More Work to Do? :: Taking Stock of Latin American Labor Markets /
We analyze the performance of labor markets in Latin America since the late 1990s. Strong GDP growth during the commodity boom period led to important gains in employment and a fall in the unemployment rate as labor demand outpaced an increasing labor supply. We emphasize the role of informality in...
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| Hauptverfasser: | , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C.] :
International Monetary Fund,
[2019]
|
| Schriftenreihe: | IMF working paper ;
WP/19/55. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | We analyze the performance of labor markets in Latin America since the late 1990s. Strong GDP growth during the commodity boom period led to important gains in employment and a fall in the unemployment rate as labor demand outpaced an increasing labor supply. We emphasize the role of informality in the dynamics of labor markets in Latin America. A re-examination of Okun's law shows that informality dampens changes in unemployment accompanying output fluctuations. Moreover, we present some evidence that countries with higher redundancy costs and cumbersome dismissal regulations, exhibit 'excess' informality over and above what would be expected based on their income and educational levels. Labor market reforms could thus contribute to reducing informality and increasing the responsiveness of labor markets to output growth. However, looking at selected case studies of reforms using the synthetic control method, we find mixed results in terms of labor market outcomes. |
| Beschreibung: | 1 online resource (42 pages) |
| Bibliographie: | Includes bibliographical references. |
| ISBN: | 1498302785 1498303498 9781498302784 9781498303491 |
Internformat
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| 245 | 1 | 0 | |a More Work to Do? : |b Taking Stock of Latin American Labor Markets / |c by Antonio C. David, Frederic Lambert and Frederik Toscani. |
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| 504 | |a Includes bibliographical references. | ||
| 505 | 0 | |a Cover; More Work to Do? Taking Stock of Latin American Labor Markets; I. INTRODUCTION; II. STYLIZED FACTS; III. DECOMPOSING UNEMPLOYMENT DYNAMICS; IV. REVISITING OKUN'S LAW; V. LINKS BETWEEN INFORMALITY AND LABOR MARKET INSTITUTIONS; VI. CASE STUDIES: ASSESSING THE IMPACT OF SELECTED LABOR MARKET REFORMS; VII. CONCLUSION; APPENDIX A: MEASURES OF LABOR MARKET INSTITUTIONS AND REGULATIONS; APPENDIX B: DECOMPOSING CHANGES IN UNEMPLOYMENT | |
| 520 | 3 | |a We analyze the performance of labor markets in Latin America since the late 1990s. Strong GDP growth during the commodity boom period led to important gains in employment and a fall in the unemployment rate as labor demand outpaced an increasing labor supply. We emphasize the role of informality in the dynamics of labor markets in Latin America. A re-examination of Okun's law shows that informality dampens changes in unemployment accompanying output fluctuations. Moreover, we present some evidence that countries with higher redundancy costs and cumbersome dismissal regulations, exhibit 'excess' informality over and above what would be expected based on their income and educational levels. Labor market reforms could thus contribute to reducing informality and increasing the responsiveness of labor markets to output growth. However, looking at selected case studies of reforms using the synthetic control method, we find mixed results in terms of labor market outcomes. | |
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| 651 | 7 | |a Latin America |2 fast | |
| 700 | 1 | |a Lambert, Frédéric, |e author. | |
| 700 | 1 | |a Toscani, Frederik G., |e author. | |
| 710 | 2 | |a International Monetary Fund, |e issuing body. |0 http://id.loc.gov/authorities/names/n81052755 | |
| 776 | 0 | 8 | |i Print version: |a David, Antonio. |t More Work to Do? Taking Stock of Latin American Labor Markets. |d Washington, D.C. : International Monetary Fund, ©2019 |z 9781498302784 |
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| author | David, Antonio Lambert, Frédéric Toscani, Frederik G. |
| author_facet | David, Antonio Lambert, Frédéric Toscani, Frederik G. |
| author_role | aut aut aut |
| author_sort | David, Antonio |
| author_variant | a d ad f l fl f g t fg fgt |
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| callnumber-first | H - Social Science |
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| contents | Cover; More Work to Do? Taking Stock of Latin American Labor Markets; I. INTRODUCTION; II. STYLIZED FACTS; III. DECOMPOSING UNEMPLOYMENT DYNAMICS; IV. REVISITING OKUN'S LAW; V. LINKS BETWEEN INFORMALITY AND LABOR MARKET INSTITUTIONS; VI. CASE STUDIES: ASSESSING THE IMPACT OF SELECTED LABOR MARKET REFORMS; VII. CONCLUSION; APPENDIX A: MEASURES OF LABOR MARKET INSTITUTIONS AND REGULATIONS; APPENDIX B: DECOMPOSING CHANGES IN UNEMPLOYMENT |
| ctrlnum | (OCoLC)1096522214 |
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| dewey-ones | 331 - Labor economics |
