Compared with its U.S. and U.K. counterparts, the Labor Tax Credit (LTC) is likely to have more limited effects on incentives for primary-earners to enter the labor force, because of the smaller size of the credit. Any significant increase in the LTC to strengthen its effect on the still large...

This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10 countries, in addition to the United States and the euro area. While there is a substantial amount of uncertainty around our estimates,...

ILO pub-WEP pub. Working paper on the migrant worker labour market in Southern Africa - provides a theoretical framework for economic analysis of demand determinants and supply relationships in an economy of surplus labour supply, discusses development policy considerations and forms part of a...

ILO pub-wep pub. Working paper on the labour market of Brazil - discusses theoretical aspects of labour market and labour law, effects of government's wage policy, minimum wage laws, underemployment, unemployment, labour market segmentation, labour demand and labour supply in the agricultural...