Unemployment In Latin America And The Caribbean
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Unemployment In Latin America And The Caribbean
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Author : Laurence M. Ball
language : en
Publisher: International Monetary Fund
Release Date : 2011-11-01
Unemployment In Latin America And The Caribbean written by Laurence M. Ball and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-01 with Business & Economics categories.
JEL Cl This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural population and that the effects of government regulations are generally weak. We also examine large, persistent increases in unemployment over time, finding that they are caused by contractions in aggregate demand. These demand contractions result from either disinflationary monetary policy or the defense of an exchange - rate peg in the face of capital flight. Our evidence supports hysteresis theories in which short - run changes in unemployment influence the natural rate.
Job Creation In Latin America And The Caribbean
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Author : Carmen Pag s
language : en
Publisher: World Bank Publications
Release Date : 2009-06-19
Job Creation In Latin America And The Caribbean written by Carmen Pag s and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-19 with Business & Economics categories.
More than a decade has passed since the introduction of comprehensive macroeconomic stabilization packages and trade, fiscal, and financial market reforms in Latin America and the Caribbean. However, growth prospects remain disappointing; labor markets show lackluster performance, with low participation rates, high and persistent informality, and, in some cases, open unemployment. Creating viable and lasting employment is vital to reduce poverty and spread prosperity in the region. The failure to create more and more productive and rewarding jobs carries substantial political, social, and economic costs. 'Job Creation in Latin America and the Caribbean: Recent Trends and Policy Challenges' provides a thorough examination of the labor market trends in the region in recent decades and assesses the role that labor demand and labor supply factors have played in shaping these outcomes.
Law And Employment
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Author : James J. Heckman
language : en
Publisher: University of Chicago Press
Release Date : 2007-11-01
Law And Employment written by James J. Heckman and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-01 with Law categories.
Law and Employment analyzes the effects of regulation and deregulation on Latin American labor markets and presents empirically grounded studies of the costs of regulation. Numerous labor regulations that were introduced or reformed in Latin America in the past thirty years have had important economic consequences. Nobel Prize-winning economist James J. Heckman and Carmen Pagés document the behavior of firms attempting to stay in business and be competitive while facing the high costs of complying with these labor laws. They challenge the prevailing view that labor market regulations affect only the distribution of labor incomes and have little or no impact on efficiency or the performance of labor markets. Using new micro-evidence, this volume shows that labor regulations reduce labor market turnover rates and flexibility, promote inequality, and discriminate against marginal workers. Along with in-depth studies of Colombia, Peru, Brazil, Argentina, Chile, Uruguay, Jamaica, and Trinidad, Law and Employment provides comparative analysis of Latin American economies against a range of European countries and the United States. The book breaks new ground by quantifying not only the cost of regulation in Latin America, the Caribbean, and in the OECD, but also the broader impact of this regulation.
Unemployment In Latin America And The Caribbean In The Mid 90 S
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Author : Gustavo A. Marquez
language : en
Publisher:
Release Date : 1999
Unemployment In Latin America And The Caribbean In The Mid 90 S written by Gustavo A. Marquez and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
The paper presents a comparative analysis of unemployment incidence and duration in a cross section of countries in Latin America and the Caribbean. The analysis of time-series averages of unemployment rates shows that unemployment is heterogeneous across countries, and comparable to the level of developed countries with relatively flexible labor markets. Unemployment has moderately increased, and this is likely to be associated with changes in the relative prices of capital and labor that has resulted in slower employment growth. This has been partly compensated by slower labor supply growth. Labor markets in the region are quite fluid in terms of employment creation and destruction, as the high inflow and low long term unemployment rates show. Inflow rates are very similar across deciles (except for the lowest), but short-term unemployment is more prevalent in the lower ones. This suggests that the fundamental problem that high unemployment groups face do not result from more frequent job destruction (high inflow), but rather from experiencing difficulties finding a new job (low outflow).
Unemployment Insurance
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Author : Jacqueline Mazza
language : en
Publisher:
Release Date : 2000
Unemployment Insurance written by Jacqueline Mazza and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Occupational retraining categories.
Unemployment In Latin America And The Caribbean
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Author :
language : en
Publisher:
Release Date : 2011
Unemployment In Latin America And The Caribbean written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Economic Growth In Latin America And The Caribbean
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Author : Norman Loayza
language : en
Publisher: World Bank Publications
Release Date : 2005-01-01
Economic Growth In Latin America And The Caribbean written by Norman Loayza and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-01 with Business & Economics categories.
Several countries in Latin America and the Caribbean are suffering severe economic downturns and the success of market-oriented reforms is being called into question. This report seeks to contribute to the debate by examining the nature of economic growth in the region. The aim is threefold: to describe the basic characteristics of growth; explain differences across countries and to forecast changes over the next decade.
Employment In Latin America
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Author : Regional Employment Program for Latin America and the Caribbean
language : en
Publisher: Greenwood
Release Date : 1978
Employment In Latin America written by Regional Employment Program for Latin America and the Caribbean and has been published by Greenwood this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Business & Economics categories.
Economic Reforms Growth And Employment
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Author : Jürgen Weller
language : en
Publisher: United Nations Publications
Release Date : 2001
Economic Reforms Growth And Employment written by Jürgen Weller and has been published by United Nations Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Analysing the impact of the reforms on employment it is argued that expectations were not fulfilled with respect to the operation of the labour markets. The reforms limited the expansion of employment in some sectors, particularly in tradeable goods. They also created a bias in labour demad for better educated workers which exacerbates inequality. It is thus made clear that the region faces major challenges both in increasing the number of jobs and improving job equality.
Labor Market Flexibility In 13 Latin American Countries And The United States
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Author : José Antonio González Anaya
language : en
Publisher: World Bank Publications
Release Date : 1999-01-01
Labor Market Flexibility In 13 Latin American Countries And The United States written by José Antonio González Anaya and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-01-01 with Business & Economics categories.
"Once again, the quick capacity to overcome economic difficulties in 1995 was insufficient to mark improvements on the labor field." -ILO-Latin America, Editorial, "Labor Outlook 1996" For the first time, this volume compares labor market flexibility across countries in Latin America and the United States. The study uses two performance variables, a price variable measured by real wages and a quantity variable measured alternatively by either employment or unemployment. This paper looks into the structural relationship between output and these variables across 13 countries in Latin America and the United States for the last 20-30 years as a way of measuring the ability of the labor market to absorb output shocks.