Labor market issues in the Caribbean : scope to mobilize employment growth

Magda Kandil, Qiaoe Chen, Xin Li, Genevieve Lindow, Mario Mansilla ...

The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth to major sources of labor market determinants, in the long and short run. The main determinants of employment include government investment and private sector credit, while the major determinants of external performance are real effective exchange rate, the price of major exporting commodities, the number of tourists, and growth in major trading partners. Th

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Year of publication:	2014
Authors:	Kandil, Magda ; Chen, Qiaoe ; Li, Xin ; Lindow, Genevieve ; Mansilla, Mario
Publisher:	Washington, DC : IMF
Subject:	Arbeitsmarkt \| Labour market \| Konjunktur \| Business cycle \| Wirtschaftsindikator \| Economic indicator \| Wirtschaftspolitik \| Economic policy \| Karibischer Raum \| Caribbean countries

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Extent:	Online-Ressource (45 S.) graph. Darst.
Series:	IMF working papers. - Washington, DC : IMF, ZDB-ID 2108494-4. - Vol. 14/115
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Description based upon print version of record Systemvoraussetzungen: Acrobat Reader Cover; Contents; I. Introduction; II. Empirical Analysis; A. Labor Market Indicators: Visual Traction; B. Employment-Output Elasticity Analysis; C. Variation in the Unemployment-Output Elasticity; D. Determinants of the Employment-Output Elasticity; III. Institutional and Structural Features in Caribbean Labor Markets; Boxes; 1. The Barbados Labor Market: Institutions, Regulations, and Practices; 2. The Suriname Labor Market: Institutions and Reforms; 3. Labor Market in Trinidad and Tobago: Institutions, Regulations and Practices 4. Some Structural Issues Behind High Unemployment in St. LuciaIV. Summary and Conclusion; Figures; 1. Bahamas: Selected Labor Indicators; 2. Barbados: Selected Labor Indicators; 3. Belize: Selected Labor Indicators; 4. Guyana: Unemployment Rate and Growth; 5. Jamaica: Selected Labor Indicators; 6. St. Lucia: Selected Labor Indicators; 7. Suiname: Selected Labor Indicators; 8. Trinidad and Tobago: Selected Labor Indicators; 9. Medium-Term Labor Market Outcomes; 10. Okun's Law Unemployment Coefficient; Tables; 1. Elasticities; 2. Estimates of the Okun's Law and Unemployment-Employment Relation 3. Long-Run Coefficients4. Short-Run Coefficients; References
ISBN:	978-1-4983-8780-4
Other identifiers:	10.5089/9781498387804.001 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

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