The Role Of Labor Market Changes In The Slowdown Of European Productivity Growth

Download The Role Of Labor Market Changes In The Slowdown Of European Productivity Growth full books in PDF, epub, and Kindle. Read online The Role Of Labor Market Changes In The Slowdown Of European Productivity Growth ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

The Role of Labor Market Changes in the Slowdown of European Productivity Growth

Author : Ian Dew-Becker
Publisher :
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (222 download)

DOWNLOAD NOW!

Book Synopsis The Role of Labor Market Changes in the Slowdown of European Productivity Growth by : Ian Dew-Becker

Download or read book The Role of Labor Market Changes in the Slowdown of European Productivity Growth written by Ian Dew-Becker and published by . This book was released on 2008 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in employment per capita, leaving little difference in growth of output per capita between the EU and US going back to 1980. This paper is about the strong negative tradeoff between productivity and employment growth within Europe. We document this tradeoff in the raw data, in regressions that control for the two-way causation between productivity and employment growth, and we show that there is a robust negative correlation between productivity and employment growth across countries and time. Our primary explanatory variables to explain both the revival of EU employment growth and the slowdown in productivity growth include six policy and institutional variables. We find that several of these variables have significant negative effects on employment per capita, both before and after 1995. We also find a significant time effect, that the increase in European employment per capita increased after 1995 for reasons that go beyond our six explanatory variables, and we link this time effect to a secular increase in the labor-force participation of women, particularly in southern European countries. We conclude by suggesting that evaluations of alternative policy reforms in Europe should take into account any offsetting effects on employment and productivity by examining the ultimate impact on changes in income per capita.

The Role of Labour Market Changes in the Slowdown of European Productivity Growth

Author : Ian Dew-Becker
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

DOWNLOAD NOW!

Book Synopsis The Role of Labour Market Changes in the Slowdown of European Productivity Growth by : Ian Dew-Becker

Download or read book The Role of Labour Market Changes in the Slowdown of European Productivity Growth written by Ian Dew-Becker and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Productivity

Author : Alistair Dieppe
Publisher : World Bank Publications
ISBN 13 : 1464816093
Total Pages : 552 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!

Book Synopsis Global Productivity by : Alistair Dieppe

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Productivity Puzzles Across Europe

Author : Philippe Askenazy
Publisher : Oxford University Press
ISBN 13 : 0191089400
Total Pages : 336 pages
Book Rating : 4.1/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Productivity Puzzles Across Europe by : Philippe Askenazy

Download or read book Productivity Puzzles Across Europe written by Philippe Askenazy and published by Oxford University Press. This book was released on 2016-09-08 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 financial crisis put an end to an era of sustained economic growth in Europe. The size of the shock differed across European countries and affected economies in different ways. Yet despite this heterogeneity, most European countries suffered a prolonged period of economic slowdown which raised concerns about the risk of a secular stagnation in Europe. This book focuses on labour productivity in Europe, one of the main drivers of growth and prosperity. Although productivity trends became the focus of policy interest in the immediate aftermath of the recession in the UK, 'productivity puzzles' received much less attention in the rest of Europe. These 'puzzles', which are apparent to greater or lesser extents in most European economies, centre on the marked decline in labour productivity growth which occurred with the on-set of recession. They are puzzles because, in neo-classical economics, firms respond to demand shocks by laying off workers, thus maintaining labour productivity and limiting growth in unit labour costs. Yet this didn't happen in this recession - at least, not to the same extent as in previous recessions, except in Spain. This book brings together contributions from leading European economists who analyse production models and macroeconomic policies, with specific focus on European countries that represent around 60% of the EU GDP. Chapters on France, Germany, the UK, and Spain provide new evidences at the firm/workplace level, and stress the role of transitory labour market mechanisms

The European Labor Market and Technology

Author : Artur Usanov
Publisher : The Hague Centre for Strategic Studies
ISBN 13 : 949104091X
Total Pages : 65 pages
Book Rating : 4.4/5 (91 download)

DOWNLOAD NOW!

