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| Titre : | Labor market reforms and unemployment dynamics (2018) |
| Auteurs : | Fabrice Murtin ; Jean-Marc Robin |
| Type de document : | Article : texte imprimé |
| Dans : | Labour economics (vol. 50, March 2018) |
| Article en page(s) : | pp. 3-19 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ POLITIQUE DE L'EMPLOI ; CHOMAGE ; STATISTIQUE D'EMPLOI ; SITUATION DU MARCHE DU TRAVAIL ; MODELISATION ; ECONOMETRIE ; COMPARAISON INTERNATIONALE ; AUSTRALIE ; FRANCE ; ALLEMAGNE ; JAPON ; PORTUGAL ; ESPAGNE ; SUEDE ; ROYAUME UNI ; ETATS UNIS |
| Résumé : | We quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries (Australia, France, Germany, Japan, Portugal, Spain, Sweden, UK, US). We estimate a dynamic stochastic search-matching model with heterogeneous workers and aggregate productivity shocks. The heterogeneous-worker mechanism proposed by Robin (2011) explains unemployment volatility by productivity shocks well in all countries. Placement and employment services, UI benefit reduction and product market deregulation are found to be the most prominent policy levers for unemployment reduction. Business cycle shocks and LMPs explain about the same share of unemployment volatility (except for Japan, Portugal and the US). |
| Document Céreq : | Non |
| En ligne : | https://www.sciencedirect.com/science/article/pii/S0927537116300458 |
