Structural Unemployment in Luxembourg : Bad Luck or Rational Choice? /

This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in the...

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书目详细资料
主要作者: Gbohoui, William
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2019.
丛编:IMF Working Papers; Working Paper ; No. 2019/243
在线阅读:Full text available on IMF
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245 1 0 |a Structural Unemployment in Luxembourg :   |b Bad Luck or Rational Choice? /  |c William Gbohoui. 
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300 |a 1 online resource (42 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in the tax-benefit system constitute a factor explaining structural unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for second earners (respectively the generosity of the pension system) contribute to lower labor market participation of women (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor market and improved targeting of benefits to make work more rewarding. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/243 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2019/243/001.2019.issue-243-en.xml  |z IMF e-Library