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This paper uses an impulse-response function approach to assess the magnitude and persistence of the effects of downturns on labour force participation for a sample of 30 countries over the period 1960-2008. Past severe recessions appear to have had a significant and persistent impact on...
Persistent link: https://www.econbiz.de/10009146866
This paper explores the short-term employment effect of deregulating job protection forregular workers and how it varies with prevailing business cycle conditions. We apply a localprojection method to a newly constructed 'narrative' dataset of major regular job protectionreforms covering 26...
Persistent link: https://www.econbiz.de/10012929932
Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of...
Persistent link: https://www.econbiz.de/10012910361
effective in stimulating economic activity, boosting confidence, and reducing unemployment, but their effect varies by type of …
Persistent link: https://www.econbiz.de/10013299036
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags …. We found that downturns have, on average, a significant positive impact on the level of structural unemployment rate. The … maximum impact varies with the severity of the downturn. Institutions (such as employment protection legislation, average …
Persistent link: https://www.econbiz.de/10010571596
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags … 2008, we found that downturns have, on average, a significant positive impact on the level of structural unemployment rate …. The maximum impact varies with the severity of the downturn. Institutions (such as Employment Protection Legislation …
Persistent link: https://www.econbiz.de/10008498031
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Persistent link: https://www.econbiz.de/10012990232
Persistent link: https://www.econbiz.de/10012195799
The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural...
Persistent link: https://www.econbiz.de/10011155507