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

被引：0
|
作者：
Lorenzo E Bernal-Verdugo
Davide Furceri
Dominique Guillaume
机构：
[1] University of Chicago,
[2] International Monetary Fund and University of Palermo,undefined
[3] International Monetary Fund,undefined
来源：
Comparative Economic Studies | 2012年 / 54卷 / 2期
关键词：
labor market; flexibility; unemployment; E29; J60; E32; D7;
D O I：
10.1057/ces.2012.3
中图分类号：
学科分类号：
摘要：
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.
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页码：251 / 273
页数：22
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