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Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis
Furceri, Davide; Crivelli, Ernesto; Toujas-Bernate, Joël - International Monetary Fund (IMF) - 2012
The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural...
Persistent link: https://www.econbiz.de/10011155507
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Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries
Stepanyan, Ara; Leigh, Lamin - International Monetary Fund (IMF) - 2015
unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment … to long-run. Our findings do not provide any evidence that public employment reduces unemployment rate. The analysis in …
Persistent link: https://www.econbiz.de/10011163122
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Productivity or Employment; Is It a Choice?
Michelis, Andrea De; Estevão, Marcello M.; Wilson, … - International Monetary Fund (IMF) - 2013
Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends on their effect on aggregate demand. We raise the possibility that in response to labor supply shocks firms adjust efficiency, rendering TFP endogenous to firms’ production...
Persistent link: https://www.econbiz.de/10011242298
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Productivity Growth and Structural Reform in Bulgaria; Restarting the Convergence Engine
Pouvelle, Cyril; Mitra, Pritha - International Monetary Fund (IMF) - 2012
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
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Labor Market Issues in the Caribbean: Scope to Mobilize Employment Growth
Kandil, Magda E.; Lindow, Genevieve; Mansilla, Mario; … - International Monetary Fund (IMF) - 2014
The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth to major sources of labor market determinants, in the...
Persistent link: https://www.econbiz.de/10010800970
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Does Public-Sector Employment Fully Crowd Out Private-Sector Employment?
Behar, Alberto; Mok, Junghwan - International Monetary Fund (IMF) - 2013
Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that … rates and do not reduce overall unemployment rates. …
Persistent link: https://www.econbiz.de/10010790351
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The Size of Government and U.S.-European Differences in Economic Performance
Bell, Gerwin; Tawara, Norikazu - International Monetary Fund (IMF) - 2009
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
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Labor and Product Market Deregulation; Partial, Sequential, or Simultaneous Reform?
Berger, Helge; Danninger, Stephan - International Monetary Fund (IMF) - 2005
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results, based on an OECD country panel from 1990-2004, suggest that lower levels of product and labor market regulation foster employment growth, including through sizable interaction...
Persistent link: https://www.econbiz.de/10005769319
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Effects of Globalizationon Labor's Share in National Income
Guscina, Anastasia - International Monetary Fund (IMF) - 2006
The past two decades have seen a decline in labor's share of national income in several industrial countries. This paper analyzes the role of three factors in explaining movements in labor's share--factor-biased technological progress, openness to trade, and changes in employment...
Persistent link: https://www.econbiz.de/10005769331
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Emerging Strains in GCC Labor Markets
Fasano-Filho, Ugo; Goyal, Rishi - International Monetary Fund (IMF) - 2004
Unemployment pressures among nationals are emerging in the Cooperation Council for the Arab States of the Gulf (GCC). 2 … unemployment pressures while striking a balance between maintaining a liberal foreign labor policy and a reasonable level of …
Persistent link: https://www.econbiz.de/10005599572