Structural Policies and Economic Resilience to Shocks

Akcigit, Ufuk; Elmeskov, Jørgen; Vogel, Lukas

doi:10.2139/ssrn.1002508

Cited by 108 publications

(112 citation statements)

References 36 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In line with Duval et al (2007), these results suggest an ambiguous effect of EPL, whereby the initial dampening of the immigration shock provided by employment protection comes at the cost of higher persistence of the unemployment consequences of the shock in subsequent years.…”

Section: A Cross-country Reassessment Of the Impact Of Immigration Onsupporting

confidence: 71%

Migration and labour market outcomes in OECD countries

Jean¹,

Causa²,

Jiménez³

et al. 2010

OECD Journal: Economic Studies

View full text Add to dashboard Cite

Immigration pressures are increasing in most OECD countries. This article investigates the consequences of immigration for natives’ labour market outcomes, as well as issues linked to immigrants’ integration in the host country labour market. Changes in the share of immigrants in the labour force may have a distributive impact on natives’ wages, and a temporary impact on unemployment. However, labour market integration of immigrants (as well as integration of second-generation immigrants both in terms of educational attainments and of labour market outcomes) remains the main challenge facing host economies. In both cases, product and labour market policies have a significant role to play in easing the economy’s adjustment to immigration.Les pays de l’OCDE connaissent une période de forte croissance des pressions migratoires. Cet article s’interroge sur les conséquences de ce phénomène d’une part sur le marché du travail domestique, d’autre part sur les trajectoires d’intégration propres aux immigrés dans les pays d’accueil. Des changements dans la proportion d’immigrés dans la force de travail peuvent avoir un impact distributif sur les salaires des natifs et un impact temporaire sur leur taux de chômage. Cependant, l’intégration des immigrés sur le marché du travail (de même que l’intégration des immigrés de seconde génération, aussi bien sur le plan de la réussite scolaire que sur celui de la performance sur le marché du travail) demeure l’enjeu principal auquel se doivent de faire face les économies d’accueil. Dans les deux cas, la régulation des marchés de produits et la politique du marché du travail ont un rôle important à jouer afin de favoriser les ajustements économiques associés à l’immigration

show abstract

Section: A Cross-country Reassessment Of the Impact Of Immigration Onsupporting

confidence: 71%

Migration and labour market outcomes in OECD countries

Jean¹,

Causa²,

Jiménez³

et al. 2010

OECD Journal: Economic Studies

View full text Add to dashboard Cite

show abstract

“…In 'ecological resilience' (Holling 1973) resilience is seen as the speed at which a system is able to absorb a shock by transitioning between (new) equilibria. Focusing on economics systems, scholars have coned various definitions of resilience (Duval et al 2007;Rose 2007;Hill et al 2008;Martin 2012) connected to both engineering and ecological resilience (Reggiani et al 2002). Our research question follows the ecological resilience literature (i.e., is it possible to evaluate the ability of systems to recover or renew after a shock) as we are interested in exploring how the systems evolves through new possible equilibria created by the interactions between and within the layers of the system (modelled as a hierarchical structure).…”

Section: Network Resilience and Interdependence In Multi-layer Modelsmentioning

confidence: 99%

An Interdependent Multi-Layer Model: Resilience of International Networks

2015

View full text Add to dashboard Cite

Trade flows are characterised by interdependent economic networks such as the global supply chain, international bilateral agreements, trans-national credit, and foreign direct investments, as well as non-economic components (i.e. infrastructures, cultural ties and spatial barriers). We construct an Interdependent Multi-layer Model (IMM), which is rooted in the theoretical concept of spatial interaction, in order to identify the links within these networks and trace their impacts on trade flows. In our aim to investigate horizontal and vertical interdependency among networks we calibrate the interaction model (IMM) for a set of 40 countries, and thereafter examine the influence of shocks such as economic downturns upon the interdependent networks, which in our model are represented as economic, socio-cultural and physical layers. Most importantly, the model allows us to understand the propagation of cascading effects (both positive and negative) at national and global scales.

show abstract

“…Market-friendly institutional arrangements have increased the resilience of the economy (Gianella et al, 2008;Duval et al, 2007;OECD, 2009b;OECD, 2012d). They have allowed a rapid adjustment in the labour market in response to the very profound structural change in the economy in the wake of the crisis (Brixiova, 2009).…”

Section: Despite Progress the Overall Level Of Unemployment Remains mentioning

confidence: 99%

Matching Skills and Jobs in Estonia

Demmou

2012

OECD Economics Department Working Papers

View full text Add to dashboard Cite

Structural Policies and Economic Resilience to Shocks

Cited by 108 publications

References 36 publications

Migration and labour market outcomes in OECD countries

Migration and labour market outcomes in OECD countries

An Interdependent Multi-Layer Model: Resilience of International Networks

Matching Skills and Jobs in Estonia

Contact Info

Product

Resources

About