On the effects of reducing the government's role in the labour market: a stylished model for Egypt with some numerical policy examples

This paper analyzes the consequences of pursuing a less activist Government employment stabilization policy strategy in Egypt. On the basis of a fairly stylized model we find that a reduction of the Government’s involvement in the economy along with an introduction of mild but binding firing regulations in the private sector may lead to a rise in total employment and to an improvement in Egypt’s trade balance vis-à-vis the rest of the world.

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Year of publication:	1999
Authors:	Risager, Ole ; Yang, Chang-Po
Publisher:	Frederiksberg : Copenhagen Business School (CBS), Department of Economics
Subject:	Uncertain environment \| Job security \| Countercyclical government intervention with lifetime employment guarantees \| Wages \| Employment \| Labour market \| Egypt

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Series:	Working paper ; 3-99
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	333262522 [GVK] hdl:10419/208414 [Handle] hdl:10398/7659 [Handle] RePEc:hhs:cbsnow:1999_003 [RePEc]
Classification:	J40 - Particular Labor Markets. General
Source:	EconStor

Persistent link: https://www.econbiz.de/10012142215