Government employment and wages and labor market performance /

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Bibliographic Details
Author / Creator:Demekas, Dimitri G.
Imprint:[Washington, D.C.] : International Monetary Fund, European I Dept., ©1999.
Description:1 online resource (29 pages) : illustrations
Language:English
Series:IMF working paper ; WP/99/55
IMF working paper ; WP/99/55.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497896
Hidden Bibliographic Details
Other authors / contributors:Kontolemis, Zenon G.
International Monetary Fund. European I Department.
ISBN:1451894449
9781451894448
1281600504
9781281600509
Notes:Includes bibliographical references (pages 28-29).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary:The consensus view that has emerged in the literature on the rise and persistence of unemployment in Europe during the last quarter-century can be summarized as follows. The rise in unemployment during the 1970s and 1980s was caused by a number of factors, primarily on the demand side (terms-of-trade shocks, a rising tax burden, and perhaps rising real interest rates); but also on the supply side (increasing real wage resistance, due in turn to expanding unemployment benefits and greater union militancy). In addition, once unemployment rose, it persisted at high levels through the late 1980s and 1990s. This can be attributed to persistence in real wage aspirations, negative effects of long spells of unemployment on search intensity and human capital accumulation, extensive employment protection legislation, capital decumulation in response to high wages, and perhaps insider membership dynamics2.
Other form:Print version: Demekas, Dimitri G. Government employment and wages and labor market performance. [Washington, D.C.] : International Monetary Fund, European I Dept., ©1999
Standard no.:10.5089/9781451894448.001

MARC

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260 |a [Washington, D.C.] :  |b International Monetary Fund, European I Dept.,  |c ©1999. 
300 |a 1 online resource (29 pages) :  |b illustrations 
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504 |a Includes bibliographical references (pages 28-29). 
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533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
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520 |a The consensus view that has emerged in the literature on the rise and persistence of unemployment in Europe during the last quarter-century can be summarized as follows. The rise in unemployment during the 1970s and 1980s was caused by a number of factors, primarily on the demand side (terms-of-trade shocks, a rising tax burden, and perhaps rising real interest rates); but also on the supply side (increasing real wage resistance, due in turn to expanding unemployment benefits and greater union militancy). In addition, once unemployment rose, it persisted at high levels through the late 1980s and 1990s. This can be attributed to persistence in real wage aspirations, negative effects of long spells of unemployment on search intensity and human capital accumulation, extensive employment protection legislation, capital decumulation in response to high wages, and perhaps insider membership dynamics2. 
650 0 |a Civil service  |x Econometric models. 
650 0 |a Public service employment  |x Econometric models. 
650 0 |a Manpower policy  |x Econometric models. 
650 0 |a Wages  |x Econometric models. 
650 0 |a Unemployment  |x Econometric models. 
650 0 |a Labor market  |x Econometric models. 
650 0 |a Equilibrium (Economics)  |x Econometric models. 
650 6 |a Fonction publique  |x Modèles économétriques. 
650 6 |a Création d'emplois  |x Modèles économétriques. 
650 6 |a Emploi  |x Politique gouvernementale  |x Modèles économétriques. 
650 6 |a Salaires  |x Modèles économétriques. 
650 6 |a Chômage  |x Modèles économétriques. 
650 6 |a Marché du travail  |x Modèles économétriques. 
650 6 |a Équilibre (Économie politique)  |x Modèles économétriques. 
650 7 |a Equilibrium (Economics)  |x Econometric models.  |2 fast  |0 (OCoLC)fst00914548 
650 7 |a Labor market  |x Econometric models.  |2 fast  |0 (OCoLC)fst00990041 
650 7 |a Manpower policy  |x Econometric models.  |2 fast  |0 (OCoLC)fst01007904 
650 7 |a Public service employment  |x Econometric models.  |2 fast  |0 (OCoLC)fst01083035 
650 7 |a Unemployment  |x Econometric models.  |2 fast  |0 (OCoLC)fst01161217 
650 7 |a Wages  |x Econometric models.  |2 fast  |0 (OCoLC)fst01169604 
655 4 |a Electronic books. 
700 1 |a Kontolemis, Zenon G. 
710 2 |a International Monetary Fund.  |b European I Department.  |0 http://id.loc.gov/authorities/names/no92021092 
776 0 8 |i Print version:  |a Demekas, Dimitri G.  |t Government employment and wages and labor market performance.  |d [Washington, D.C.] : International Monetary Fund, European I Dept., ©1999  |w (OCoLC)41377868 
830 0 |a IMF working paper ;  |v WP/99/55.  |0 http://id.loc.gov/authorities/names/no89010263 
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