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Distributional implications of labor market reforms : learning from Spain's experience
Stepanyan, Ara; Salas, Jorge - 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/10012177582
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The Labor Market and Economic Adjustment
Agénor, Pierre-Richard - 1995
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market...
Persistent link: https://www.econbiz.de/10014397929
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Labor market reform options to boost employment in South Africa
Duval, Romain; Ji, Yi; Shibata, Ippei - 2021
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327
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Explaining high unemployment in ECCU countries
James, Ronald; Lafeuillee, Jemma; Li, Xin; Salinas, Gonzalo - 2019
In recent years, unemployment rates in some ECCU countries have been among the highest globally. This paper evaluates … significantly associated with high structural unemployment, while the global crisis added a cyclical component. Our analysis also … unemployment is related to the phase out of EU preferences on bananas/sugar exports or to a skills mismatch. As expected …
Persistent link: https://www.econbiz.de/10012102104
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Fiscal expectations under the Stability and Growth Pact : evidence from survey data
Poplawski-Ribeiro, Marcos; Ruelke, Jan-Christoph - 2011
Persistent link: https://www.econbiz.de/10009487131
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Fiscal Expectations Under the Stability and Growth Pact : Evidence From Survey Data
Poplawski-Ribeiro, Marcos - 2011
The paper uses survey data to analyze whether financial market expectations on government budget deficits changed in France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings indicate that accuracy of financial expert deficit forecasts...
Persistent link: https://www.econbiz.de/10014412192
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The Spanish labor market in a cross-country perspective
Jaumotte, Florence - 2011
Persistent link: https://www.econbiz.de/10009488600
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To fire or to hoard? : explaining Japan’s labor market response in the Great Recession
Steinberg, Chad Bennett; Nakane, Masato - 2011
Persistent link: https://www.econbiz.de/10009488605
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The labor market performance of immigrants in Germany
Beyer, Robert - 2016
The paper uses a large survey (GSOEP) to analyze the labor market performance of immigrants in Germany. It finds that new immigrant workers earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for immigrants from advanced countries,...
Persistent link: https://www.econbiz.de/10011436800
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Unemployment and labor market issues in Algeria
Furceri, Davide - 2012
Persistent link: https://www.econbiz.de/10009615330