Labor market flexibility and unemployment : new empirical evidence of static and dynamic effects /
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| Author / Creator: | Bernal-Verdugo, Lorenzo E., author. |
|---|---|
| Imprint: | [Washington, D.C.] : International Monetary Fund, ©2012. |
| Description: | 1 online resource (26 pages) : color chart |
| Language: | English |
| Series: | IMF working paper ; WP/12/64 IMF working paper ; WP/12/64. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12500094 |
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| 050 | 4 | |a HG3881.5.I58 |b W67 No. 12/64eb | |
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| 100 | 1 | |a Bernal-Verdugo, Lorenzo E., |e author. | |
| 245 | 1 | 0 | |a Labor market flexibility and unemployment : |b new empirical evidence of static and dynamic effects / |c Lorenzo E. Bernal-Verdugo, Davide Furceri, and Dominique Guillaume. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2012. | ||
| 300 | |a 1 online resource (26 pages) : |b color chart | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper ; |v WP/12/64 | |
| 500 | |a At head of title: Middle East and Central Asia Department. | ||
| 500 | |a Title from PDF title page (IMF Web site, viewed March 2, 2012). | ||
| 500 | |a "March 2012." | ||
| 520 | 3 | |a 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. | |
| 504 | |a Includes bibliographical references (pages 24-25). | ||
| 505 | 0 | |a Cover; Contents; I. Introduction; II. Data and Descriptive Statistics; III. Empirical Methodology and Results; A. Static Relationship Between Unemployment and Labor Market Institutions; B. Dynamic Relationship Between Unemployment and Labor Market Institutions; IV. Conclusions; Figure 1. Cumulative Effect of Labor Market Flexibility on Unemployment Over Time; Tables; 1. Summary Statistics for Labor Market Outcomes and Flexibility Indicators; 2. Correlation Matrix of Labor Market Outcomes and Flexibility Indicators; 3. The Static Effect of Labor Market Flexibility on Unemployment. | |
| 505 | 8 | |a 4. The Static Effect of Labor Market Flexibility on Unemployment-OECD Countries5. The Static Effect of Labor Market Flexibility on Unemployment-Non-OECD Countries; 6. The Static Effect of Labor Market Flexibility Indicators on Unemployment; 7. The Static Effect of Labor Market Flexibility Indicators on Youth Unemployment; 8. The Static Effect of Labor Market Flexibility Indicators on Long-Term Unemployment; 9. The Dynamic Effect of Labor Market Flexibility on Unemployment; 10. The Dynamic Effect of Labor Market Flexibility on Different Unemployment Outcomes. | |
| 505 | 8 | |a 11. The Dynamic Effect of Labor Market Flexibility on Different Unemployment OutcomesReferences; Annex I: Data Description. | |
| 650 | 0 | |a Labor market |x Econometric models. | |
| 650 | 0 | |a Unemployment |x Econometric models. | |
| 650 | 6 | |a Marché du travail |x Modèles économétriques. | |
| 650 | 7 | |a Labor market |x Econometric models. |2 fast |0 (OCoLC)fst00990041 | |
| 650 | 7 | |a Unemployment |x Econometric models. |2 fast |0 (OCoLC)fst01161217 | |
| 655 | 4 | |a Electronic books. | |
| 700 | 1 | |a Furceri, Davide, |e author. | |
| 700 | 1 | |a Guillaume, Dominique, |e author. | |
| 710 | 2 | |a International Monetary Fund. |b Middle East and Central Asia Department, |e issuing body. | |
| 776 | 0 | 8 | |i Print version: |a Bernal-Verdugo, Lorenzo E. |t Labor Market Flexibility and Unemployment: New Empirical Evidence of Static and Dynamic Effects. |d Washington : International Monetary Fund, ©2012 |z 9781463938413 |
| 830 | 0 | |a IMF working paper ; |v WP/12/64. | |
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| 928 | |t Library of Congress classification |a HG3881.5.I58W67 No. 12/64eb |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2012/064/001.2012.issue-064-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12144254 | ||