Showing 1 - 10 of 144
The aim of this paper is to analyze unemployment and labor market developments in Algeria and assess the factors that may hamper employment creation. The results of the paper suggest that the relative low output-employment elasticities and rigid labor market are the main factors behind the still...
Persistent link: https://www.econbiz.de/10014396633
The paper surveys three broad categories of labor market institutions in Italy: employment protection legislation, unemployment benefit systems, and wage bargaining arrangements. In each case, the recent evolution and current state of Italian institutions are evaluated and compared with those in...
Persistent link: https://www.econbiz.de/10014398640
Persistent link: https://www.econbiz.de/10009615330
This paper summarizes statistics on the key aspects of the distribution of earnings levels and earnings changes using administrative (social security) data from Italy between 1985 and 2016. During the time covered by our data, earnings inequality and earnings volatility increased, while earnings...
Persistent link: https://www.econbiz.de/10012613375
Spain's export performance strengthened after the global financial crisis, and exports now represent more than a third of GDP. This paper argues that several factors contributed to that achievement: external demand, supported by greater diversification of destination markets; enhanced export...
Persistent link: https://www.econbiz.de/10011978685
This paper discusses the challenges that European Monetary Union (EMU) poses for European labor markets, emphasizing in particular the regional dimension of the European unemployment problem. The authors argue that the inability of labor markets to adjust to shocks is largely a regional problem...
Persistent link: https://www.econbiz.de/10014400813
The paper traces the Baltics’ adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita income levels back to 2005/06 levels. In response to this shock, the Baltics...
Persistent link: https://www.econbiz.de/10014397545
, 1992, Estonia became the first country from the former Soviet Union to abandon the Russian ruble and introduce its own … assesses the economic impact of the reform and also compares Estonia''s experience with that of its Baltic neighbors. It … concludes that although the currency board arrangement made an important contribution to the early success of Estonia …
Persistent link: https://www.econbiz.de/10014399419
participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the … are important to raise aggregate productivity and potential growth in Estonia …
Persistent link: https://www.econbiz.de/10012252668
This paper assesses the macroeconomic impact and policy challenges related to Estonia’s prospective accession to the EU …-based illustrative scenario using MULTIMOD. We conclude that the welfare enhancing effects for Estonia of further EU integration are … Estonia’s accession-related adjustment, its fiscal and structural policies should be geared toward mitigating domestic demand …
Persistent link: https://www.econbiz.de/10014400750