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Wage Compression, Employment Restrictions and Unemployment

Wage Compression, Employment Restrictions and Unemployment »

Source: Wage Compression, Employment Restrictions and Unemployment : The Case of Mauritius

Volume/Issue: 2004/205

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451874587

Keywords: Labor Market Restrictions, labor market, jobs, job creation, employment, Unemployment: Models, Duration, Incidence, and Job Search,

Governments often intervene in labor markets with the aim of reducing inequality and promoting employment. Such intervention often results in wage compression and restrictions on how firms use their workers. This p...

Unemployment and Structural Unemployment in the Baltics1

Unemployment and Structural Unemployment in the Baltics1 »

Source: Unemployment and Structural Unemployment in the Baltics

Volume/Issue: 2014/153

Series: IMF Working Papers

Author(s): Christian Ebeke , and Greetje Everaert

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 August 2014

ISBN: 9781498317207

Keywords: Structural Unemployment, unemployment rate, nairu, beveridge, Unemployment: Models, Duration, Incidence, and Job Search, Public Policy,

While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countrie...

The German Labor Market Reforms and Post-Unemployment Earnings

The German Labor Market Reforms and Post-Unemployment Earnings »

Source: The German Labor Market Reforms and Post-Unemployment Earnings

Volume/Issue: 2015/162

Series: IMF Working Papers

Author(s): Niklas Engbom , Enrica Detragiache , and Faezeh Raei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 July 2015

ISBN: 9781513531250

Keywords: labor market, workers, labor, unemployment benefits, Unemployment: Models, Duration, Incidence, and Job Search, Germany.,

In 2003-05, Germany undertook extensive labor market reforms which were followed by a large and persistent decline in unemployment. Key elements of the reforms were a drastic cut in benefits for the long-term unemp...

The Determinants of On-the-job Search

The Determinants of On-the-job Search »

Source: The Determinants of On-the-job Search : An Empirical Exploration

Volume/Issue: 2002/156

Series: IMF Working Papers

Author(s): Andrés Fuentes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2002

ISBN: 9781451857412

Keywords: matching models, job search, unemployment, unemployed, job loss, job tenure, Unemployment: Models, Duration, Incidence, and Job Search,

There was a surge in the number of employed people looking for another job in the United Kingdom in the 1980s. In this paper, we present a panel analysis of aggregate data and a cross-section analysis of individual...

How Does Employment Protection Legislation Affect Unemployment in Tunisia? A Search Equilibrium Approach

How Does Employment Protection Legislation Affect Unemployment in Tunisia? A Search Equilibrium Approach »

Source: How Does Employment Protection Legislation Affect Unemployment in Tunisia? A Search Equilibrium Approach

Volume/Issue: 2005/92

Series: IMF Working Papers

Author(s): Domenico Fanizza , and Taline Koranchelian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2005

ISBN: 9781451861112

Keywords: Firing restrictions, job search, matching model, job creation, employment, labor market, jobs, Unemployment: Models, Duration, Incidence

This paper applies a search matching model with firing restrictions to examine whether the existence of firing restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisi...

Why is Unemployment High in the Philippines?

Why is Unemployment High in the Philippines? »

Source: Why is Unemployment High in the Philippines?

Volume/Issue: 2002/23

Series: IMF Working Papers

Author(s): Ray Brooks

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451844054

Keywords: employment, wage, minimum wage, unemployment rate, Demand and Supply of Labor: General, Unemployment: Models, Duration, Incidence, and Job Search, Phillipines

Unemployment has remained high in the Philippines, at almost twice the level of neighboring countries, despite relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce un...

To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession

To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession »

Source: To Fire or to Hoard? Explaining Japan's Labor Market Response in the Great Recession

Volume/Issue: 2011/15

Series: IMF Working Papers

Author(s): Chad Steinberg , and Masato Nakane

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

ISBN: 9781455212514

Keywords: Okun&;amp;#x2019;s Law, Great Recession, employment, wage, unemployment rate, Unemployment: Models, Duration, Incidence, and Job Search,

The Great Recession pushed Japan's unemployment rate to historic highs, but the increase has been small by international standards and small relative to the large output shock. This paper explores Japan's cyclical...

Is Labor Market Mismatch a Big Deal in Japan?

Is Labor Market Mismatch a Big Deal in Japan? »

Source: Is Labor Market Mismatch a Big Deal in Japan?

Volume/Issue: 2013/196

Series: IMF Working Papers

Author(s): Ippei Shibata

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2013

ISBN: 9781484392270

Keywords: mismatch, vacancies, Japanese labor market, employment, unemployed, unemployment rate, labor market, Unemployment: Models, Duration, Incidence

Despite its low unemployment rate, the recent shift in the Japanese Beveridge curve indicates increased labor mismatch. This paper quantifies the age, employment-type (full or part-time), and occupational mismatch...

Mauritius

Mauritius »

Source: Mauritius : Unemployment and the Role of Institutions

Volume/Issue: 2003/211

Series: IMF Working Papers

Author(s): James Yao , and Calvin McDonald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

ISBN: 9781451874860

Keywords: institutions, wage, skilled labor, employment, labor demand, labor market, Demand and Supply of Labor: General, Unemployment: Models, Duration, Incidence

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this tr...

Search Frictions and the Labor Wedge

Search Frictions and the Labor Wedge »

Source: Search Frictions and the Labor Wedge

Volume/Issue: 2011/117

Series: IMF Working Papers

Author(s): Murat Tasci , and Andrea Pescatori

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2011

ISBN: 9781455262403

Keywords: Labor Market Search, Business Cycle Accounting, Labor Wedge, labor market, business cycle, labor supply, labor markets, economic review, Unemployment: Models, Duration

This paper shows that labor market search frictions do not explain fluctuations in the labor wedge per se. However, the introduction of extensive and intensive margin clarifies that measuring the MRS in terms of to...