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Author: Mr.Marcello M. Estevão Publisher: International Monetary Fund ISBN: 1451875649 Category : Business & Economics Languages : en Pages : 31
Book Description
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.
Author: Mr.Marcello M. Estevão Publisher: International Monetary Fund ISBN: 1451875649 Category : Business & Economics Languages : en Pages : 31
Book Description
Using panel data for 15 industrial countries, active labor market policies (ALMPs) are shown to have raised employment rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic variables. Among such policies, direct subsidies to job creation were the most effective. ALMPs also affected employment rates by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional and other economic factors. However, part of this wage moderation may be linked to a composition effect because policies were targeted to low-paid individuals. Whether ALMPs are cost-effective from a budgetary perspective remains to be determined, but they are certainly not substitutes for comprehensive institutional reforms.
Author: James J. Heckman Publisher: University of Chicago Press ISBN: 0226322858 Category : Law Languages : en Pages : 585
Book Description
Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.
Author: Publisher: ISBN: Category : Labor market Languages : en Pages : 108
Book Description
Discusses five major topics: the meaning of the term "flexibility", the various forms which it takes in practice, its short-and long-term implications, the diverse forms it may assume in different national contexts, and finally its effectiveness as an instrument of economic and employment policy
Author: Gunther Schmid Publisher: Routledge ISBN: 1315483319 Category : Business & Economics Languages : en Pages : 299
Book Description
The outcome of three years of research on the role of institutions in labor markets at the research unit Labor Market Policy and Employment of the Social Science Research Center Berlin, these seven contributions were originally presented at a conference in December 1992 before a group of experts i
Author: David R. Howell Publisher: Oxford University Press ISBN: 0195165853 Category : Business & Economics Languages : en Pages : 369
Book Description
Critically assessing the widely accepted view that the cause of unemployment is excessive labor market regulation and overly generous welfare state benefits, this book's chapters include both cross-country statistical analyses and country case studies.
Author: Alasdair Blair Publisher: Routledge ISBN: 1134243014 Category : Political Science Languages : en Pages : 392
Book Description
This accessible, user-friendly guide provides students with all the key information and analysis on the European Union and its policies. It covers the main areas, such as the single market and budgeting, and also explores recent developments involving the introduction of the Economic and Monetary Union and the Treaty of Nice. With the accession of ten new member States, the EU is experiencing dramatic changes and this is a comprehensive and thematic guide to all the recent developments. Companion to the European Union is an essential purchase for all students getting to grips with the complexities of the EU and is also an excellent resource for lecturers and professionals.
Author: Mr.Marcello M. Estevão
Author: Mr.Marcello M. Estevão
Author: James J. Heckman
Author: United States. Bureau of Labor Statistics
Author: 
Author: Gunther Schmid
Author: United States. President
Author: David R. Howell
Author: Alasdair Blair
Author: Nancy Bermeo
Author: Karel Wellens