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Author : Winfried Koeniger
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.E/5 ( download)
Download or read book Employment Protection, Product Market Competition and Growth written by Winfried Koeniger and published by . This book was released on 2002 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Yu-Fu Chen
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (162 download)
Download or read book Product Market Competition, Investment and Employment-abundant Versus Job-poor Growth written by Yu-Fu Chen and published by . This book was released on 2005 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The analytic strategy of this paper relies upon the stochastic real options modelling approach. In a nutshell, our simulations using numerical methods indicate that comprehensive product market reforms would increase factor demand and growth significantly in the medium and long run.
Author : Sónia Félix
Publisher : International Monetary Fund
ISBN 13 : 1513521519
Total Pages : 57 pages
Book Rating : 4.5/5 (135 download)
Download or read book What is the Impact of Increased Business Competition? written by Sónia Félix and published by International Monetary Fund. This book was released on 2019-12-13 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that reduced entry time and costs. Using the staggered implementation of the policy across the Portuguese municipalities, we find that the reform increased local entry and employment by, respectively, 25% and 4.8% per year in its first four years of implementation. Moreover, around 60% of the increase in employment came from incumbent firms expanding their size, with most of the rise occurring among the most productive firms. Standard models of firm dynamics, which assume a constant elasticity of substitution, are inconsistent with the expansionary and heterogeneous response across incumbent firms. We show that in a model with heterogeneous firms and variable markups the most productive firms face a lower demand elasticity and expand their employment in response to increased entry.
Author : Gilles Saint-Paul
Publisher : International Monetary Fund
ISBN 13 : 1451843356
Total Pages : 24 pages
Book Rating : 4.4/5 (518 download)
Download or read book Employment Protection, International Specialization, and innovation written by Gilles Saint-Paul and published by International Monetary Fund. This book was released on 1996-02-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a model to analyze the implications of firing costs on incentives for R & D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labor market will tend to produce relatively secure goods, at a late stage of their product life cycle. Under international trade, an international product cycle emerges where, roughly, new goods are first produced in the low firing cost country and then move to the high firing cost country. We show that in the closed economy, an increase in firing costs does not necessarily imply a reduction in R & D; it crucially depends on the riskiness of R & D activity relative to production activity. In the open economy, however, an increase in firing cost is much more likely to reduce R & D intensity.
Author : Giuseppe Nicoletti
Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.:/5 (849 download)
Download or read book Summary Indicators of Product Market Regulation with an Extension to Employment Protection Leguislation written by Giuseppe Nicoletti and published by . This book was released on 1999 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tito Boeri
Publisher : Princeton University Press
ISBN 13 : 0691158932
Total Pages : 464 pages
Book Rating : 4.6/5 (911 download)
Download or read book The Economics of Imperfect Labor Markets written by Tito Boeri and published by Princeton University Press. This book was released on 2013-09-24 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most labor economics textbooks pay little attention to actual labor markets, taking as reference a perfectly competitive market in which losing a job is not a big deal. The Economics of Imperfect Labor Markets is the only textbook to focus on imperfect labor markets and to provide a systematic framework for analyzing how labor market institutions operate. This expanded, updated, and thoroughly revised second edition includes a new chapter on labor-market discrimination; quantitative examples; data and programming files enabling users to replicate key results of the literature; exercises at the end of each chapter; and expanded technical appendixes. The Economics of Imperfect Labor Markets examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, active labor market policies, working-time regulations, family policies, equal opportunity legislation, collective bargaining, early retirement programs, education and migration policies, payroll taxes, and employment-conditional incentives. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are today being changed by political and economic forces. Expanded, thoroughly revised second edition New chapter on labor-market discrimination New quantitative examples New data sets enabling users to replicate key results of the literature New end-of-chapter exercises Expanded technical appendixes Unique focus on institutions in imperfect labor markets Integrated framework and systematic coverage Self-contained chapters on each of the most important labor-market institutions
Author : Mr.Babacar Sarr
Publisher : International Monetary Fund
ISBN 13 : 1513517910
Total Pages : 35 pages
Book Rating : 4.5/5 (135 download)
Download or read book The Macroeconomic Effects of Labor and Product Market Reforms in Morocco written by Mr.Babacar Sarr and published by International Monetary Fund. This book was released on 2019-10-11 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more effective if this reform takes place after the implementation of LMRs and PMRs.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 926411131X
Total Pages : 146 pages
Book Rating : 4.2/5 (641 download)
Download or read book OECD Green Growth Studies Towards Green Growth written by OECD and published by OECD Publishing. This book was released on 2011-05-25 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides concrete recommendations and measurement tools to support countries’ efforts to achieve green economic growth and development.
