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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
unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …
Persistent link: https://www.econbiz.de/10012122485
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor …
Persistent link: https://www.econbiz.de/10009572447
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
Persistent link: https://www.econbiz.de/10013170558
Persistent link: https://www.econbiz.de/10013170607
This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and...
Persistent link: https://www.econbiz.de/10014400873
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …
Persistent link: https://www.econbiz.de/10014396963
This paper reviews conceptual linkages between taxation and unemployment, available empirical evidence and country … policy advice on these issues, and tax policy options in addressing the unemployment problem. It concludes that the emphasis … unemployment …
Persistent link: https://www.econbiz.de/10014396074
This paper studies whether FDI firms employ more workers than domestic firms for each dollar of assets. Using the Orbis database and its ownership structure information, we show that, in most economies, domestic firms tend to employ more workers per asset than FDI firms. The result remains...
Persistent link: https://www.econbiz.de/10012251327
Persistent link: https://www.econbiz.de/10012796732