[PDF] Unemployment And Structural Unemployment In The Baltics eBook

Author : Mr.Christian Ebeke
Publisher : International Monetary Fund
Page : 25 pages
File Size : 33,15 MB
Release : 2014-08-19
Category : Business & Economics
ISBN : 1498304346

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While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countries and analyzes its causes. Our main findings are that the current still elevated levels of unemployment mostly reflect structural factors. We then turn to why structural unemployment is so high. This paper points to skill mismatches, high tax wedges, and unemployment and inactivity traps as potential causes.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 82 pages
File Size : 37,84 MB
Release : 2001-01-01
Category : Business & Economics
ISBN : 1452781117

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The paper examines labor market developments in the four hard-peg European Union (EU) accession candidates during transition, with a view toward understanding the persistent high unemployment experienced in each country. Despite the significant levels of unemployment in all four countries, labor market developments suggest that the strongest and earliest reformers have had the best labor market performance as well. It is crucial that all four countries continue their policies aimed at encouraging investment and job creation. Accession to the EU will present challenges to labor markets.

Author : William Gbohoui
Publisher : International Monetary Fund
Page : 42 pages
File Size : 14,90 MB
Release : 2019-11-08
Category : Business & Economics
ISBN : 1513519999

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This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in the tax-benefit system constitute a factor explaining structural unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for second earners (respectively the generosity of the pension system) contribute to lower labor market participation of women (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor market and improved targeting of benefits to make work more rewarding.

Author : Julio A. Santaella
Publisher : International Monetary Fund
Page : 42 pages
File Size : 11,61 MB
Release : 1995-01-01
Category : Business & Economics
ISBN : 145196045X

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This paper examines the problem of unemployment in Ireland. A brief description of the main distinctive features of the structure of Irish unemployment is presented. Based on up to date literature, the possible causes behind unemployment are reviewed. Empirical studies that have quantified the contributions of different determinants to the increase in Irish unemployment are also surveyed. The paper concludes with some policy suggestions.

Author : Mr.Ruben V Atoyan
Publisher : International Monetary Fund
Page : 48 pages
File Size : 23,89 MB
Release : 2016-07-20
Category : Social Science
ISBN : 1475576366

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This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 91 pages
File Size : 44,77 MB
Release : 2014-05-08
Category : Business & Economics
ISBN : 1484378261

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This Selected Issues paper focuses on the Baltic model, Baltic–Nordic links, and convergence. The Baltic countries form a distinct group within a tightly integrated Nordic–Baltic region. They are following similar approaches to economic policy, broadly in line with those of Northern European and the Anglo-Saxon countries. Their macroeconomic policies are generally robust. The paper examines the possible causes of the creditless recoveries in the Baltic countries. It characterizes their experience in comparison with other episodes of creditless recoveries in both advanced and emerging market economies, and also investigates demand and supply constraints to credit expansion in the Baltics.

Author : Rita Kaša
Publisher : Springer
Page : 300 pages
File Size : 12,87 MB
Release : 2019-05-08
Category : Social Science
ISBN : 3030120929

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This open access volume examines experiences of contemporary Latvian migrants, thereby focusing on reasons for emigration, processes of integration in their host countries, and – in the case of return migration - re-integration in their home country. In the context of European migration, the book describes the case of Latvia, which is interesting due to the multiple waves of excessive emigration, continuously high migration potential among European Union member states, and diverse migrant characteristics. It provides a fascinating insight into the social and psychological aspects linked to migration in a comparative context. The data in this volume is rich in providing individual level perspectives of contemporary Latvian migrants by addressing issues such as emigrants’ economic, social and cultural inclusion in the host country, ties with the home country and culture, interaction with public authorities both in the host and home country, political views, and perspectives on the permanent settlement in migration or return. Through topics such as assimilation of children, relationships between emigrants representing different emigration waves, the complex identities and attachments of minority emigrants, and the role of culture and media in identity formation and presentation, this book addresses topics that any contemporary emigrant community is faced with.

Author : Laurence M. Ball
Publisher : International Monetary Fund
Page : 39 pages
File Size : 40,85 MB
Release : 2011-11-01
Category : Business & Economics
ISBN : 1463923341

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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.