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, which is among the highest in the OECD. The paper argues that policies should continue to tackle the high inactivity of … early stage. For the long-term unemployed, policies should be further strengthened by adjusting the unemployment benefit and …
Persistent link: https://www.econbiz.de/10005045932
Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://www.econbiz.de/10008480477
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …
Persistent link: https://www.econbiz.de/10011277012
This paper analyses the determinants of structural unemployment rates in a two-stage approach. First, time … drivers of structural unemployment. Consistent with earlier studies, the level of product market regulation, union density and … the unemployment benefit replacement rate also play an important role in explaining changes in the NAIRU although there is …
Persistent link: https://www.econbiz.de/10005045881
The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural … unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …
Persistent link: https://www.econbiz.de/10008542505
effects vary with prevailing economic conditions and institutions. Impulse responses of aggregate outcomes (GDP growth … that some labour market reforms (e.g. of unemployment benefit systems and job protection) pay off more quickly in good …
Persistent link: https://www.econbiz.de/10011007419
The composition of the working-age population can influence aggregate employment and average productivity because both employment rates and productivity levels vary across population groups. This paper assesses the quantitative importance of the working-age population broken down by age, gender...
Persistent link: https://www.econbiz.de/10005046034
inactivity traps inherent in the Polish personal transfer system, while improving the efficiency and targeting of social …
Persistent link: https://www.econbiz.de/10005046206
This paper formalises the analysis of the employment-productivity trade-off by extending the framework developed by Gordon (1997) to account for labour heterogeneity. The extent of the trade-off is determined by the extent of the adjustment of capital to effective labour and by the changes in...
Persistent link: https://www.econbiz.de/10005046219
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business...
Persistent link: https://www.econbiz.de/10011276892