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Employment fosters equity and economic inclusiveness because those out of work face the highest risk of poverty, and it generates the tax receipts on which the social safety net depends. Further enhancing education and life-long learning would lower hurdles to employment, which are high for the...
Persistent link: https://www.econbiz.de/10011577862
Macro-simulations benchmarking employment in Finland to the Nordic average show that closing the large gaps in labour participation vis-à-vis the other Nordics across genders and age groups would boost employment significantly. Regressions on micro-data from the OECD Survey of Adult Skills...
Persistent link: https://www.econbiz.de/10011577902
Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons. In addition to reducing income inequality and poverty, such reforms would also sustain economic growth as Korea’s working-age population begins...
Persistent link: https://www.econbiz.de/10011577917
This paper investigates whether OECD countries are facing secular stagnation. Secular stagnation is defined as a situation when policy interest rates bounded at zero fail to stimulate demand sufficiently, due to low or negative neutral real interest rates and low inflation, and when ensuing...
Persistent link: https://www.econbiz.de/10010464897
prudential measures for financial institutions and improving mortgage lending by reducing the share of floating-rate and “bullet …
Persistent link: https://www.econbiz.de/10010464911
Technological developments are likely to bring many new opportunities, which may be even larger in emerging economies and may allow them to “leapfrog” certain stages of development. Notwithstanding these opportunities, emerging economies face significant challenges associated with rapid...
Persistent link: https://www.econbiz.de/10012180232
While small- and medium sized firms in Austria are generally more productive, export more, and engage more in higher technology activities than in comparable countries, they need to adapt better to the knowledge economy to maintain their relative performance levels. The capital structure of...
Persistent link: https://www.econbiz.de/10012203255
This paper reviews the different definitions and measures of skills use and shows why it matters for local development policies. Based on findings from the Annual Population Survey and the UK Employer Skills Survey, it provides unique local analysis on how the Leeds City Region compares on...
Persistent link: https://www.econbiz.de/10012227512
The rapid emergence of gig economy platforms that use digital technologies to intermediate labour on a per-task basis has triggered an intense policy debate about the economic and social implications. This paper takes stock of the emerging evidence. The results suggest that gig economy...
Persistent link: https://www.econbiz.de/10012111045
reduced sensitivity of old-age participation to the level of unemployment suggests that the tightening of alternative early … retirement pathways through unemployment or disability schemes has been a major factor in the turnaround in the participation …
Persistent link: https://www.econbiz.de/10012111057