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The present paper studies whether labour market deregulation is correlated with employment creation in Italy and the decline of trade union power. Our hypothesis is that the correlation does not hold, and that flexible contracts facilitated the dichotomy between industry and tertiary, without...
Persistent link: https://www.econbiz.de/10010959487
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …
Persistent link: https://www.econbiz.de/10009711222
dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries. …
Persistent link: https://www.econbiz.de/10009725373
inactivity traps inherent in the Polish personal transfer system, while improving the efficiency and targeting of social …
Persistent link: https://www.econbiz.de/10012445638
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10014025126
This paper identifies the labour market impact of the Great Recession on immigrants compared to natives and how this relationship has evolved since the downturn. We find that the employment penalty suffered by immigrant workers, relative to native workers, increased significantly over the Irish...
Persistent link: https://www.econbiz.de/10011577698
Structural transformation towards a more knowledge-based economy will strengthen Spain’s medium-term growth prospects. To deal with long standing impediments to higher growth the government has a substantial structural reform programme touching on education, the labour market and the business...
Persistent link: https://www.econbiz.de/10010464864
This paper evaluates the effects for the Spanish case of allowing greater flexibility regarding the weekly hours worked on the working week, employment and productivity. A baseline model economy is calibrated to reproduce the cross-sectional distribution of workweeks across plants, as well as...
Persistent link: https://www.econbiz.de/10010241369
High employment growth has sustained Israel’s high GDP growth in recent decades, but demographic change and labour market duality put future growth at risk. Policy action is required to stimulate employment and raise labour productivity, especially among population groups with weaker labour...
Persistent link: https://www.econbiz.de/10014491347
Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...
Persistent link: https://www.econbiz.de/10012444601