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-term unemployment rates, leading to the need to reform labour market institutions and make them more flexible. Flexible labour markets … employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the …, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible …
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Employment protection (EPL) has a well known negative impact on labor flows as well as an ambiguous but often negative effect on employment. In contrast, its impact on capital accumulation and capital-labor ratio is less well understood. The available empirical evidence suggests a non-monotonic...
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the fragility of low-seniority jobs implies that layoff costs reduce the average job duration and increase unemployment …
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necessarily increasing general unemployment. However, recent evidence from transition and emerging economies shows that employment … protection legislation tends to raise unemployment among disadvantaged groups, particularly youth, and may increase informal work …
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This paper provides robust estimates of the impact of both product and labor market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tend to push up the unemployment …
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