-à-vis other countries can in part be explained by the quick implementation of an employment subsidy program, a more flexible wage …The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by … the global financial crisis. Our findings suggest that: (i) employment responsiveness has been historically low but rising …

for interpreting trends in wage shares, capital-labor ratios, and aggregate unemployment. …This paper uses micro data from the German Socio-Economic Panel to document that the wage structure in West Germany was … remarkably stable during 1984-97, with little variation over time in wage or earnings inequality between and within different …

relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce unemployment because of …Unemployment has remained high in the Philippines, at almost twice the level of neighboring countries, despite … rapid population growth and increased labor force participation. This paper shows that Philippine employment growth and …

governance. It reviews the employment issues and trends in the budget framework, and also analyzes the implementation, monitoring …

Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries … felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment … protection and benefits between regular and nonregular workers could help put Japan's wages on an upward trajectory in the medium …

Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment … most likely because of a structural change in workers' behavior, i.e. "wage moderation". The outward shift was particularly … large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that …

with similar downturns had very different employment trends can help design policies to reduce such costs and improve labor … markets. This paper analyzes the recent employment experiences of six economies: Germany, Korea, Mexico, New Zealand, Spain … in the presence of wage rigidities. Policies to avoid job cuts were much more effective when they were well-targeted and …

by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment … variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates …

particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment … employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the …