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Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within … particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high …-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on …
Persistent link: https://www.econbiz.de/10005826565
Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China … rapid technological progress. At the same time, the share of labor in national income decreased in most advanced countries …. This paper uses a labor share equation derived from a translog revenue function to estimate the contributions of …
Persistent link: https://www.econbiz.de/10005768889
decline in the relative size of the labor force will result in relatively fewer goods produced. This effect will be …
Persistent link: https://www.econbiz.de/10011244195
This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by strong global growth and supportive fiscal and monetary policies. Private consumption has served as the engine of expansion, supported by resurgence in investment and buoyant...
Persistent link: https://www.econbiz.de/10011244462
The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents...
Persistent link: https://www.econbiz.de/10011245015
high on the government’s agenda. Tax reforms have improved the economy’s growth potential. Reforms in financial, labor … risks. Structural reforms in labor and product markets remain essential to boost long-term growth and secure fiscal …
Persistent link: https://www.econbiz.de/10011245675
available labor. In the aftermath of the crisis, boosting growth is essential to prevent unemployment from becoming a long …-term problem and to facilitate the return to fiscal sustainability. Labor utilization in the euro area has been lagging …, policies and institutions matter more. And there is little excuse for relatively low labor productivity, a particular bane in …
Persistent link: https://www.econbiz.de/10011245859
This paper analyzes the determinants of labor market performance in Algeria. When the model is estimated with panel … data on a sample of MENA and transition countries for 1995- 2005, the results suggest that lower growth in labor … shocks have helped Algeria reduce the differential. Labor market rigidities and labor taxation do not seem to explain why …
Persistent link: https://www.econbiz.de/10005248294
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
The staff report for the 2004 Article IV Consultation on France highlights economic performance and near-term outlook and policies. On structural issues, a health care reform has established the key instruments to gain control over the system’s budget. Ongoing civil service reform and...
Persistent link: https://www.econbiz.de/10005252602