Unemployment and labor market issues in Algeria /

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Bibliographic Details
Author / Creator:Furceri, Davide, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2012.
Description:1 online resource (27 pages) : color charts
Language:English
Series:IMF working paper ; WP/12/99
IMF working paper ; WP/12/99.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500198
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Other authors / contributors:International Monetary Fund. Middle East and Central Asia Department, issuing body.
Notes:Includes bibliographical references (pages 16-17).
Summary:The aim of this paper is to analyze unemployment and labor market developments in Algeria and assess the factors that may hamper employment creation. The results of the paper suggest that the relative low output-employment elasticities and rigid labor market are the main factors behind the still high level of unemployment, particularly among the youth. Simulation analyses, based on the results on the relation between labor market institutions and unemployment, show that improvement in labor market conditions in Algeria would be key in reducing unemployment both in the short- and medium-term.
Table of Contents:
  • Cover; Contents; I. Introduction; II. Stylized Facts; III. Employment-GDP Elasticities; IV. Labor Market Flexibility and Unemployment; V. Medium-term Scenario; VI. Conclusions and Policy Implications; Reference; Tables; 1. Unemployment Statistics, 2010; 2. Labor Force Statistics, 2010; 3. Employment Statistics, 2010; 4. Employment-GDP Elasticities; 5. Unemployment and Labor Market Flexibility-Static Regression (OLS); 6. Unemployment and Labor Market Flexibility-Dynamic Regression (GMM); 7. Medium-term Scenario, 2011-16; Figures; 1. Demographic Indicators.
  • 2. Evolution of Unemployment Over Time3. Employment and GDP over Time; 4. Arc Elasticities by Age Groups; 5. Arc Elasticities by Sectors; 6. Recursive Estimates of Elasticities; 7. Labor Market Flexibility in Algeria, 2008; 8. Evolution of Labor Market Flexibility over Time; 9. Elasticity Unemployment-Output; 10. Labor Market Flexibility and Medium-term Unemployment.