane - International Monetary Fund (IMF) - 2006

, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to …

Persistent link: https://www.econbiz.de/10005263994

How Does Employment Protection Legislation Affect Unemployment in Tunisia? a Search Equilibrium Approach

Fanizza, Domenico; Koranchelian, Taline - International Monetary Fund (IMF) - 2005

restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia. …

Persistent link: https://www.econbiz.de/10005264000

Precautionary Savings in the Great Recession

Mody, Ashoka; Sandri, Damiano; Ohnsorge, Franziska - International Monetary Fund (IMF) - 2012

Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income...

Persistent link: https://www.econbiz.de/10009654146

Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can

International Monetary Fund (IMF); International … - 2012

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

Persistent link: https://www.econbiz.de/10009654152

After the Crisis; Assessing the Damage in Italy

Sgherri, Silvia; Morsy, Hanan - International Monetary Fund (IMF) - 2010

Italyâ€™s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses, taking a heavy toll on Italyâ€™s economy. With output back to its...

Persistent link: https://www.econbiz.de/10008727814

Danish for All? Balancing Flexibility with Security; The Flexicurity Model

Zhou, Jian-Ping - International Monetary Fund (IMF) - 2007

labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960 …-2002, the paper identifies the elements of the flexicurity model that may have contributed to the low unemployment rate. A … the financing aspect, the paper finds that effective implementation will depend on the initial unemployment level and …

Persistent link: https://www.econbiz.de/10005825613

Reforming Employment Protection Legislation in France

Zhou, Jian-Ping - International Monetary Fund (IMF) - 2006

EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …

Persistent link: https://www.econbiz.de/10005825839

Why Are Women Working so Much More in Canada? An International Perspective

Tsounta, Evridiki - International Monetary Fund (IMF) - 2006

This paper analyzes the role of the tax and benefit system in spurring the impressive increase in Canadian female labor participation in the last decade. Using annual panel data for 10 large industrial countries over the period 1980-2001, I find that reforms in the Canadian tax and benefit...

Persistent link: https://www.econbiz.de/10005826383

The Italian Labor Market; Recent Trends, Institutions, and Reform Options

Schindler, Martin - International Monetary Fund (IMF) - 2009

Despite improvements in labor market performance over the past decade, owing in part to past reforms, Italy's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional landscape and labor market trends from a cross-country...

Persistent link: https://www.econbiz.de/10005826596

Reforming Labor and Product Markets; Some Lessons From Two Decades of Experiments in Europe

Boeri, Tito - International Monetary Fund (IMF) - 2005

flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the …

Persistent link: https://www.econbiz.de/10005826643