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This paper shows that the structural breaks are an important characteristic of the monthly labor force participation rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural breaks in the empirical specifications of fractionally...
Persistent link: https://www.econbiz.de/10013065313
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10013131173
This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross … identifying assumption is that stricter employment protection influences worker or firm behaviour, and thereby productivity, more …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …
Persistent link: https://www.econbiz.de/10013325106
performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10013052699
Active labor market policies are massively used with the objective being to improve labor market outcomes of individuals out of work. Many observational evaluation studies have been published. In this review, we critically assess policy effectiveness. We emphasize insights from recent randomized...
Persistent link: https://www.econbiz.de/10012979863
for regulation on employment protection, minimum wages or tax/benefit systems as well as active labour market policies …Labour market institutions are deemed to have a great influence on the level and structure of employment. This holds …
Persistent link: https://www.econbiz.de/10012989836
, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates …, thus allowing us to control for possible substitution effects across situations of non-employment and to check whether … variables. We build time series data to account for annual evolution of employment protection legislation (EPL), and use new …
Persistent link: https://www.econbiz.de/10013317131
In the neoclassical production functions model technical change (TC) is assumed to be exogenous and it is specified as a function of time. However, some exogenous external factors other than time can also affect the rate of TC. In this paper we model TC via a combination of time trend (purely...
Persistent link: https://www.econbiz.de/10013119734
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The … combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed …
Persistent link: https://www.econbiz.de/10013159334
unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of … productivity. However, if human capital matters, unemployment has a long-run effect on the level of productivity. Moreover, if we …
Persistent link: https://www.econbiz.de/10013321303