| dewey-raw | 331.1098 |
| dewey-search | 331.1098 |
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| discipline | Wirtschaftswissenschaften |
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| geographic | Latin America fast |
| geographic_facet | Latin America |
| id | ZDB-4-EBU-on1096522214 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-16T15:04:25Z |
| institution | BVB |
| institution_GND | http://id.loc.gov/authorities/names/n81052755 |
| isbn | 1498302785 1498303498 9781498302784 9781498303491 |
| language | English |
| oclc_num | 1096522214 |
| open_access_boolean | |
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| physical | 1 online resource (42 pages) |
| psigel | ZDB-4-EBU |
| publishDate | 2019 |
| publishDateSearch | 2019 |
| publishDateSort | 2019 |
| publisher | International Monetary Fund, |
| record_format | marc |
| series | IMF working paper ; |
| series2 | IMF Working Paper ; |
| spelling | David, Antonio, author. More Work to Do? : Taking Stock of Latin American Labor Markets / by Antonio C. David, Frederic Lambert and Frederik Toscani. [Washington, D.C.] : International Monetary Fund, [2019] ©2019 1 online resource (42 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier IMF Working Paper ; WP/19/55 Includes bibliographical references. Cover; More Work to Do? Taking Stock of Latin American Labor Markets; I. INTRODUCTION; II. STYLIZED FACTS; III. DECOMPOSING UNEMPLOYMENT DYNAMICS; IV. REVISITING OKUN'S LAW; V. LINKS BETWEEN INFORMALITY AND LABOR MARKET INSTITUTIONS; VI. CASE STUDIES: ASSESSING THE IMPACT OF SELECTED LABOR MARKET REFORMS; VII. CONCLUSION; APPENDIX A: MEASURES OF LABOR MARKET INSTITUTIONS AND REGULATIONS; APPENDIX B: DECOMPOSING CHANGES IN UNEMPLOYMENT We analyze the performance of labor markets in Latin America since the late 1990s. Strong GDP growth during the commodity boom period led to important gains in employment and a fall in the unemployment rate as labor demand outpaced an increasing labor supply. We emphasize the role of informality in the dynamics of labor markets in Latin America. A re-examination of Okun's law shows that informality dampens changes in unemployment accompanying output fluctuations. Moreover, we present some evidence that countries with higher redundancy costs and cumbersome dismissal regulations, exhibit 'excess' informality over and above what would be expected based on their income and educational levels. Labor market reforms could thus contribute to reducing informality and increasing the responsiveness of labor markets to output growth. However, looking at selected case studies of reforms using the synthetic control method, we find mixed results in terms of labor market outcomes. Print version record. Labor market Latin America. Marché du travail Amérique latine. Labor market fast Latin America fast Lambert, Frédéric, author. Toscani, Frederik G., author. International Monetary Fund, issuing body. http://id.loc.gov/authorities/names/n81052755 Print version: David, Antonio. More Work to Do? Taking Stock of Latin American Labor Markets. Washington, D.C. : International Monetary Fund, ©2019 9781498302784 IMF working paper ; WP/19/55. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2094642 Volltext |
| spellingShingle | David, Antonio Lambert, Frédéric Toscani, Frederik G. More Work to Do? : Taking Stock of Latin American Labor Markets / IMF working paper ; Cover; More Work to Do? Taking Stock of Latin American Labor Markets; I. INTRODUCTION; II. STYLIZED FACTS; III. DECOMPOSING UNEMPLOYMENT DYNAMICS; IV. REVISITING OKUN'S LAW; V. LINKS BETWEEN INFORMALITY AND LABOR MARKET INSTITUTIONS; VI. CASE STUDIES: ASSESSING THE IMPACT OF SELECTED LABOR MARKET REFORMS; VII. CONCLUSION; APPENDIX A: MEASURES OF LABOR MARKET INSTITUTIONS AND REGULATIONS; APPENDIX B: DECOMPOSING CHANGES IN UNEMPLOYMENT Labor market Latin America. Marché du travail Amérique latine. Labor market fast |
| title | More Work to Do? : Taking Stock of Latin American Labor Markets / |
| title_auth | More Work to Do? : Taking Stock of Latin American Labor Markets / |
| title_exact_search | More Work to Do? : Taking Stock of Latin American Labor Markets / |
| title_full | More Work to Do? : Taking Stock of Latin American Labor Markets / by Antonio C. David, Frederic Lambert and Frederik Toscani. |
| title_fullStr | More Work to Do? : Taking Stock of Latin American Labor Markets / by Antonio C. David, Frederic Lambert and Frederik Toscani. |
| title_full_unstemmed | More Work to Do? : Taking Stock of Latin American Labor Markets / by Antonio C. David, Frederic Lambert and Frederik Toscani. |
| title_short | More Work to Do? : |
| title_sort | more work to do taking stock of latin american labor markets |
| title_sub | Taking Stock of Latin American Labor Markets / |
| topic | Labor market Latin America. Marché du travail Amérique latine. Labor market fast |
| topic_facet | Labor market Latin America. Marché du travail Amérique latine. Labor market Latin America |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=2094642 |
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