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effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …
Persistent link: https://www.econbiz.de/10012956803
effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … observed changes in policies, the paper finds that product market regulation has the largest overall single policy impact five … market regulation. The paper also shows that policy impacts can differ at different horizons. The overall long-term effects …
Persistent link: https://www.econbiz.de/10011700060
Persistent link: https://www.econbiz.de/10011738958
group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital …
Persistent link: https://www.econbiz.de/10013380909
group of structural policies, typically those where the transmission mechanism depends mainly on productivity and capital …
Persistent link: https://www.econbiz.de/10013427751
The average employment rate for the OECD countries was close to 63 percent in the period 2000- 2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …
Persistent link: https://www.econbiz.de/10012005508
The average employment rate for the OECD countries was close to 63 percent in the period 2000-2015 but there is … considerable variation within and between countries. We find that a dynamic model for employment, derived from a multiple equation … the dynamics well and they imply interpretable estimates of the normal employment rate level, conditional on the state of …
Persistent link: https://www.econbiz.de/10012018509
-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how … whether policy effects vary across countries depending on the level of economic development and whether institutions have an … influence on economic outcomes. The paper lists of policies and institutions that could be used to quantify the effect of …
Persistent link: https://www.econbiz.de/10013314764
This chapter reviews what economists have learned about the impact of labor market institutions, defined broadly as … government regulations and union activity on labor outcomes in developing countries. It finds that: (1) Labor institutions vary …. Most studies find modest adverse effects of the minimum on employment so that the minimum raises the total income of low …
Persistent link: https://www.econbiz.de/10014025732
unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times …
Persistent link: https://www.econbiz.de/10009127008