منابع مشابه
Trade and Labor Reallocation with Heterogeneous Enforcement of Labor Regulations
Trade and Labor Reallocation with Heterogeneous Enforcement of Labor Regulations This paper revisits the question of how trade openness affects labor market outcomes in a developing country setting. We explore the fact that plants face varying degrees of exposure to global markets and to the enforcement of labor market regulations, and rely on Brazil’s currency crisis in 1999 as an exogenous so...
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At this point, it is nearly impossible to escape discussion of the aging of the baby boom and its implications for Social Security. No set of reasonable demographic and economic assumptions yields a forecast of long-term solvency for the program as it exists today (Board of Trustees 1997; Congressional Budget Office (CBO) 1997). Some reform is necessary. The open questions are which reforms and...
متن کاملAdjusting to Trade Liberalization: Reallocation and Labor Market Policies
Labor market responses to trade liberalization typically exhibit a slow reallocation of labor across industries, large costs for displaced workers, and a disproportionate adjustment burden for older workers. To explain these features and analyze alternative policies, I develop a two-sector small open economy model with overlapping generations, frictional labor markets, and sector-specific human...
متن کاملThe Timing of Labor Reallocation and the Business Cycle
In this paper we study the cyclical behavior of job and worker flows. Wefindfor the Netherlands that employment and unemployment flows are large, relative to the stocks, that both the sum ofemployment in and outflow and the sum of job creation and destruction (je and jd) move countercyclical. Other issues that we examined include the importance ofaggregate vs. sectoral shocks, the persistence o...
متن کاملRapid Labor Reallocation with a Stagnant Unemployment Pool: The Puzzle of the Labor Market in Lithuania
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ژورنال
عنوان ژورنال: Journal of Comparative Economics
سال: 2018
ISSN: 0147-5967
DOI: 10.1016/j.jce.2017.12.003