Hidden Bibliographic Details
| Other authors / contributors: | Furceri, Davide, author.
Guillaume, Dominique, author.
International Monetary Fund. Middle East and Central Asia Department, issuing body.
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| ISBN: | 9781463948900
1463948905
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| Notes: | At head of title: Middle East and Central Asia Department.
Title from PDF title page (IMF Web site, viewed March 2, 2012).
"March 2012."
Includes bibliographical references (pages 24-25).
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| Summary: | The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing regulations and hiring costs are found to have the strongest effect.
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| Other form: | Print version: Bernal-Verdugo, Lorenzo E. Labor Market Flexibility and Unemployment: New Empirical Evidence of Static and Dynamic Effects. Washington : International Monetary Fund, ©2012 9781463938413
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