Showing 1 - 10 of 87
The staff report for the 2011 Article IV Consultation concluded that a vibrant recovery marked Estonia’s first year in the euro area, albeit amid nascent tensions. The economy’s strong rebound has been grounded in a proven track record of prudent macroeconomic policies. Executive...
Persistent link: https://www.econbiz.de/10011142206
with similar downturns had very different employment trends can help design policies to reduce such costs and improve labor … markets. This paper analyzes the recent employment experiences of six economies: Germany, Korea, Mexico, New Zealand, Spain …
Persistent link: https://www.econbiz.de/10011142213
The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural … and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the … reducing government size have a significant and positive impact on employment elasticities. In addition, the results also …
Persistent link: https://www.econbiz.de/10011155507
enough to raise employment rates, and lackluster real earnings along with still-rampant labor market informality suggest that …
Persistent link: https://www.econbiz.de/10011242228
Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the institutional changes introduced by the 1988...
Persistent link: https://www.econbiz.de/10011242295
This paper argues that the large differences among EU countries in post-crisis employment performance are to a large … boost profits. With much of the cost adjustment falling on firms’ wage bills, employment losses were largest in countries …
Persistent link: https://www.econbiz.de/10011242321
may hamper employment creation. The results of the paper suggest that the relative low output-employment elasticities and …
Persistent link: https://www.econbiz.de/10010790348
We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled … private-sector employment rates and high proportions of government-sector employment. Regressions of either private …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that …
Persistent link: https://www.econbiz.de/10010790351
, lowering tax wedges, and lowering government consumption. At the same time, greater labor supply translated into employment …
Persistent link: https://www.econbiz.de/10010790442
JEL Cl This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural population and that the effects of government...
Persistent link: https://www.econbiz.de/10009369453