Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis

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 polici...

Full description

Bibliographic Details
Main Author: Furceri, Davide
Other Authors: Crivelli, Ernesto, Toujas-Bernate, Joël
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2012
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02824nmm a2200625 u 4500
001 EB000924777
003 EBX01000000000000000718373
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781475505689 
100 1 |a Furceri, Davide 
245 0 0 |a Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis  |c Davide Furceri, Ernesto Crivelli, Joël Toujas-Bernate 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2012 
300 |a 32 pages 
651 4 |a New Zealand 
653 |a Labor Economics Policies 
653 |a Finance 
653 |a Mobility, Unemployment, and Vacancies: General 
653 |a Labour 
653 |a Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other 
653 |a Labor market policy 
653 |a Commodity exchanges 
653 |a Unemployment 
653 |a Labor markets 
653 |a Aggregate Labor Productivity 
653 |a Macrostructural analysis 
653 |a General Financial Markets: General (includes Measurement and Data) 
653 |a Demand and Supply of Labor: General 
653 |a Aggregate Human Capital 
653 |a Labor 
653 |a Manpower policy 
653 |a Cycles 
653 |a Financial markets 
653 |a Labor market 
653 |a Institutions and the Macroeconomy 
653 |a Macroeconomics 
653 |a Structural policies 
653 |a Wages 
653 |a Business Fluctuations 
653 |a Economic theory 
653 |a Intergenerational Income Distribution 
653 |a Commodity markets 
653 |a Finance: General 
653 |a Income economics 
653 |a Employment 
700 1 |a Crivelli, Ernesto 
700 1 |a Toujas-Bernate, Joël 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781475505689.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/2012/218/001.2012.issue-218-en.xml?cid=26230-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a 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, structural policies have to be complemented with macroeconomic policies aimed at increasing macroeconomic stability