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Do policies that reduce unemployment raise its volatility? : evidence from OECD countries

De Serres, Alain; Murtin, Fabrice - 2013

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

Better harnessing talent and knowledge to boost sustainable medium-term growth in Spain

Haugh, David; Westmore, Ben - 2014

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

A revised approach to trend employment projections in long-term scenarios

Cavalleri, Maria Chiara; Guillemette, Yvan - 2017

The paper describes revisions to the trend employment component of the production function underpinning long-term economic scenarios. Starting with historical age and sex-specific employment rates, a novel approach is developed to correct for cyclical effects using the country-level employment...

Persistent link: https://www.econbiz.de/10011700324

Identifying and addressing employment barriers in Belgium, Korea and Norway

Fernández, Rodrigo; Hijzen, Alexander; Pacifico, Daniele; … - 2020

This paper documents joblessness in OECD countries, provides a detailed diagnosis of structural employment barriers in Belgium, Korea and Norway by applying the OECD Faces of Joblessness methodology to the situation just before the COVID-19 crisis and discusses the policy implications. It shows...

Persistent link: https://www.econbiz.de/10012312286

Spurring growth in lagging regions in Slovak Republic

Demmou, Lilas; Haluš, Martin; Machlica, Gabriel; … - 2015

Regional inequality in Slovakia is among the highest in the OECD and is increasing. The main reason for regional disparity is the combination of low economic growth and job creation in the eastern and central part of the country and insufficient labour mobility to the west, in particular by...

Persistent link: https://www.econbiz.de/10011399343

Overcoming vulnerability of unemployment insurance schemes

Pareliussen, Jon K. - 2014

Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …

Persistent link: https://www.econbiz.de/10010375309

Making the labour market work better in Poland

Boulhol, Hervé - 2014

Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...

Persistent link: https://www.econbiz.de/10010375396