Showing 1 - 10 of 15,773
This paper studies the role of investment-specific shocks as an amplification mechanism of labor market fluctuations. We first show evidence suggesting that after a fall in the relative price of new equipment, not only do investment and output increase but firms also post more vacancies, hours...
Persistent link: https://www.econbiz.de/10013109615
principal parameters that determine how the commodity shock is going to affect labour market outcomes between high and low …
Persistent link: https://www.econbiz.de/10014636659
This study explores the effects of market deregulation on employment growth. Empirical analysis of an OECD country … through sizable interaction effects. A theoretical framework is developed for evaluating deregulation strategies in the … presence of reform costs. Optimal deregulation takes various forms depending on the deregulation costs and the strength of …
Persistent link: https://www.econbiz.de/10003370554
product market deregulation. We extend that model to combine both reforms, and include the costs of financing them, the …
Persistent link: https://www.econbiz.de/10013135626
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results … framework for evaluating deregulation strategies in the presence of reform costs. Optimal deregulation takes various forms … depending on the deregulation costs, the strength of reform interactions, and the perspective of the policymaker. Unless …
Persistent link: https://www.econbiz.de/10012780701
This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If...
Persistent link: https://www.econbiz.de/10012858957
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are able to complement labor market reforms. We use a simple general equilibrium model with different types of labor. The bottom-line of the paper is that product market reforms...
Persistent link: https://www.econbiz.de/10013321030
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are able to complement labor market reforms. We use a simple general equilibrium model with different types of labor. The bottom-line of the paper is that product market reforms...
Persistent link: https://www.econbiz.de/10011391687
Temporary and part-time workers constitute an important and increasing segment of the workforce in the United States. In this theoretical paper, we examine the impact of IT-induced employment irregularities and deskilling on physical and mental health and economic well-being of such workers. We...
Persistent link: https://www.econbiz.de/10012843343
shock affects aggregate employment. Intra-industry selection is then shown to influence the effectiveness of active labour … market policies in countering the employment and welfare effects of a negative shock. We estimate a measure of the shape …
Persistent link: https://www.econbiz.de/10010432436