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productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …
Persistent link: https://www.econbiz.de/10005248294
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …
Persistent link: https://www.econbiz.de/10009654166
We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment … effect by which inefficient jobs are destroyed in recessions. In a quantitative version of the model calibrated to the … significant change in aggregate employment. …
Persistent link: https://www.econbiz.de/10009401199
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 … reducing government size have a significant and positive impact on employment elasticities. In addition, the results also …
Persistent link: https://www.econbiz.de/10011155507
. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered …
Persistent link: https://www.econbiz.de/10005824954
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010790482
's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional …
Persistent link: https://www.econbiz.de/10005826596
Over the last 15 years, the reforms of employment protection legislation (EPL) in European countries have mainly eased … hiring and firing restrictions for temporary employment while leaving the strict EPL provisions for regular or permanent … partial reform is inefficient: easing restrictions on temporary jobs fosters both job creation and job destruction, but strict …
Persistent link: https://www.econbiz.de/10005825839
growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in …
Persistent link: https://www.econbiz.de/10005825062
, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to … countries or reforms of employment protection laws. Using a model that captures the characteristics of the French labor market … the creation of 70,000 additional jobs in the long run, but at the cost of a slight deterioration in welfare. …
Persistent link: https://www.econbiz.de/10005263994