This paper provides an analysis of recent reforms of tax-benefit systems and a preliminary assessment of their impact on financial incentives to work and on labour supply. Many Member States have introduced policies to “make work pay” and have targeted low-wage workers with the aim of...

Fluctuations in employment are one of the central issues in the labor market literature and have been investigated in a number of empirical and theoretical studies. This study presents a dynamic labor demand framework in which long-term and short-term contracts coexist, and analyzes the...

Fluctuations in employment are one of the central issues in the labor market literature and have been investigated in a number of empirical and theoretical studies. This study presents a dynamic labor demand framework in which long-term and short-term contracts coexist, and analyzes the...

Fluctuations in employment are one of the central issues in the labor market literature and have been investigated in a number of empirical and theoretical studies. This study presents a dynamic labor demand framework in which long-term and short-term contracts coexist, and analyzes the...

Australia, since the early 1980s, has been a leading advocate and practitioner of the neo-liberal economic model, also known as the Anglo-Saxon (or Anglo-American) model due to its geographical origins in the UK and the US, and its subsequent ascendancy in Australia, New Zealand and Canada,...

The Chinese labour market has undergone an extensive restructuring in the last four-and-a-half decades, following the start of the economic reforms, and the open door policy for foreign investment in 1978, under the leadership of Deng Xiaoping. The nature of employment contracts, labour market...

Fluctuations in employment are one of the central issues in the labor market literature and have been investigated in a number of empirical and theoretical studies. This study presents a dynamic framework that can analyze the economy in which long-term and short-term contracts coexist. The...

Fluctuations in employment are a central issue in labour market literature, and they have been investigated in many empirical and theoretical studies. This study constructs a model with adjustment costs and explicit employment contract duration and analyses the employment fluctuations in a...

In this paper we empirically examine the impact of labor market flexibility on FDI flows to oil-rich GCC and compare it to middle income countries in 2006-2011. We account for potential endogeneity and nonstationarity and adopt system GMM and IV estimation methodologies. Our findings show that...

This paper presents the first joint evaluation of the two major labour market reforms implemented in Spain to foster permanent employment in 1994 and 1997. The 1994 reform restored the principle of causality in the application of temporary contracts and the 1997 reform introduced a new permanent...