Unemployment and Structural Unemployment in the Baltics

While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countries and analyzes its causes. Our main findings are that the current still elevated level...

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Bibliographic Details
Main Author: Ebeke, Christian
Other Authors: Everaert, Greetje
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Unemployment and Structural Unemployment in the Baltics  |c Christian Ebeke, Greetje Everaert 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2014 
300 |a 25 pages 
651 4 |a Lithuania, Republic of 
653 |a Vacancies 
653 |a Labor markets 
653 |a Unemployment rate 
653 |a Income tax 
653 |a Labor market 
653 |a Labor Turnover 
653 |a Demand and Supply of Labor: General 
653 |a Labour 
653 |a Unemployment 
653 |a Mobility, Unemployment, and Vacancies: Public Policy 
653 |a Personal Income and Other Nonbusiness Taxes and Subsidies 
653 |a Unemployment: Models, Duration, Incidence, and Job Search 
653 |a Income economics 
653 |a Taxes 
653 |a Layoffs 
653 |a Taxation 
653 |a Labor taxes 
653 |a Welfare & benefit systems 
653 |a Structural unemployment 
653 |a Labor 
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520 |a While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countries and analyzes its causes. Our main findings are that the current still elevated levels of unemployment mostly reflect structural factors. We then turn to why structural unemployment is so high. This paper points to skill mismatches, high tax wedges, and unemployment and inactivity traps as potential causes