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restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia …
Persistent link: https://www.econbiz.de/10014400748
employment and the level of unemployment in a two-sector economy with a heterogenous work force. Efficiency wage considerations … and minimum wage legislation lead to labor market segmentation. A technological shock that reduces the demand for …. The net effect of the shock on the employment level of skilled workers is mitigated by the existence of efficiency factors …
Persistent link: https://www.econbiz.de/10014397189
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
The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by … international standards and small relative to the large output shock. This paper explores Japan’s cyclical labor market response to … historical patterns once we control for the size of the output shock; and (iii) the comparatively lower employment response vis …
Persistent link: https://www.econbiz.de/10014403441
education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market … policies, such as unemployment benefits, as well as labor taxation render matching signficantly more difficult …
Persistent link: https://www.econbiz.de/10011705710
equilibrium with unemployment always exists; and (ii) some of the unemployment is involuntary, in the sense that it consists of …
Persistent link: https://www.econbiz.de/10014396310
may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the …
Persistent link: https://www.econbiz.de/10014398139
using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that …
Persistent link: https://www.econbiz.de/10014402300
grounded in theory-namely that job protection deregulation should have larger negative effects in industries characterized by …
Persistent link: https://www.econbiz.de/10011905906
EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate …
Persistent link: https://www.econbiz.de/10014400397