Labor market flexibility: An index approach to cross-country comparisons

Lawson, Robert A.; Bierhanzl, Edward

doi:10.1007/s12122-004-1007-8

Cited by 16 publications

(10 citation statements)

References 8 publications

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“…During the 1990s the unemployment rate in the USA was typically half that of Spain, France, Germany and Italy. The USA had a higher rate of employment among the young (16)(17)(18)(19)(20)(21)(22)(23)(24) and among older workers (55-64) during this period as well. 1 Table 1 indicates that this pattern has continued recently.…”

Section: Different Outcomesmentioning

confidence: 94%

“…15 How much of a difference can flexibility make? Recent work 16 has quantified the effects of labour market flexibility by constructing an index that includes measures of unionisation, unemployment insurance, dismissal restrictions and ALMP. When this index is used to compare economic performance between countries there is a clear pattern.…”

Section: Employment Protection Legislationmentioning

confidence: 99%

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Lessons From America

Bierhanzl¹

2005

Economic Affairs

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The author points to the contrasting performance of the labour markets of Europe and the United States. He attributes the superior performance of the US to greater labour market flexibility and identifies the areas of unemployment insurance, employment protection and active labour market policies as especially significant. A key element in helping generate better policies is experimentation and decentralisation of decision‐making, something favoured by the distinction between federal and state responsibilities in the US.

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Section: Different Outcomesmentioning

confidence: 94%

Section: Employment Protection Legislationmentioning

confidence: 99%

Lessons From America

Bierhanzl¹

2005

Economic Affairs

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“…The indicators of labor market flexibility also indicate that this stagnant employment performance cannot be explained by “rigidity.” Turkey takes its place among the highly flexible OECD countries according to a labor market flexibility index, calculated using data on minimum wages, hiring and firing practices, centralized collective bargaining, unemployment insurance, and top marginal tax rate (Lawson and Bierhanzl 2004). The degree of flexibility becomes even more significant when the informal sector and the informal practices in the formal sector are also taken into account (OECD 1996; Taymaz and Özler 2004).…”

Section: Background Of Manufacturing In Turkeymentioning

confidence: 99%

The Determinants of Employment: A Sectoral Analysis for Turkey

Aydıner-Avşar

Onaran²

2010

The Developing Economies

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This paper analyzes the effects of wages, openness, and demand on employment in the private manufacturing industry in Turkey based on panel data for the period of 1973-2001. The wage elasticity of employment increases after trade liberalization. Nevertheless, output elasticity of labor demand is higher than wage elasticity in the total manufacturing sector for the whole estimation period, and in the high-and mediumskilled sectors in the post-1980 period. Trade effects, after controlling for output, seem to have a low economic significance. The positive effects of exports on the labor intensity of production are low or are offset by labor saving effects of foreign trade, particularly in the high-and medium-skilled sectors. On the other hand, there is some evidence of a negative import effect in the low-skilled sectors, whereas in the high-and medium-skilled group a complementary relation between domestic labor and imported inputs dominates the effects.

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“…Szeto, M. Guy, 2004 "Estimating New Zealand NAIRU", New Zealand Treasury, WP 04/10. 13 See for instance Lawson and Bierhanzl (2004).…”

mentioning

confidence: 99%

Ireland: Selected Issues

2018

IMF Staff Country Reports

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Assessing the business cycle in Ireland is complicated by the open character of its labor market and large presence of globally active multinationals. This chapter takes into account these features of the Irish economy when estimating potential output and the cyclical position. Results point to a strong recent rebound of potential growth as well as a currently advanced cyclical position, with a positive and widening output gap. 7 Wages per employee, using OECD data http://stats.oecd.org/Index.aspx?DataSetCode=EO# 8 See, for instance, Lozej (2017) for evidence that migration increases business cycle fluctuations.

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Labor market flexibility: An index approach to cross-country comparisons

Cited by 16 publications

References 8 publications

Lessons From America

Lessons From America

The Determinants of Employment: A Sectoral Analysis for Turkey

Ireland: Selected Issues

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