Labor Market Flexibility and Unemployment : New Empirical Evidence of Static and Dynamic Effects /

The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on une...

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Detalhes bibliográficos
Autor principal: Bernal-Verdugo, Lorenzo E.
Outros Autores: Furceri, Davide, Guillaume, Dominique
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2012.
Colecção:IMF Working Papers; Working Paper ; No. 2012/064
Acesso em linha:Full text available on IMF
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100 1 |a Bernal-Verdugo, Lorenzo E. 
245 1 0 |a Labor Market Flexibility and Unemployment :   |b New Empirical Evidence of Static and Dynamic Effects /  |c Lorenzo E. Bernal-Verdugo, Davide Furceri, Dominique Guillaume. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2012. 
300 |a 1 online resource (28 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing regulations and hiring costs are found to have the strongest effect. 
538 |a Mode of access: Internet 
700 1 |a Furceri, Davide. 
700 1 |a Guillaume, Dominique. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2012/064 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2012/064/001.2012.issue-064-en.xml  |z IMF e-Library