Author: Mr.Tigran Poghosyan
Publisher: International Monetary Fund
ISBN: 1484387198
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
This paper analyzes regional labor mobility in Finland using two complementary empirical approaches: a VAR proposed by Blanchard and Katz (1992) and a gravity model. The results point to a relatively limited regional labor mobility in Finland compared to the U.S. and to EU peers. The limited regional labor mobility is associated with persistent unemployment differentials across regions. Some impediments to regional labor mobility are exogenous, such as large geographical distances across regions and relatively sparse population density, and explain about 23 percent of the variation in labor mobility. Others can be influenced by policy, such as further increase in wage flexibiltiy and reduction of housing costs. These impediments explain about 60 percent of the variation in labor mobility. Greater regional labor mobility could help reduce regional unemployment differentials, improve job matching efficiency, and remove pressures from regional fiscal redistribution.
Author: Mr.Tigran Poghosyan
Publisher: International Monetary Fund
ISBN: 1484385683
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
This paper analyzes regional labor mobility in Finland using two complementary empirical approaches: a VAR proposed by Blanchard and Katz (1992) and a gravity model. The results point to a relatively limited regional labor mobility in Finland compared to the U.S. and to EU peers. The limited regional labor mobility is associated with persistent unemployment differentials across regions. Some impediments to regional labor mobility are exogenous, such as large geographical distances across regions and relatively sparse population density, and explain about 23 percent of the variation in labor mobility. Others can be influenced by policy, such as further increase in wage flexibiltiy and reduction of housing costs. These impediments explain about 60 percent of the variation in labor mobility. Greater regional labor mobility could help reduce regional unemployment differentials, improve job matching efficiency, and remove pressures from regional fiscal redistribution.
Author: Juha Kettunen
Publisher:
ISBN:
Category :
Languages : en
Pages : 19
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Book Description
Author: The World Bank
Publisher: World Bank Publications
ISBN: 1464812829
Category :
Languages : en
Pages :
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Book Description
Author: Markku Temmes
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 90
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Book Description
Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 1484393481
Category : Business & Economics
Languages : en
Pages : 63
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Book Description
Recent growth has been healthy, and the unemployment rate has fallen to its lowest level since 2011. However, some underlying weaknesses remain. The rate in which new jobs are created and the “churn” of workers relocating across jobs has not picked up with the recovery, labor productivity growth remains weak, and the outlook for potential growth is constrained by a shrinking workforce. Household debt has been increasing as the economy has recovered, and some borrowers appear vulnerable to interest rate increases.
Author: Lucy Qian Liu
Publisher: International Monetary Fund
ISBN: 1484387767
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
This paper studies the main factors that explain the low regional mobility in Spain, with a view to identifying policy options at the regional and central level to promote labor mobility. The empirical analysis finds that house prices, labor market conditions, and the pervasiveness of labor market duality at the regional level are the main determinants for Spain’s regional mobility, while labor market institutions and policies play an important role at the national level. Policies that facilitate wage setting flexibility and reduce labor market duality could help enhance the functioning of the labor market, thereby promoting labor mobility. There may be also room for policies to incentivize people to move and provide support through targeted active labor market policies.
Author: Jonathan Corcoran
Publisher: Edward Elgar Publishing
ISBN: 1784712167
Category :
Languages : en
Pages : 272
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Book Description
This book aims to integrate and augment current state-of-the-art knowledge on graduate migration and its role in local economic development. Comprising the key scholars working in the field, it draws together an international series of case studies on graduate migration, a recognised critical component of the global pool of labour. Each chapter describes empirically founded approaches to examining the role and characteristics of graduate migration in differing situational contexts, highlighting issues concerning government policy, data and methods.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264464948
Category :
Languages : en
Pages : 222
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Book Description
This report addresses housing inequities through a series of analytical chapters and case studies. The cross-country chapters examine the effects of the COVID-19 pandemic on housing demand, develop a proposal for a green land value tax, evaluate the dynamics between fiscal autonomy and housing supply responsiveness, as well as explore the drivers of inter-regional migration.
Author: Pierella Paci
Publisher: World Bank Publications
ISBN: 0821370901
Category : Law
Languages : en
Pages : 102
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Book Description
Large regional disparities in labor market indicators exist in Central Europe and the Baltic region. Such disparities appear to be persistent over time indicating, in part, a lack of flexibility in the prevailing adjustment mechanisms. Internal labor mobility is often seen as an important instrument to reduce adjustment costs when other mechanisms fail. Drawing from a variety of data sources and utilizing a common empirical framework and estimation strategy, this study identifies patterns and statistical profiles of geographical mobility. It finds internal migration to be generalily low and highly concentrated among better-educated, young, and single workers. This suggests that migration is more likely to reinforce existing inequalities than to act as an equalizing phenomenon. By way of contrast, commuting flows have grown over time and are more responsive to regional economic differentials. The findings suggest the need for appropriate and country-tailored policy measures designed to increase the responsiveness of labor flows to market conditions.
