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Reforming Labor and Product Markets

Reforming Labor and Product Markets »

Source: Reforming Labor and Product Markets : Some Lessons from Two Decades of Experiments in Europe

Volume/Issue: 2005/97

Series: IMF Working Papers

Author(s): Tito Boeri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2005

ISBN: 9781451861167

Keywords: Structural reforms, labor market reform, product market reform, labor market, employment, unemployment, employment protection, Economics of Regulation, Labor-Management Relations, Trade Unions

This paper evaluates European structural reforms over the last 20 years, in light of economic theory predictions about interactions between labor and product market reforms. Reforms in labor markets occur at higher...

Fostering Growth in Europe Now

Fostering Growth in Europe Now »

Source: Fostering Growth in Europe Now

Volume/Issue: 2012/7

Series: Staff Discussion Notes

Author(s): Bergljot Barkbu , Jesmin Rahman , and Rodrigo Valdes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 June 2012

ISBN: 9781475504644

Keywords: Euro Area, Real effective exchange rates, Macroprudential Policy, Growth, unemployment, macroeconomic policy, structural reform, fiscal policy, labor market, employment

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief an...

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies1

When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies1 »

Source: When Do Structural Reforms Work? On the Role of the Business Cycle and Macroeconomic Policies

Volume/Issue: 2016/62

Series: IMF Working Papers

Author(s): Anna Bordon , Christian Ebeke , and Kazuko Shirono

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 2016

ISBN: 9781513589923

Keywords: Structural reforms, employment, monetary policy, fiscal policy, product market, labor market, labor, employment rate, General, All Countries,

Structural reforms are expected to lift growth and employment, but their effects are surprisingly difficult to pin down empirically. One reason is their potential endogeneity to the economic environment in which th...

Strategies for Reforming Korea’s Labor Market to Foster Growth

Strategies for Reforming Korea’s Labor Market to Foster Growth »

Source: Strategies for Reforming Korea's Labor Market to Foster Growth

Volume/Issue: 2014/137

Series: IMF Working Papers

Author(s): Mai Dao , Davide Furceri , Tae-Jeong Kim , Meeyeon Kim , and Jisoo Hwang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 July 2014

ISBN: 9781498337151

Keywords: labor market duality, female labor force participations, youth employment, reforms, labor market, labor force, employment, unemployment, Positive Analysis of Policy-Making and Implementation, Labor Economics Policies,

While the Korean unemployment rates are currently among the lowest in OECD countries, the labor market duality and the underemployment in some segments of the population are important labor market challenges, and f...

Labor Market Issues in the Caribbean

Labor Market Issues in the Caribbean »

Source: Labor Market Issues in the Caribbean : Scope to Mobilize Employment Growth

Volume/Issue: 2014/115

Series: IMF Working Papers

Author(s): Magda Kandil , Genevieve Lindow , Mario Mansilla , Joel Chiedu Okwuokei , Jochen M. Schmittmann , Qiaoe Chen , Xin Li , Marika Santoro , and Solomon Stavis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2014

ISBN: 9781498387804

Keywords: labor market, macro policies, structural reforms, employment growth, unemployment rate, Labor Force and Employment, Size, and Structure, Public Policy,

The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean countries. To that end, the paper analyzes estimates of the employment-output elasticity and the resp...

The Structural Determinants of the Labor Share in Europe

The Structural Determinants of the Labor Share in Europe »

Source: The Structural Determinants of the Labor Share in Europe

Volume/Issue: 2019/67

Series: IMF Working Papers

Author(s): Dilyana Dimova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2019

ISBN: 9781498302920

Keywords: National income, Labor market reforms, National income accounts, Economic integration, Labor market policy, labor share, technology, employment policies, globalization, employment protection

The labor share in Europe has been on a downward trend. This paper finds that the decline is concentrated in manufacture and among low- to mid-skilled workers. The shifting nature of employment away from full-time...

Lifting Euro Area Growth

Lifting Euro Area Growth »

Source: Lifting Euro Area Growth : Priorities for Structural Reforms and Governance

Volume/Issue: 2010/19

Series: IMF Staff Position Notes

Author(s): Luc Everaert , and Céline Allard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2010

ISBN: 9781462302109

Keywords: Cross country analysis, Economic growth, Euro Area, Europe, Financial sector, Political economy, Services sector, Labor markets, Labor market reforms, Governance

To live up to its growth potential and secure its inclusive social model, the euro area must make better use of its available labor. In the aftermath of the crisis, boosting growth is essential to prevent unemploym...

Fiscal Consolidation in the Euro Area

Fiscal Consolidation in the Euro Area »

Source: Fiscal Consolidation in the Euro Area : How Much Can Structural Reforms Ease the Pain?

Volume/Issue: 2013/211

Series: IMF Working Papers

Author(s): Derek Anderson , Benjamin Hunt , and Stephen Snudden

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 October 2013

ISBN: 9781475573879

Keywords: General equlibrium models, Structural reforms, labor market, real wages, public debt, Forecasting and Simulation, Open Economy Macroeconomics, International Policy Coordination and Transmission, Institutions and Growth,

The IMF’s Global Integrated Monetary and Fiscal model (GIMF) is used to examine the scope for structural reforms in the euro area to offset the negative impact of fiscal consolidation required to put public...

Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis•

Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis• »

Source: Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis

Volume/Issue: 2012/218

Series: IMF Working Papers

Author(s): Davide Furceri , Ernesto Crivelli , and Joël Toujas-Bernate

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2012

ISBN: 9781475505689

Keywords: employment elasticities, structural policies, reforms, labor market, labor market policies, Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other, Mobility

The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of...

More Work to Do? Taking Stock of Latin American Labor Markets1

More Work to Do? Taking Stock of Latin American Labor Markets1 »

Source: More Work to Do? Taking Stock of Latin American Labor Markets

Volume/Issue: 2019/55

Series: IMF Working Papers

Author(s): Antonio David , Frederic Lambert , and Frederik Toscani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 March 2019

ISBN: 9781498302784

Keywords: Labor market institutions, Labor market reforms, Labor market regulations, Labor market policy, Labor market characteristics, Labor Markets, Latin America, Okun’;s Law, Informality, Okun

We analyze the performance of labor markets in Latin America since the late 1990s. Strong GDP growth during the commodity boom period led to important gains in employment and a fall in the unemployment rate as labo...