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Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within …-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on … employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the …
Persistent link: https://www.econbiz.de/10005826565
This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When …
Persistent link: https://www.econbiz.de/10005599418
standard (Solow-style) growth accounting methodologies. We find that factor accumulation (especially labor), rather than growth … of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …
Persistent link: https://www.econbiz.de/10010790356