A Template for Analyzing and Projecting Labor Market Indicators

This note is a reference guide for the unemployment template, an econometric tool that allows researchers to analyze and project labor market indicators for any country with sufficient data coverage. Section I explains the motivation behind designing a new surveillance tool to study labor markets, a...

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Bibliographic Details
Main Author: Chami, Ralph
Format: eBook
Language:Russian
Published: Washington, D.C. International Monetary Fund 2013
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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130 0 |a A Template for Analyzing and Projecting Labor Market Indicators 
245 0 0 |a A Template for Analyzing and Projecting Labor Market Indicators  |c Ralph Chami 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2013 
300 |a 20 pages 
653 |a Labor Economics Policies 
653 |a Labour 
653 |a Unemployment: Models, Duration, Incidence, and Job Search 
653 |a Unemployment 
653 |a Labor markets 
653 |a Aggregate Labor Productivity 
653 |a Demand and Supply of Labor: General 
653 |a Aggregate Human Capital 
653 |a Labor 
653 |a Labor Force and Employment, Size, and Structure 
653 |a Labor force 
653 |a Labor Economics: General 
653 |a Labor market 
653 |a Wages 
653 |a Unemployment rate 
653 |a Economic theory 
653 |a Intergenerational Income Distribution 
653 |a Income economics 
653 |a Employment 
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520 |a This note is a reference guide for the unemployment template, an econometric tool that allows researchers to analyze and project labor market indicators for any country with sufficient data coverage. Section I explains the motivation behind designing a new surveillance tool to study labor markets, and summarizes the key features of the template. Section II details the data inputs needed and their sources. Section III describes the methods used to estimate the employment-growth elasticity, a measure of the extent to which employment responds to output. Section IV outlines the medium-term outlook table and projection charts created by the template once the inputs are customized to generate an appropriate elasticity. Finally, Section V presents a discussion on how to interpret the results produced by the template, and of the issues that arise from projecting labor market indicators