Arbeitspapier
Employment to output elasticities & reforms towards flexicurity: Evidence from OECD countries
How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market policies and allow for their interactions, i.e. the policy mix, to play a role. We find that the effects of any single policy change are shaped by the broader existing policy-mix within which it takes place. Finally, we evaluate the effect of a move to 'flexicurity' on the employment-output elasticity in each country.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 2117
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Business Fluctuations; Cycles
Labor Force and Employment, Size, and Structure
Unemployment Insurance; Severance Pay; Plant Closings
- Thema
-
employment-output elasticity
labour market policy
welfare state
flexicurity
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Görg, Holger
Hornok, Cecília
Montagna, Catia
Onwordi, George E.
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Görg, Holger
- Hornok, Cecília
- Montagna, Catia
- Onwordi, George E.
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2018