Book Synopsis The European Labor Market and Technology by : Artur Usanov

Download or read book The European Labor Market and Technology written by Artur Usanov and published by The Hague Centre for Strategic Studies. This book was released on 2014-07-09 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, rapid technological progress has led to a wholesale destruction of middle-level jobs and a substantial rise in income inequality. It could also bring an era of high structural unemployment. These impacts constitute a major challenge that cannot be ignored by policymakers. They affect the fundamentals of our labor market – and might severely shake the social structure and stability of our society. This new report examines the impacts of technology on the European labor market. The report documents that technological innovation brings not only immense benefits but also significant dislocations in the labor market by making many jobs redundant. HCSS calls upon policymakers to take the risks of job polarization, increased inequality and potentially high technological unemployment quite seriously and suggests some policy measures that could mitigate these risks.The study was conducted in the context of the TNO Strategy & Change program. To download the report, please click on the button on the right.

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies

Author : Mr.Gee Hee Hong
Publisher : International Monetary Fund
ISBN 13 : 1484346947
Total Pages : 44 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies by : Mr.Gee Hee Hong

Download or read book More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies written by Mr.Gee Hee Hong and published by International Monetary Fund. This book was released on 2018-03-09 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nominal wage growth in most advanced economies remains markedly lower than it was before the Great Recession of 2008–09. This paper finds that the bulk of the wage slowdown is accounted for by labor market slack, inflation expectations, and trend productivity growth. In particular, there appears to be greater slack than meets the eye. Involuntary part-time employment appears to have weakened wage growth even in economies where headline unemployment rates are now at, or below, their averages in the years leading up to the recession.

International Productivity Monitor

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264279172
Total Pages : 222 pages
Book Rating : 4.2/5 (642 download)

DOWNLOAD NOW!

Book Synopsis International Productivity Monitor by : OECD

Download or read book International Productivity Monitor written by OECD and published by OECD Publishing. This book was released on 2017-07-17 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 32nd issue of the International Productivity Monitor is a special issue produced in collaboration with the OECD. All articles published in this issue were selected from papers presented at the First Annual Conference of the OECD Global Forum on Productivity held in Lisbon, Portugal, July ...

The Political Economy of Structural Reforms in Europe

Author : Nauro F. Campos
Publisher : Oxford University Press
ISBN 13 : 0192554980
Total Pages : 401 pages
Book Rating : 4.1/5 (925 download)

DOWNLOAD NOW!

Book Synopsis The Political Economy of Structural Reforms in Europe by : Nauro F. Campos

Download or read book The Political Economy of Structural Reforms in Europe written by Nauro F. Campos and published by Oxford University Press. This book was released on 2018-07-03 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms in labour and product markets play a central role in government policies. The Political Economy of Structural Reforms in Europe takes stock of current frontier work. It brings together leading contributions from academia, the central banks in Europe, and the OECD to argue that structural reforms can make a fundamental contribution to improve economic performance across Europe. The Political Economy of Structural Reforms in Europe brings together theoretical and empirical studies that address the potential role of structural reforms in restoring macroeconomic stability, resuming economic growth, addressing income inequality, and grappling secular stagnation. It throws new light on the determinants and effects of structural reforms and on how these shape the European integration experience.

Women at Work

Author : Tito Boeri
Publisher : Oxford University Press, USA
ISBN 13 : 0199281874
Total Pages : 293 pages
Book Rating : 4.1/5 (992 download)

DOWNLOAD NOW!

Book Synopsis Women at Work by : Tito Boeri

Download or read book Women at Work written by Tito Boeri and published by Oxford University Press, USA. This book was released on 2005 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering employment and wage gender gaps, participation of women, fertility, and the welfare of children, this insightful volume considers the trend towards greater particiption of women in labor markets. It addresses the trade-offs involved in increasing participation of women in paid employment, setting out a better informed policy debate about these issues, and paving the way to realistic targets and ways to achieve them.

Facing Up to Low Productivity Growth

Author : Adam S. Posen
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881327328
Total Pages : 499 pages
Book Rating : 4.8/5 (813 download)

DOWNLOAD NOW!

