Labor Market Flexibility and Unemployment : New Empirical Evidence of Static and Dynamic Effects

Bernal-Verdugo, Lorenzo E

The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing regulations and hiring costs are found to have the strongest effect

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Year of publication:	2012
Authors:	Bernal Verdugo, Lorenzo Ernesto
Other Persons:	Guillaume, Dominique M. (contributor) ; Furceri, Davide (contributor) ; Bernal Verdugo, Lorenzo Ernesto (contributor)
Publisher:	Washington, D.C : International Monetary Fund
Subject:	Arbeitslosigkeit \| Unemployment \| Arbeitsmarktflexibilität \| Labour market flexibility \| Welt \| World \| Theorie \| Theory

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Extent:	Online-Ressource (28 p)
Series:	IMF working papers. - Washington, DC : IMF, ZDB-ID 2108494-4. - Vol. Working Paper No. 12/64
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper
Language:	English
ISBN:	1-4639-3841-1 ; 978-1-4639-3841-3
Other identifiers:	10.5089/9781463938413.001 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014396903