Author : Martha Martinez Licetti
Publisher : World Bank Publications
ISBN 13 : 1464809461
Total Pages : 275 pages
Book Rating : 4.4/5 (648 download)
Download or read book A Step Ahead written by Martha Martinez Licetti and published by World Bank Publications. This book was released on 2017-06-29 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable economic development has played a major role in the decline of global poverty in the past two decades. There is no doubt that competitive markets are key drivers of economic growth and productivity. They are also valuable channels for consumer welfare. Competition policy is a powerful tool for complementing efforts to alleviate poverty and bring about shared prosperity. An effective competition policy involves measures that enable contestability and firm entry and rivalry, while ensuring the enforcement of antitrust laws and state aid control. Governments from emerging and developing economies are increasingly requesting pragmatic solutions for effective competition policy implementation, as well as recommendations for pro-competitive sectoral policies. A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth puts forward a research agenda that advocates the importance of market competition, effective market regulation, and competition policies for achieving inclusive growth and shared prosperity in emerging and developing economies. It is the result of a global partnership and shared commitment between the World Bank Group and the Organisation for Economic Co-operation and Development (OECD). Part I of the book brings together existing empirical evidence on the benefits of competition for household welfare. It covers the elimination of anticompetitive practices and regulations that restrict competition in key markets and highlights the effects of competition on small producers and employment. Part II of the book focuses on the distributional effects of competition policies and how enforcement can be better aligned with shared prosperity goals.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264100628
Total Pages : 342 pages
Book Rating : 4.2/5 (641 download)
Download or read book OECD Employment Outlook 2003 Towards More and Better Jobs written by OECD and published by OECD Publishing. This book was released on 2003-09-17 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an annual assessment of labour market developments and prospects in the OECD area. This edition includes chapters on the labour mobilisation challenge, makng work pay, benefits and employment, and upgrading workers'skills. A Statistical Annex is provided.
Author : Anke Hassel
Publisher : Oxford University Press
ISBN 13 : 0192635824
Total Pages : 432 pages
Book Rating : 4.1/5 (926 download)
Download or read book Growth and Welfare in Advanced Capitalist Economies written by Anke Hassel and published by Oxford University Press. This book was released on 2021-01-14 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth and Welfare in Advanced Capitalist Economies takes stock of the major economic challenges that advanced industrial democracies have faced since the early 1990s and the responses by governments to them. It has three goals: firstly, to further our understanding of how political economies have transformed over the past decades; secondly, to analyse the contribution of governments to these changes, by looking at their growth strategies and thirdly, to highlight and analyse the role of the reforms of welfare systems in this transformative change. In a nutshell, this book maps and provides general understanding of the evolution of growth regimes in advanced capitalist countries. It identifies five main growth regimes in contemporary advanced capitalist economies (three export-led and two domestic demand-led ones). To do so the book combines a supply side approach to economic growth as advocated by the Varieties of Capitalism Literature (OUP, 2001) with a demand side perspective as the recent discussion on growth models has exemplified. It argues that all political economies consist of growth regimes, which are based on a set of institutions that shape the supply side of the economy as well as on demand drivers such as government spending and private consumption. Both supply and demand are heavily shaped by the welfare state which provides for skills through education systems and stimulates demand through high social spending and private pension funds. The book focuses on the analysis of welfare reforms as growth strategies pursued by governments in an era characterised by financialization and the rise of the knowledge economy.
Author : Aysegul Sahin
Publisher :
ISBN 13 : 9781457838200
Total Pages : 79 pages
Book Rating : 4.8/5 (382 download)
Download or read book Mismatch Unemployment written by Aysegul Sahin and published by . This book was released on 2012 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources of cross-sectional data on vacancies, JOLTS and HWOL, a new database covering the universe of online U.S. job advertisements. Mismatch across industries and occupations explains at most 1/3 of the total observed increase in the unemployment rate, whereas geographical mismatch plays no apparent role. The share of the rise in unemployment explained by occupational mismatch is increasing in the education level.
Author : Joan Robinson
Publisher : Springer
ISBN 13 : 1349153206
Total Pages : 359 pages
Book Rating : 4.3/5 (491 download)
Download or read book The Economics of Imperfect Competition written by Joan Robinson and published by Springer. This book was released on 1969-07-01 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : P. Richard G. Layard
Publisher : Oxford University Press, USA
ISBN 13 : 9780199279166
Total Pages : 686 pages
Book Rating : 4.2/5 (791 download)
Download or read book Unemployment written by P. Richard G. Layard and published by Oxford University Press, USA. This book was released on 2005 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt: This broad survey of unemployment will be a major source of reference for both scholars and students.
Author : Giampaolo Galli
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782541806
Total Pages : 552 pages
Book Rating : 4.5/5 (418 download)
Download or read book Regulatory Reform and Competitiveness in Europe: Horizontal issues written by Giampaolo Galli and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the book the authors aim to show how the market can function more efficiently and offer policy recommendations to show how regulatory reform can improve competitiveness at the firm level as well as performance at the industry, national and EU levels.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264115110
Total Pages : 105 pages
Book Rating : 4.2/5 (641 download)
Download or read book OECD Green Growth Studies Energy written by OECD and published by OECD Publishing. This book was released on 2012-01-16 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report looks at the role of the energy sector in moving towards a green growth model and the policies to facilitate the transition.
Author : Mr.Romain A Duval
Publisher : International Monetary Fund
ISBN 13 : 1484333012
Total Pages : 44 pages
Book Rating : 4.4/5 (843 download)
Download or read book Job Protection Deregulation in Good and Bad Times written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2017-12-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditions. We apply a local projection method to a newly constructed “narrative” dataset of major regular job protection reforms covering 26 advanced economies over the past four decades. The analysis relies on country-sector-level data, using as an identifying assumption the fact that stringent dismissal regulations are more binding in sectors that are characterized by a higher “natural” propensity to regularly adjust their workforce. We find that the responses of sectoral employment to large job protection deregulation shocks depend crucially on the state of the economy at the time of reform——they are positive in an expansion, but become negative in a recession. These findings are consistent with theory, and are robust to a broad range of robustness checks including an Instrumental Variable approach using political economy drivers of reforms as instruments. Our results provide a case for undertaking job protection reform in good times, or for designing it in ways that enhance its short-term impact.
