Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis

Released on by Davide Furceri
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  • Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis Book Detail

  • Author : Davide Furceri
  • Release Date : 2012-08-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 32
  • ISBN 13 : 147550568X
  • File Size : 52,52 MB
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Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis by Davide Furceri PDF Summary

Book Description: The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural policies aimed at increasing labor and product market flexibility and reducing government size have a significant and positive impact on employment elasticities. In addition, the results also suggest that in order to maximize the positive impact on the responsiveness of employment to economic activity, structural policies have to be complemented with macroeconomic policies aimed at increasing macroeconomic stability.

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Making EI Work

Making EI Work

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Since the inception and design of Canada's Employment Insurance (EI) program, the Canadian economy and labour market have undergone dramatic changes. It is clea