Labor market reforms and unemployment dynamics

被引：19

作者：

Murtin, Fabrice ^{[1
,2
]}

Robin, Jean-Marc ^{[2
,3
]}

机构：

[1] OECD, Stat Directorate, Paris, France

[2] Sci Po, Paris, France

[3] UCL, London, England

来源：

LABOUR ECONOMICS | 2018年 / 50卷

基金：

欧洲研究理事会; 英国经济与社会研究理事会;

关键词：

Unemployment dynamics; Turnover; Labor market institutions; Job search; Matching function; EUROPEAN UNEMPLOYMENT; WAGE DISTRIBUTIONS; AGGREGATE EVIDENCE; JOB SEARCH; INSTITUTIONS; FLUCTUATIONS;

D O I：

10.1016/j.labeco.2016.05.025

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries (Australia, France, Germany, Japan, Portugal, Spain, Sweden, UK, US). We estimate a dynamic stochastic search matching model with heterogeneous workers and aggregate productivity shocks. The heterogeneous-worker mechanism proposed by Robin (2011) explains unemployment volatility by productivity shocks well in all countries. Placement and employment services, UT benefit reduction and product market deregulation are found to be the most prominent policy levers for unemployment reduction. Business cycle shocks and LMPs explain about the same share of unemployment volatility (except for Japan, Portugal and the US). (C) 2016 Published by Elsevier B.V.

引用

页码：3 / 19

页数：17

共 26 条

[1]

[Anonymous], 2004, Federal Bank of Minneapolis Quarterly Review

[2] Unemployment, institutions, and reform complementarities: re-assessing the aggregate evidence for OECD countries [J].