Showing 1 - 10 of 485
productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …
Persistent link: https://www.econbiz.de/10005248294
To understand better Canada's smooth reallocation of labor in response to the recent commodity price boom, but seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States. Overall, it finds that while Canada's labor market efficiency...
Persistent link: https://www.econbiz.de/10005263929
. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered …
Persistent link: https://www.econbiz.de/10005824954
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
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
Over the last 15 years, the reforms of employment protection legislation (EPL) in European countries have mainly eased … hiring and firing restrictions for temporary employment while leaving the strict EPL provisions for regular or permanent … EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics …
Persistent link: https://www.econbiz.de/10005825839
Governments often intervene in labor markets with the aim of reducing inequality and promoting employment. Such … 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
's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional …
Persistent link: https://www.econbiz.de/10005826596
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
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment … variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates … by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …
Persistent link: https://www.econbiz.de/10005604960