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This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new value-added trade data for 63 advanced and emerging economies during 1995–2012. In a panel framework, we identify a strong positive impact of trade intensity on...
Persistent link: https://www.econbiz.de/10011142047
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
The Danish flexicurity model has attracted attention among policymakers in Europe, because it suggests that a flexible 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...
Persistent link: https://www.econbiz.de/10005825613
employment when industries are finely disaggregated (450 manufacturing industries). However, this affect disappears at more …
Persistent link: https://www.econbiz.de/10005768861
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results … employment growth, including through sizable interaction effects. Based on these findings, the paper develops a theoretical …
Persistent link: https://www.econbiz.de/10005769319
We examine the impact of real exchange rate fluctuations on sectoral and regional employment in China from 1980 to 2008 …. In contrast to theoretical predictions, employment in both the tradable and non-tradable sectors contracts following a … with employment data at the region-sector level. The results of this paper have important implications for China's labor …
Persistent link: https://www.econbiz.de/10009151232
finds that Asia's remarkable output growth over the past 40 years reflected both high investment, and rapid productivity …
Persistent link: https://www.econbiz.de/10005826110
towards non-regular employment despite women’s high education levels. This paper empirically examines what helps Japan and … Korea to increase FLFP by type (i.e., regular vs. non-regular employment), using the SVAR model. In so doing, we compare … tend to reduce the proportion of regular female employment in Japan and Korea, (ii) the persistent gender wage gap …
Persistent link: https://www.econbiz.de/10011242431
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