Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China … rapid technological progress. At the same time, the share of labor in national income decreased in most advanced countries …. This paper uses a labor share equation derived from a translog revenue function to estimate the contributions of …

prices and net household wealth. Exports have rebounded, led by a reversal in the services account. Labor market policies … should refocus on labor supply pressures. Additional action should be taken to further bolster financial sector stability …

This paper analyzes the determinants of labor market performance in Algeria. When the model is estimated with panel … data on a sample of MENA and transition countries for 1995- 2005, the results suggest that lower growth in labor … shocks have helped Algeria reduce the differential. Labor market rigidities and labor taxation do not seem to explain why …

This Selected Issues paper examines conditions in Colombian labor markets, which present a big challenge to the country …. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered … underemployed. The paper reviews labor market developments leading up to the reforms. It examines structural issues in the labor …

labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960 …

of the specific labor market. Simulations of the model, calibrated for the French labor market, suggest that the job …

). The paper focuses on cross-border mobility of labor and examines the implications for policymakers with the help of a … general equilibrium model. It finds that cross-border labor mobility provides ample benefits in terms of faster and smoother … convergence. Challenges, however, include containing wage pressures and better mobilizing and utilizing resident labor that does …

Despite improvements in labor market performance over the past decade, owing in part to past reforms, Italy … landscape and labor market trends from a cross-country perspective, and discusses possible avenues for further reform. The … policy discussion draws on international reform experience and on simulations based on a calibrated labor market matching …

interactions between labor and product market reforms. Reforms in labor markets occur at higher frequencies than in product market … two domains. Labor market reforms can exploit institutional trade-offs; notably, reforms can trade labor market …