The employment to output elasticity has risen from 0.65 during the 1960s and 1970s to 1.25 in the last two decades. We … augment the employment to output elasticity. We find that employment in sectors characterized with occupations with a high …

The employment to output elasticity has risen from 0.65 during the 1960s and 1970s to 1.25 in the last two decades. We … augment the employment to output elasticity. We find that employment in sectors characterized with occupations with a high …

reforms influence employment's responsiveness to output fluctuations (employment–output elasticity). To address this question …

takes place. Finally, we evaluate the effect of a move to 'flexicurity' on the employment-output elasticity in each country. …How do labour market policies influence employment's responsiveness to output fluctuations (employment-output … elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We …