Similar Search Results

Kangur, Alvar; Kalavrezou, Niki; Kim, Daehaeng - 2022

and discouraged labor force participation. Several attempts to reform the system faltered due to lack of implementation …

Persistent link: https://www.econbiz.de/10013306775

Assessing Chile's Pension System : Challenges and Reform Options

Evans, Christopher; Pienknagura, Samuel - 2022

Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now...

Persistent link: https://www.econbiz.de/10013305547

Can Women Save Japan?

Steinberg, Chad - 2012

which raising female labor participation can help slow this trend. Using a cross-country database we find that smaller … participation rates within countries over time, but that policies are likely increasingly important for explaining differences … across countries. Raising female participation could provide an important boost to growth, but women face two hurdles in …

Persistent link: https://www.econbiz.de/10013098560

The Path to Higher Growth : Does Revamping Japan's Dual Labor Market Matter?

Aoyagi, Chie - 2013

This paper argues that Japan's excessive labor market duality can reduce Total Factor Productivity (TFP) due to a negative impact on non-regular workers' effort and on firms' incentives to train them. On the basis of cross-country empirical evidence, the paper proposes some reform options. In...

Persistent link: https://www.econbiz.de/10013073781

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

Behar, Alberto - 2015

We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an...

Persistent link: https://www.econbiz.de/10013015593

Distributional Implications of Labor Market Reforms : Learning from Spain's Experience

Stepanyan, Ara - 2020

Spain's structural reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery. In particular, there is strong evidence that the 2012 labor market reforms increased wage flexibility, which helped the Spanish economy to regain competitiveness and create...

Persistent link: https://www.econbiz.de/10012839681

The Minimum Wage Puzzle in Less Developed Countries : Reconciling Theory and Evidence

Adam, Christopher - 2020

We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding stylized facts associated with minimum wage laws in less developed countries

Persistent link: https://www.econbiz.de/10012840605

Labor Force Participation in Chile : Recent Trends, Drivers, and Prospects

Blagrave, Patrick - 2017

Gains in labor force participation rates in Chile have slowed in recent years. We examine their determinants using a … equations (SURE) approach, we find that age factors play an important role in determining participation decisions, especially … participation decisions. Using our cohort-based analysis, we construct projections of participation rates, which suggest population …

Persistent link: https://www.econbiz.de/10012956496

Explaining High Unemployment in ECCU Countries

James, Ronald - 2019

have increased the reservation wage and lowered labor force participation. We find no indication that high structural …

Persistent link: https://www.econbiz.de/10012865121

Can Reform Waves Turn the Tide? Some Case Studies Using the Synthetic Control Method

Adhikari, Bibek - 2016

A number of advanced economies carried out a sequence of extensive reforms of their labor and product markets in the 1990s and early 2000s. Using the Synthetic Control Method (SCM), this paper implements six case studies of well-known waves of reforms, those of New Zealand, Australia, Denmark,...

Persistent link: https://www.econbiz.de/10012977792