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Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011413609
In this paper we present and analyze the IMF’s labor market recommendations for advanced economies since the beginning of the crisis, both in general and specifically in program countries. Our analysis is informed by our reading of the theoretical and empirical literature on the design of...
Persistent link: https://www.econbiz.de/10010242774
low unemployment. But how did it fare during the recession, especially in Denmark, which has been highlighted as having a … employment in a recession. Did the high rate of job turnover continue or did long-term unemployment rise? And did the social …
Persistent link: https://www.econbiz.de/10011433182
temporary employment to unemployment, were the main factor behind rising unemployment. Reduced unemployment outflows did not … contribute substantially to the increase in unemployment during the early phase of the crisis. …
Persistent link: https://www.econbiz.de/10011417252
markets, crowd out productive investment and fuel unemployment. Declining wage shares in OECD countries may be driven in part …
Persistent link: https://www.econbiz.de/10011914294
picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The …
Persistent link: https://www.econbiz.de/10012304424
Although the unemployment rate is traditionally used to diagnose the current state of the labor market, this indicator … unemployment GAP. This indicator is useful for policy analysis as it is useful to forecast headline inflation, it also complements …
Persistent link: https://www.econbiz.de/10012594304
There are considerable differences in minimum wage growth between EU member states with national minimum wages. Potential sources for these differences are discrepancies in economic fundamentals and institutional differences in how minimum wages are adjusted. Using a novel dataset based on...
Persistent link: https://www.econbiz.de/10015331987
The frequency of labor inspections in Brazil increased in the late 1990s. In the years that followed, between 2003 and 2007, formal employment expanded significantly in the country. This paper examines whether these city-level changes in labor inspections could be a significant factor...
Persistent link: https://www.econbiz.de/10011975795
The role of the 2000’s German labour market reforms in boosting the German economy has been widely discussed. Considering that one of the main objectives of these reforms was to improve the matching process on the labour market, I use high-frequency administrative data to present new details...
Persistent link: https://www.econbiz.de/10011661350