Showing 1 - 10 of 363
in exploration and production activity has impacted employment. We find robust statistical support for the hypothesis … impact on employment. The strongest impact is contemporaneous, though months later in the year also experience statistically …
Persistent link: https://www.econbiz.de/10011242259
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage … on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on …
Persistent link: https://www.econbiz.de/10011123849
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment …-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to …
Persistent link: https://www.econbiz.de/10011123865
Jorda’s (2005) local projection methodology, we find that cumulative fiscal multipliers related to output, employment and …
Persistent link: https://www.econbiz.de/10011142040
This paper finds a negative relationship between the employment share of the service sector and the volatility of …
Persistent link: https://www.econbiz.de/10011142123
Wide-ranging structural reforms are underway in Italy, aimed at addressing key bottlenecks in the product and labor markets. Our analysis, based on the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), attempts to quantify the potential gains to the economy from a comprehensive...
Persistent link: https://www.econbiz.de/10011142132
This paper compiles and compares recent and past measures introduced to contain the public wage bill in a number of emerging and advanced economies to assess their effectiveness in bringing down expenditure in a sustained way. In the aftermath of the Great Recession a number of countries have...
Persistent link: https://www.econbiz.de/10011142136
This paper examines the impact of fiscal policy on employment through the lenses of Okun’s Law. Looking at the panel … of OECD countries over the past three decades, we find that fiscal policy can affect employment beyond the impact it is … can amplify the impact of the output gap on employment gaps. …
Persistent link: https://www.econbiz.de/10011142200
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