Shifting the Beveridge curve : what affects labor market matching? /

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Bibliographic Details
Author / Creator:Bova, Elva, author.
Imprint:[Washington, D.C.] : International Monetary Fund, [2016]
©2016
Description:1 online resource (33 pages) : color illustrations
Language:English
Series:IMF working paper, 1018-5941 ; WP/16/93
IMF working paper ; WP/16/93.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12505039
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Other authors / contributors:Tovar Jalles, João, (IMF staff)
Kolerus, Christina, (IMF staff)
International Monetary Fund. Fiscal Affairs Department, issuing body.
ISBN:1484326466
9781484326466
ISSN:1018-5941
Notes:"April 2016."
"Fiscal Affairs Department."
Includes bibliographical references (pages 31-33).
Online resource; title from pdf title page (IMF.org Web site, viewed April 15, 2016).
Summary:This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify shifts in the Beveridge curves for 12 OECD countries between 2000Q1 and 2013Q4 using three complementary methodologies and analyze the short-run determinants of these shifts by means of limited-dependent variable models. We find that labor force growth as well as employment protection legislation reduce the likelihood of an outward shift in the Beveridge curve, . Our findings also show that the matching process is more difficult the higher the share of employees with intermediate levels of education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market matching include active labor market policies, such as incentives for start-up and job sharing programs. Passive labor market policies, such as unemployment benefits, as well as labor taxation render matching significantly more difficult--Abstract.
Standard no.:10.5089/9781484326466.001
Description
Summary:This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify shifts in the Beveridge curves for 12 OECD countries between 2000Q1 and 2013Q4 using three complementary methodologies and analyze the short-run determinants of these shifts by means of limited-dependent variable models. We find that labor force growth as well as employment protection legislation reduce the likelihood of an outward shift in the Beveridge curve,. Our findings also show that the matching process is more difficult the higher the share of employees with intermediate levels of education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market matching include active labor market policies, such as incentives for start-up and job sharing programs. Passive labor market policies, such as unemployment benefits, as well as labor taxation render matching signficantly more difficult.
Item Description:"April 2016."
"Fiscal Affairs Department."
Physical Description:1 online resource (33 pages) : color illustrations
Bibliography:Includes bibliographical references (pages 31-33).
ISBN:1484326466
9781484326466
ISSN:1018-5941
1018-5941
;