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Employment protection and unemployment benefits: On technology adoption and job creation in a matching model

Lommerud, Kjell Erik; Straume, Odd Rune; Vagstad, Steinar - Núcleo de Investigação em Políticas Económicas … - 2012

We analyse the effects of different labour market policies - employment protection, unemployment benefits and payroll … productivity and wages are determined by ex-post bargaining. In this setting, unemployment benefits are unambiguously detrimental … protection and high unemployment benefits, might have the adverse effect of slowing down technological progress and job growth …

Persistent link: https://www.econbiz.de/10009654313

Portugal; Selected Issues

International Monetary Fund (IMF); International … - 2005

This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but also reflected a more moderate decline in the amount...

Persistent link: https://www.econbiz.de/10005825549

Wage Compression, Employment Restrictions and Unemployment; The Case of Mauritius

International Monetary Fund (IMF); International … - 2004

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

Persistent link: https://www.econbiz.de/10005826536

Belgium; Selected Issues

International Monetary Fund (IMF); International … - 2004

Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the...

Persistent link: https://www.econbiz.de/10005768647

Real Unit Labor Costs Differentials in EMU+L4700; How Big, How Benign and How Reversible?

International Monetary Fund (IMF); International … - 2011

Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes underlying such dispersion. According to our empirical findings, persistent RULC growth differentials can...

Persistent link: https://www.econbiz.de/10009019597

Italy; Selected Issues

International Monetary Fund (IMF); International … - 2011

Based on the economic literature, various policy measures and institutions in the product and labor markets that increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between Vertical Fiscal Imbalances (VFIs) and fiscal performance...

Persistent link: https://www.econbiz.de/10011244125

Former Yugoslav Republic of Macedonia; Selected Issues Paper

International Monetary Fund (IMF); International … - 2013

The Macedonian labor market exhibits a high unemployment rate, yet does not demonstrate obvious and large enough …

Persistent link: https://www.econbiz.de/10011244331

Finland; Selected Issues

International Monetary Fund (IMF); International … - 2007

the limitation of current unemployment and disability benefit schemes. The paper identifies possible strategies to …

Persistent link: https://www.econbiz.de/10011244764

Bangladesh; Poverty Reduction Strategy Paper

International Monetary Fund (IMF); International … - 2013

The Sixth Five Year Plan, as outlined in Bangladesh's Poverty Reduction Strategy Paper, targets strategic growth and employment. The medium-term macroeconomic framework plan entails the involvement of both the private and public sectors. Human resources development strategy programs reaching out...

Persistent link: https://www.econbiz.de/10011244942

Republic of Estonia; 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2013

Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...

Persistent link: https://www.econbiz.de/10011245026