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

Dieses Objekt wird bereitgestellt von:
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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

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