Showing 1 - 10 of 69
's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional …
Persistent link: https://www.econbiz.de/10005826596
flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the …
Persistent link: https://www.econbiz.de/10005826643
Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes underlying such dispersion. According to our empirical findings, persistent RULC growth differentials can...
Persistent link: https://www.econbiz.de/10009019597
We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment … significant change in aggregate employment. …
Persistent link: https://www.econbiz.de/10009401199
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results … employment growth, including through sizable interaction effects. Based on these findings, the paper develops a theoretical …
Persistent link: https://www.econbiz.de/10005769319
To understand better Canada's smooth reallocation of labor in response to the recent commodity price boom, but seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States. Overall, it finds that while Canada's labor market efficiency...
Persistent link: https://www.econbiz.de/10005263929
affected by bank branch deregulation and employment protection occurring over 1972-1993. We find that financial liberalization …, employment protection promotes those industries that are more knowledge intensive, while the effect of financial liberalization … an efficiency channel, better reallocating resources across sectors, while employment protection creates higher …
Persistent link: https://www.econbiz.de/10005825652
The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various empirical methods. It evaluates these methods against economic history and each other by a...
Persistent link: https://www.econbiz.de/10005825681
the likelihood of transiting from wage-and-salary to self-employment. Finally, there is no evidence of higher district …
Persistent link: https://www.econbiz.de/10005825772
trap if unemployment lowers household wealth below the cost of skills acquisition. …
Persistent link: https://www.econbiz.de/10005826021