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problems in its labor market, reflected in its high long–term and youth unemployment. Our analysis of the drivers of labor …
Persistent link: https://www.econbiz.de/10011242306
The aim of this paper is to analyze unemployment and labor market developments in Algeria and assess the factors that … rigid labor market are the main factors behind the still high level of unemployment, particularly among the youth …. Simulation analyses, based on the results on the relation between labor market institutions and unemployment, show that …
Persistent link: https://www.econbiz.de/10010790348
German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …
Persistent link: https://www.econbiz.de/10010790434
An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged costs, large governments have been popular with electorates. This paper seeks to...
Persistent link: https://www.econbiz.de/10004999968
This paper examines the factors and constraints that affect recent and potential growth in Croatia, as well as policies that can influence it. On current productivity trends, it estimates Croatia's potential growth rate at 4-4½ percent, a result reasonably robust to different methodologies....
Persistent link: https://www.econbiz.de/10005599301
market flows on wage formation as an alternative to the traditional specification of wage equations in which unemployment …
Persistent link: https://www.econbiz.de/10005604781
unemployment rates in some states. Federal government transfers to households also appear to have adversely affected work … incentives in high unemployment states by limiting participation in the labor force. …
Persistent link: https://www.econbiz.de/10005826034
particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment …
Persistent link: https://www.econbiz.de/10005826565
Despite improvements in labor market performance over the past decade, owing in part to past reforms, Italy's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional landscape and labor market trends from a cross-country...
Persistent link: https://www.econbiz.de/10005826596
This paper analyzes the decision of a government facing electoral uncertainty to implement structural reforms in the presence of fiscal restraints similar to the Stability and Growth Pact. The model shows that a pact may harm structural reforms, sacrificing future growth for present stability....
Persistent link: https://www.econbiz.de/10005263795