Book Synopsis Facing Up to Low Productivity Growth by : Adam S. Posen

Download or read book Facing Up to Low Productivity Growth written by Adam S. Posen and published by Peterson Institute for International Economics. This book was released on 2019-02-01 with total page 499 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labor productivity growth in the United States and other advanced countries has slowed dramatically since the mid-2000s, a major factor in their economic stagnation and political turmoil. Economists have been debating the causes of the slowdown and possible remedies for some years. Unaddressed in this discussion is what happens if the slowdown is not reversed. In this volume, a dozen renowned scholars analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, inequality, and, ultimately, politics in the advanced industrial world. They conclude that slow productivity growth could lead to unpredictable and possibly dangerous new problems, aggravating inequality and increasing concentration of market power. Facing Up to Low Productivity Growth also proposes ways that countries can cope with these consequences.

Germany In An Interconnected World Economy

Author : Mr.Ashoka Mody
Publisher : International Monetary Fund
ISBN 13 : 1616354240
Total Pages : 280 pages
Book Rating : 4.6/5 (163 download)

DOWNLOAD NOW!

Book Synopsis Germany In An Interconnected World Economy by : Mr.Ashoka Mody

Download or read book Germany In An Interconnected World Economy written by Mr.Ashoka Mody and published by International Monetary Fund. This book was released on 2013-04-10 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Germany has been a central player in discussions on the future architecture of Europe, and has been called on to play a larger role in supporting global and, especially, European recovery from the financial crisis that triggered the Great Recession. This book focuses on the possible economic role of Germany and shows that the quantitative effects of a German fiscal stimulus would be small on the heavily indebted euro area periphery countries that most need the boost. The book finds that Germany itself faces a growth challenge and that efforts to raise its own growth potential are important for Germany, and that more rapid growth of domestic demand will more powerfully stimulate European economic growth through its expanded demand for imports.

The European Economy Since 1945

Author : Barry Eichengreen
Publisher : Princeton University Press
ISBN 13 : 0691138486
Total Pages : 521 pages
Book Rating : 4.6/5 (911 download)

DOWNLOAD NOW!

Book Synopsis The European Economy Since 1945 by : Barry Eichengreen

Download or read book The European Economy Since 1945 written by Barry Eichengreen and published by Princeton University Press. This book was released on 2008-07-21 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem.

Productivity in Europe

Author :
Publisher :
ISBN 13 : 9789276106104
Total Pages : pages
Book Rating : 4.1/5 (61 download)

DOWNLOAD NOW!

Book Synopsis Productivity in Europe by :

Download or read book Productivity in Europe written by and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: High levels of labour productivity growth are a key element to maintaining high standards of living in the long run in Europe. However, the EU has been experiencing a significant slowdown in labour productivity and total factor productivity growth, a phenomenon which has even exacerbated over the last decade, contrary to what would be expected in the recovery from the financial crisis. The trends and driving forces of the current sluggish productivity growth in Europe are analysed in this report with a special emphasis on services. After reviewing the literature in the field, the report zooms in on the role played by factors such as structural change, intangible investments, firm size distribution, firm demography, labour dynamics, zombie firms, business cycle dynamics and public expenditure and assesses their impact on productivity growth based on a variety of data sources and methodologies. The report focusses on the main results at EU level and includes some cross-country and cross-sectoral comparisons wherever possible.

Institutional Change after the Great Recession

Author : Luis Cárdenas del Rey
Publisher : Routledge
ISBN 13 : 1000391337
Total Pages : 330 pages
Book Rating : 4.0/5 (3 download)

DOWNLOAD NOW!

