Employment performance and institutions: new answers to an old question
"This paper provides new evidence on the linkages between a large array of institutional arrangements (on product, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates, thus allowing us to control for possible substitution ef...
| Main Authors: | , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Bonn
2007
IZA |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19180115124919083979-employment-performance-and-ins.htm |
| _version_ | 1771659896342708226 |
|---|---|
| author | Amable, Bruno Demmou, Lilas Gatti, Donatella |
| author_facet | Amable, Bruno Demmou, Lilas Gatti, Donatella |
| collection | Library items |
| description | "This paper provides new evidence on the linkages between a large array of institutional arrangements (on product, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates, thus allowing us to control for possible substitution effects across situations of non-employment and to check whether institutional rigidities affecting unemployment impact inactivity along the same line. To cope with common problems related to the inclusion of time-invariant institutional variables in fixed effects models, we present results of regressions based on three different estimators: PCSE, GLS and FEVD, the last one being a new procedure specifically designed to treat slowly changing variables. We build time series data to account for annual evolution of employment protection legislation (EPL), and use new data for unemployment insurance net replacement rates. Moreover, we check for interdependencies across product and labour markets legislation by investigating the marginal impact of selected institutional variables. Among other results, we find evidence of a positive effect of EPL on employment performance as well as of a substitutability relationship across product and labour markets regulation policies." |
| format | TEXT |
| geographic | Australia Austria Belgium Canada Denmark Finland France Germany Ireland Italy Japan Netherlands Norway Portugal Sweden Spain United Kingdom USA |
| id | 19180115124919083979_7aa241ed275c4c1796ca1809359a18f4 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19180115124919083979_7aa241ed275c4c1796ca1809359a18f4 |
| is_hierarchy_title | Employment performance and institutions: new answers to an old question |
| language | English |
| physical | 41 p. Digital |
| publishDate | 2007 |
| publisher | Bonn IZA |
| spellingShingle | Amable, Bruno Demmou, Lilas Gatti, Donatella employment policy employment security labour market statistics unemployment Employment performance and institutions: new answers to an old question |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=117011393529 |
| title | Employment performance and institutions: new answers to an old question |
| topic | employment policy employment security labour market statistics unemployment |
| url | https://www.labourline.org/KENTIKA-19180115124919083979-employment-performance-and-ins.htm |