Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council »
Series: IMF Working Papers
Author(s): Alberto Behar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 18 August 2015
Keywords: Employment Elasticities, Labor Market Adjustment Costs, GCC, Gulf Cooperation Council, labor market, labor, private sector, unemployment, Labor Economics: General, Labor Economics Policies
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results...