Labor Market Issues in Belgium An International Perspective

The characteristics of the Belgian labor market are examined using international comparisons in order to assess the government's recent labor market initiatives. The labor market in Belgium is found to suffer from a number of structural problems compared to other industrial countries: the non-e...

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Bibliographic Details
Main Author: Moghadam, Reza
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1993
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Labor Market Issues in Belgium  |b An International Perspective  |c Reza Moghadam 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1993 
300 |a 50 pages 
651 4 |a Belgium 
653 |a Public Finance 
653 |a Unemployment rate 
653 |a Labor 
653 |a Labor market 
653 |a Labour 
653 |a Unemployment: Models, Duration, Incidence, and Job Search 
653 |a Labor markets 
653 |a Aggregate Labor Productivity 
653 |a Unemployment insurance 
653 |a Unemployment 
653 |a Expenditure 
653 |a Severance Pay 
653 |a Employment 
653 |a Income economics 
653 |a Public finance & taxation 
653 |a Wages 
653 |a Unemployment benefits 
653 |a Intergenerational Income Distribution 
653 |a Demand and Supply of Labor: General 
653 |a Economic theory 
653 |a Unemployment Insurance 
653 |a Aggregate Human Capital 
653 |a Plant Closings 
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520 |a The characteristics of the Belgian labor market are examined using international comparisons in order to assess the government's recent labor market initiatives. The labor market in Belgium is found to suffer from a number of structural problems compared to other industrial countries: the non-employment rate is very high, there are large regional disparities in unemployment, female and youth unemployment are prevalent and there is an unusually pronounced incidence of long-term unemployment. The causes of these problems are investigated. The empirical results, using cross section data from 15 industrial countries, show that the generosity of long-term unemployment benefits helps to explain the prevalence of long-term unemployment. Unemployment compensation also appears to be paid to many who are not actively seeking work. The recent labor market initiatives in Belgium will help to ameliorate some of the underlying problems but they are unlikely to completely address the underlying structural problems