The macroeconomic impact of structural policies on labour market outcomes in OECD countries: A reassessment
This paper presents a first set of updates and extensions of the large body of existing evidence about the aggregate labour market impact of structural policies, in the context of enhancing the OECD's supply-side framework for the quantification of reform packages. In line with previous finding...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2015
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Schriftenreihe: | OECD Economics Department Working Papers
no.1271 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper presents a first set of updates and extensions of the large body of existing evidence about the aggregate labour market impact of structural policies, in the context of enhancing the OECD's supply-side framework for the quantification of reform packages. In line with previous findings, elements of the tax benefit system, activation policies and wage setting institutions are found to be robust policy determinants of the aggregate employment and unemployment rates. Looking beyond the overall employment impact, outcomes for vulnerable groups such as the low educated, the youth and the elderly tend to be more affected by certain structural policies, including specific measures targeted at them. Finally, more competition-friendly product market regulations are also found to impact aggregate employment rates positively and significantly, although less robustly. |
Beschreibung: | 1 Online-Ressource (65 p.) 21 x 29.7cm. |
DOI: | 10.1787/5jrqc6t8ktjf-en |
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spelling | Gal, Peter VerfasserIn aut The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment Peter, Gal and Adam, Theising = L'impact macroéconomique des politiques structurelles sur le marché du travail dans les pays de l'OCDE : Une mise à jour / Peter, Gal et Adam, Theising L'impact macroéconomique des politiques structurelles sur le marché du travail dans les pays de l'OCDE Paris OECD Publishing 2015 1 Online-Ressource (65 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1271 This paper presents a first set of updates and extensions of the large body of existing evidence about the aggregate labour market impact of structural policies, in the context of enhancing the OECD's supply-side framework for the quantification of reform packages. In line with previous findings, elements of the tax benefit system, activation policies and wage setting institutions are found to be robust policy determinants of the aggregate employment and unemployment rates. Looking beyond the overall employment impact, outcomes for vulnerable groups such as the low educated, the youth and the elderly tend to be more affected by certain structural policies, including specific measures targeted at them. Finally, more competition-friendly product market regulations are also found to impact aggregate employment rates positively and significantly, although less robustly. Economics Theising, Adam MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5jrqc6t8ktjf-en Volltext |
spellingShingle | Gal, Peter The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment Economics |
title | The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment |
title_alt | L'impact macroéconomique des politiques structurelles sur le marché du travail dans les pays de l'OCDE |
title_auth | The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment |
title_exact_search | The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment |
title_full | The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment Peter, Gal and Adam, Theising = L'impact macroéconomique des politiques structurelles sur le marché du travail dans les pays de l'OCDE : Une mise à jour / Peter, Gal et Adam, Theising |
title_fullStr | The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment Peter, Gal and Adam, Theising = L'impact macroéconomique des politiques structurelles sur le marché du travail dans les pays de l'OCDE : Une mise à jour / Peter, Gal et Adam, Theising |
title_full_unstemmed | The macroeconomic impact of structural policies on labour market outcomes in OECD countries A reassessment Peter, Gal and Adam, Theising = L'impact macroéconomique des politiques structurelles sur le marché du travail dans les pays de l'OCDE : Une mise à jour / Peter, Gal et Adam, Theising |
title_short | The macroeconomic impact of structural policies on labour market outcomes in OECD countries |
title_sort | macroeconomic impact of structural policies on labour market outcomes in oecd countries a reassessment |
title_sub | A reassessment |
topic | Economics |
topic_facet | Economics |
url | https://doi.org/10.1787/5jrqc6t8ktjf-en |
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