Book Synopsis Institutional Change after the Great Recession by : Luis Cárdenas del Rey

Download or read book Institutional Change after the Great Recession written by Luis Cárdenas del Rey and published by Routledge. This book was released on 2021-08-12 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines demand-led growth models and the institutionalist approach, in order to explain the macroeconomic performance of the main European countries in recent years followed by which a coherent explanation of the institutional change since the Great Recession, including the economic policy response to the economic and financial crisis (2008) and to the debt crisis (2010) is provided. A "Comparative Political Economy" (CPE) analytical framework and provide an institutional base to the different European growth models is built, in general terms over the period 1995-2018. The results allow us to link diverse growth dynamics to the changes of the institutional framework as a consequence of the economic and financial crises. In each chapter for country case studies (France, Germany, Italy, Spain, Greece, Sweden, UK and Poland) there;’s an ntroduction with a general characterization of the country and the most relevant changes that have occurred subsequently (main legislative milestones or changes in the behaviour of social agents) especially the process of dualization or deregulation of European economies. In addition, an analysis of the macroeconomic evolution and the situation of the labour market before and after the crisis from a demand-side perspective is included, concluding with the linkages between both issues and the characterization of the growth model. This book is of special interest to all the students and university professors who will use this book to be able to follow a multitude of subjects from Applied Economy to International Economic Structure but can also be useful for researchers, doctoral students and teaching staff who want to expand knowledge in the fields of comparative political economy, institutions and the European Union. In general, this book is aimed at anyone interested in expanding their knowledge of the evolution of Europe today.

Recent Trends in Dutch Labor Productivity

Author : J. M. Pomp
Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!

Book Synopsis Recent Trends in Dutch Labor Productivity by : J. M. Pomp

Download or read book Recent Trends in Dutch Labor Productivity written by J. M. Pomp and published by . This book was released on 1998 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures

Download Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures PDF Online Free

Author : Jacques Meirer
Publisher : GRIN Verlag
ISBN 13 : 3346311481
Total Pages : 87 pages
Book Rating : 4.3/5 (463 download)

DOWNLOAD NOW!

Book Synopsis Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures by : Jacques Meirer

Download or read book Impact of a structural total factor productivity slowdown on European Economic growth. Secular stagnation in the EU-15 countries and possible policy measures written by Jacques Meirer and published by GRIN Verlag. This book was released on 2020-12-09 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2020 in the subject Business economics - Economic Policy, grade: 1,5, Humboldt-University of Berlin, language: English, abstract: The aim of this thesis was to identify the background and determinants of the stagnating economic growth in the EU-15 countries and to evaluate whether the region has entered a secular stagnation. To this end, the inuence of a structural total factor productivity (TFP) slowdown on European economic growth was empirically examined. In order to obtain the results for this study, a logit panel regression was carried out with the EU-15 countries over the period from 1950 to 2017. It became particularly clear that the TFP slowdowns increased over the years while TFP upswings decreased. This tendency can mainly be attributed to a lack of human capital, too little intra-European cooperation, too many regulatory hurdles and too much employment in the services sector. These highly structural factors and their inuence on TFP growth and, ultimately, economic growth, demonstrate that the EU-15 countries have fallen into an economic stagnation dynamic that is strongly reminiscent of the model of secular stagnation. Only the way in which policymakers deal with the current pandemic will show how strong and protracted the current stagnation of economic growth will be.

Unlocking Female Employment Potential in Europe

Author : Lone Engbo Christiansen
Publisher : International Monetary Fund
ISBN 13 : 1513562517
Total Pages : 41 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Unlocking Female Employment Potential in Europe by : Lone Engbo Christiansen

Download or read book Unlocking Female Employment Potential in Europe written by Lone Engbo Christiansen and published by International Monetary Fund. This book was released on 2016-03-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: With an aging population and declining productivity growth, Europe faces serious challenges to raising its output growth. Adding to these challenges are the various gender gaps in the labor market. Despite significant progress in recent decades, there are still fewer women than men participating in Europe’s labor market, and women are more likely to work part time. Furthermore, a smaller share of women reaches the top rungs of the corporate ladder. Could greater gender equality in the labor market help mitigate the slowdown in Europe’s growth potential? Against this backdrop, this paper investigates the drivers of female labor force participation in Europe as well as what effects greater gender diversity in senior corporate positions might have for Europe’s economic performance. Reexamining the factors driving women’s labor force participation is particularly important because in many European countries the process of closing the gender gap has stalled despite greater gender equality in human capital investment, declining birth rates, changing social norms, and equal legal access to employment opportunities. Investigating whether firm performance could be improved if women held a greater share of senior positions is also essential given that the empirical evidence from past research into this question has been inconclusive.