Can policies affect employment intensity of growth? [[electronic resource] ] : a cross-country analysis / / prepared by Ernesto Crivelli, Davide Furceri, and Joël Toujas-Bernaté

• Record Nr.: UNINA9910461961803321
• Autore: Crivelli Ernesto
• Pubbl/distr/stampa: Washington, D.C., : International Monetary Fund, c2012
• ISBN: 1-4755-7007-4; 1-4755-7401-0
• Descrizione fisica: 1 online resource (33 p.)
• Collana: IMF working paper ; ; WP/12/218
• Altri autori (Persone): FurceriDavide; Toujas-BernateJoël
• Soggetti: Job creation; Full employment policies; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Cover; Contents; I. Introduction; II. Empirical Strategy and Data; A. Empirical Strategy; B. Data; III. Results; A. Regional trends in employment elasticities; B. Determinants of Employment Elasticities; IV. Conclusions; References; Figures; 1. The evolution of Unemployment Across Regions; 2. Real GDP and Employment Growth, by Income Level Group, 2000-09; 3. Distribution of Long-Run Employment Elasticities; Tables; 1. Descriptive Statistics and Sources; 2. Spearman's Rank Correlation Coefficient for Long-run Elasticities Estimates; 3. Long Term Employment Elasticities, by Region, Income Level, and Economic Sector4. Evolution of Employment Elasticities with Time; 5. Correlation Between Employment Elasticities and Structural Policy Variables; 6. Effects of Structural Variables on Employment Elasticities; 7. Effects of Structural and Macroeconomic Variables on Employment Elasticities; 8. Effects of Structural and Demographic Variables on Employment Elasticities; 9. Effects of Labor Market Policy Indicators on Employment Elasticities; 10. Effects of Product Market Policy Indicators on Employment Elasticities; 11a. Non-Linear Effects of Structural Variables on Employment ; Elasticities-GDP11b. Non-Linear Effects of Structural Variables on Employment Elasticities-Output Volatility; 11c. Non-Linear Effects of Structural Variables on Employment Elasticities-Inflation; Appendix
• Sommario/riassunto: The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural policies aimed at increasing labor and product market flexibility and reducing government size have a significant and positive impact on employment elasticities. In addition, the results also suggest that in order to maximize the positive impact on the responsiveness of employment to economic activity, st