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IMF Country Report No. 21/161
REPUBLIC OF ESTONIA
SELECTED ISSUES
July 2021
This paper on the Republic of Estonia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on June 30, 2021
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Title page
REPUBLIC OF ESTONIA
SELECTED ISSUES
June 30, 2021
Approved by
European Department
Prepared by Sakai Ando and Neree Noumon
Contents
RISKS OF LABOR MARKET SCARRING IN ESTONIA
A. Introduction
B. Aggregate Behavior
C. Sectoral Analysis
D. Social Groups
E. Policies to Mitigate Labor Market Scarring Risks
F. Conclusion
FIGURES
1. Decomposition of GVA Growth by Labor Input and Sector
2. Decomposition of GVA by Sector and Income Recipients
3. EE Net yoy Job Creation and Destruction by Sector
4. EE Job Creation and Destruction Per Population by County
5. EE Quarterly Unemployment Rate by Age and Gender
6. EE Quarterly Participation Rate by Age and Gender
7. EE Percent of Jobs Benefiting from Government Support Measures
ANNEX
I. Labels
References