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Wage subsidies have served as a primary labour market policy used around the world to mitigate job losses in response … progressive effects across the wage distribution with larger effects observed for lower-wage workers, against a backdrop of … regressively distributed job loss in the country. Our analysis provides evidence on the role of wage subsidies in the mitigation of …
Persistent link: https://www.econbiz.de/10014322609
Wage subsidies served as a dominant labour market policy response around the world to mitigate job losses in response …,195 (US$1,851 PPP) per job saved. While this cost is large relative to the wage costs of jobs supported by the policy, it …
Persistent link: https://www.econbiz.de/10014477556
Technical change impacts both the employment intensity of production and the composition of occupations and skills of … employment. Artificial intelligence, automation, and robots are already leading to machines undertaking routinizable tasks … previously carried out by workers. This can lead to labour market polarization, with jobs in the middle of the wage …
Persistent link: https://www.econbiz.de/10012424108
over the period. The only indicator that worsened was the employment structure by occupational position. Most labour market … was labour earnings for some employment categories. With the onset of the crisis of 2008, the poverty rate stopped falling …
Persistent link: https://www.econbiz.de/10011418557
The Uruguayan story was one of declines in the early years of the 2000s in most indicators, followed by improvements in all of them. Economic growth was negative in the early years due to a severe economic crisis, positive and rapid thereafter except during the international crisis of 2008. Most...
Persistent link: https://www.econbiz.de/10011418562
business cycle over the period. The only indicators that did not improve were the composition of employment by occupational …
Persistent link: https://www.econbiz.de/10011418570
Argentina experienced a decline in the early years of the 2000s, from 2000 to 2002, in GDP and in most labour market indicators, followed by improvements in nearly all of them, tracing out a U-shaped pattern. The international crisis of 2008 impacted negatively only on the unemployment rate and...
Persistent link: https://www.econbiz.de/10011418580
the employment structure by educational level and the percentage of registered workers which suffered a slowdown in their …
Persistent link: https://www.econbiz.de/10011418581
Between 2000 and 2012, Panama boasted the strongest economic growth in Latin America. The growth experience was not uniform: the 2000-02 period was marked by slow or negative growth rates, after which growth was exceptionally rapid. Although the international economic crisis of 2008 slowed the...
Persistent link: https://www.econbiz.de/10011418590
conditions were mixed. The unemployment rate fell, and the mix of employment by occupations, economic sector, and education … improved slightly. However, the employment mix by occupational position deteriorated, and the share of registered workers and …
Persistent link: https://www.econbiz.de/10011418596