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Employment-Productivity Trade-off and Labour Composition
Boulhol, Hervé - 2009
This paper formalises the analysis of the employment-productivity trade-off by extending the framework developed by Gordon (1997) to account for labour heterogeneity. The extent of the trade-off is determined by the extent of the adjustment of capital to effective labour and by the changes in...
Persistent link: https://www.econbiz.de/10012444920
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The Effects of Population Structure on Employment and Productivity
Boulhol, Hervé - Economics Department, Organisation de Coopération et … - 2009
The composition of the working-age population can influence aggregate employment and average productivity because both employment rates and productivity levels vary across population groups. This paper assesses the quantitative importance of the working-age population broken down by age, gender...
Persistent link: https://www.econbiz.de/10005046034
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Employment-Productivity Trade-off and Labour Composition
Boulhol, Hervé; Turner, Laure - Economics Department, Organisation de Coopération et … - 2009
This paper formalises the analysis of the employment-productivity trade-off by extending the framework developed by Gordon (1997) to account for labour heterogeneity. The extent of the trade-off is determined by the extent of the adjustment of capital to effective labour and by the changes in...
Persistent link: https://www.econbiz.de/10005046219
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Labour Market Performance by Age Groups: A Focus on France
Boulhol, Hervé; Sicari, Patrizio - Economics Department, Organisation de Coopération et … - 2013
contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age …-specific unemployment rates to the economic cycle is provided for OECD countries. France is one of the OECD countries having the highest …’s total unemployment rate differential with best-performing countries. Youth unemployment rate is especially sensitive to …
Persistent link: https://www.econbiz.de/10011276961
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Making the Labour Market Work Better in Poland
Boulhol, Hervé - Economics Department, Organisation de Coopération et … - 2014
Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...
Persistent link: https://www.econbiz.de/10011276966
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The Declining Competitiveness of French Firms Reflects a Generalised Supply-Side Problem
Boulhol, Hervé; Sicari, Patrizio - Economics Department, Organisation de Coopération et … - 2014
This short paper analyses the decline of France’s trade balance over the past 15 years. While the loss in export market shares is comparable to that of the major OECD countries except Germany, it is one of the largest among the countries of the euro area. The determinants of this outcome seem...
Persistent link: https://www.econbiz.de/10011276887
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Quality of Institutions, Credit Markets and Bankruptcy
Hainz, Christa - CESifo - 2004
The number of firm bankruptcies is surprisingly low in economies with poor institutions. We study a model of bank …. We show that institutions must improve significantly in order to yield a stable equilibrium in which the optimal number … of firms is liquidated. There is also a range where improving institutions may decrease the number of bad firms …
Persistent link: https://www.econbiz.de/10005765650
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Business Groups in Emerging Markets – Financial Control and Sequential Investment
Hainz, Christa - CESifo - 2006
substitute some functions of missing institutions, for example, enforcing contracts. We investigate this by setting up a model …
Persistent link: https://www.econbiz.de/10005094408
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The Political Economy of Corruption and the Role of Financial Institutions
Boerner, Kira; Hainz, Christa - CESifo - 2004
positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more … voters become part of the corrupt system. Well-functioning financial institutions, in turn, can increase the political …
Persistent link: https://www.econbiz.de/10005181428
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Creditor Passivity: The Effects of Bank Competition and Institutions on the Strategic Use of Bankruptcy Filings
Hainz, Christa - CESifo - 2007
intensifies. We find that the better the institutions and the more competitive the banking sector, the higher the bank’s incentive …
Persistent link: https://www.econbiz.de/10005181562