Showing 1 - 10 of 468
Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends … reductions in TFP growth. These results have important policy implications, including that low productivity growth in some …
Persistent link: https://www.econbiz.de/10011242298
seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States … rigidities appear to be reducing Canada's capacity for creative destruction, hence undermining productivity growth. …
Persistent link: https://www.econbiz.de/10005263929
increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between …
Persistent link: https://www.econbiz.de/10011244125
This 2013 Article IV Consultation highlights that the Spanish economy accumulated large imbalances during the long boom that ended with the global financial crisis. Unemployment soared, the fiscal position deteriorated sharply, and funding conditions tightened for both the public and private...
Persistent link: https://www.econbiz.de/10011242476
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
productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade …
Persistent link: https://www.econbiz.de/10005248294
We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment … lower separation costs would have experienced a smaller drop in output and in measured total factor productivity with no … significant change in aggregate employment. …
Persistent link: https://www.econbiz.de/10009401199
This Selected Issues paper examines conditions in Colombian labor markets, which present a big challenge to the country. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered underemployed. The paper reviews labor market developments...
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 …. Portugal was an outstanding performer with double-digit productivity increases in large several high-tech industries. The …
Persistent link: https://www.econbiz.de/10005825549
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