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This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The paper describes the legal and institutional framework of the Cypriot labor market, and discusses the voluntary framework for negotiations, the degree of unionization and the system...
Persistent link: https://www.econbiz.de/10005598850
The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by … the global financial crisis. Our findings suggest that: (i) employment responsiveness has been historically low but rising … historical patterns once we control for the size of the output shock; and (iii) the comparatively lower employment response vis …
Persistent link: https://www.econbiz.de/10008839361
unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the … could have contributed to the ensuing higher rates of unemployment in the country. Moreover, the paper shows that states …
Persistent link: https://www.econbiz.de/10011242295
moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates—a “wage curveâ … relationship with unemployment rates and business GDP. The paper also examines aspects of the European Central Bank’s monetary …
Persistent link: https://www.econbiz.de/10005591480
Work absence is an important part of the individual decision on actual working hours. This paper focuses on sickness absence in Europe and develops a stylized model where absence is part of the labor-leisure decision made by workers and the production decision made by profit-maximizing firms,...
Persistent link: https://www.econbiz.de/10005826222
Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment … large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that …
Persistent link: https://www.econbiz.de/10005768837
, lowering tax wedges, and lowering government consumption. At the same time, greater labor supply translated into employment …
Persistent link: https://www.econbiz.de/10010790442
unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling and has led some to question the … structurally slower real wage growth, that is, "wage moderation," does raise output growth and lower unemployment rates. However, I … output and employment. …
Persistent link: https://www.econbiz.de/10005605144
unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the … employment decisions of unemployed workers at different skill levels. …This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and …
Persistent link: https://www.econbiz.de/10005826626
felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment …
Persistent link: https://www.econbiz.de/10004999951