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relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce unemployment because of … rapid population growth and increased labor force participation. This paper shows that Philippine employment growth and …
Persistent link: https://www.econbiz.de/10005826094
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who move from … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …
Persistent link: https://www.econbiz.de/10005826626
forces. The rigidity of relative wages, despite relative shifts in labor demand that favor skilled workers, has resulted in … sharp declines in employment rates for unskilled workers. The microeconomic evidence is shown to have important implications …
Persistent link: https://www.econbiz.de/10005599346
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus …
Persistent link: https://www.econbiz.de/10005604781
Using a search and matching labor market equilibrium model, this paper quantifies lost labor productivity and consumption per worker that emerges from the restrictions on dismissals. Dismissal restrictions hamper the efficient reallocation of workers, with workers remaining longer in jobs. But...
Persistent link: https://www.econbiz.de/10005604782
institutional changes introduced by the 1988 Constitution lowered the sensitivity of real wages to changes in labor market slack and …
Persistent link: https://www.econbiz.de/10011242295
The paper looks at the dynamics of employment in South Africa and examines the factors that contributed to the job … productivity growth in most sectors, played an important role in suppressing employment creation. The paper also finds that while …
Persistent link: https://www.econbiz.de/10011242317
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution for a given growth rate. Evidence from a variety of...
Persistent link: https://www.econbiz.de/10005263804
This paper examines the impact of international financial integration on macroeconomic volatility in a large group of industrial and developing economies over the period 1960-99. We report two major results: First, while the volatility of output growth has, on average, declined in the 1990s...
Persistent link: https://www.econbiz.de/10005263967
The paper presents a comparative analysis of macroeconomic dynamics of 18 Arab countries based on a panel vector autogression estimation. Comparing growth performance, fiscal and current account developments in these countries, the study concludes that (1) in the short run, external and...
Persistent link: https://www.econbiz.de/10005825740