Similar Search Results

Are the French Happy with the 35-Hour Workweek?

Estevão, Marcello M. - 2006

Legally mandated reductions in the workweek can be either a constraint on individuals'' choice or a tool to coordinate individuals'' preferences for lower work hours. We confront these two hypotheses by studying the consequences of the workweek reduction in France from 39 to 35 hours, which was...

Persistent link: https://www.econbiz.de/10014400283

Can a Shorter Workweek Induce Higher Employment? : Mandatory Reductions in the Workweek and Employment Subsidies

Erbas, S. Nuri - 1999

A reduction in the legal workweek may induce a degree of downward wage flexibility, while an employment subsidy to firms accommodates downward wage rigidity. It may be possible, therefore, to increase employment with a policy that combines a reduction in the workweek with an employment subsidy....

Persistent link: https://www.econbiz.de/10014400528

How does taxation affect hours worked in EU new member states?

Velasquez, Agustin; Vtyurina, Svetlana - 2019

Hours worked vary widely across countries and over time. In this paper, we investigate the role played by taxation in explaining these differences for EU New Member States. By extending a standard growth model with novel data on consumption and labor taxes, we assess the evolution of trends in...

Persistent link: https://www.econbiz.de/10012102041

The Effects of Tax Wedgeson Hours Worked and Unemployment in Sweden

Thomas, Alun H. - 1998

The paper investigates the relationship between labor taxation and unemployment in Sweden by estimating a labor market model that includes a wage-setting locus and labor demand and supply relationships. The study simulates the effect of a 1 percentage point increase in the payroll tax and in...

Persistent link: https://www.econbiz.de/10014400829

Does child marriage matter for growth?

Mitra, Pritha; Pondi Endengle, Eric M.; Pant, Malika; … - 2020

Global attention to ending child marriage and its socio-economic consequences is gaining momentum. Ending child … marriage is not only critical from a development perspective but it also has important economic implications. This paper is the … first to quantify the relationship between child marriage and economic growth. Applying a simultaneous equations model, the …

Persistent link: https://www.econbiz.de/10012170160

Pass-through of imported input prices to domestic producer prices : evidence from sector-level data

Ahn, JaeBin; Park, Chang-Gui; Park, Chanho - 2016

Motivated by stylized facts pointing to a dominant role of imported inputs in transmitting external price shocks to domestic prices, this paper zooms in to study the pass-through of imported input costs to domestic producer prices. Our approach constructs effective input price indices from...

Persistent link: https://www.econbiz.de/10011436732

Strengthening the monetary policy framework in Korea

Clinton, Kevin; Craig, Richard Sean; Laxton, Douglas; … - 2019

Adoption of inflation targeting by the Bank of Korea (BOK) in 1998 contributed to low and stable inflation. However, after the global financial crisis (GFC) monetary policy faced more challenging conditions. Inflation slipped below the target range in 2012 and remains below it despite a cut in...

Persistent link: https://www.econbiz.de/10012021893

Transmission of domestic and external shocks through input-output network : evidence from Korean industries

Lee, Dongyeol - 2019

In the last two decades, manufacturing industries in Korea have become more concentrated, and interconnectedness across industries and to foreign countries has risen via vertical relationships and trade linkages. This paper investigates the transmission of economic shocks in such a highly...

Persistent link: https://www.econbiz.de/10012022013

Trade linkages and international business cycle comovement : evidence from Korean industry data

Lee, Dongyeol - 2019

Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper investigates the nature of the link between trade linkages and the comovement of...

Persistent link: https://www.econbiz.de/10012022016

Labor market slack and the output gap : the case of Korea

Hansen, Niels-Jakob Harbo; Mongardini, Joannes; Zhang, Fan - 2019

Output gap estimates are widely used to inform macroeconomic policy decisions, including in Korea. The main determinant of these estimates is the measure of labor market slack. The traditional measure of unemployment in Korea yields an incomplete estimate of labor market slack, given that many...

Persistent link: https://www.econbiz.de/10012102193

1
2
3
4
5
6
7
8
9
Next
Last