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Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession

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Author Info

  • Olivier J. Blanchard
  • Florence Jaumotte
  • Prakash Loungani

Abstract

This paper does two things. First, it articulates what are the main implications of theoretical and empirical research for design of labor market policies and labor market institutions. Second, in this light, the paper analyzes the IMF’s labor market recommendations since the beginning of the crisis, both in general, and more specifically in program countries

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Staff Discussion Notes with number 13/02.

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Length: 30
Date of creation: 29 Mar 2013
Date of revision:
Handle: RePEc:imf:imfsdn:13/02

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Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
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Web page: http://www.imf.org/external/pubind.htm
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Related research

Keywords: Labor market policy; Developed countries; Economic recession; Unemployment; Minimum wage; Wage bargaining; Technical Assistance; Fund role; labor market institutions; Great Recession; employment protection; unemployment insurance; unemployed; unemployment rate; unemployment benefits; unemployment duration; rate of unemployment; high unemployment; natural rate of unemployment; low unemployment; high employment; duration of unemployment; labor demand; unemployment rates; retraining; beveridge; beveridge curve; high unemployment rates; average unemployment rate; private employment; unemployment benefit system; unemployment insurance benefits; employment prospects; job search; effect on employment; unemployment insurance system; short-term employment; effects on employment; period of unemployment; low employment; employment effects; unemployed workers; inflow into unemployment; reemployment; labor force; employment insecurity; low unemployment rate; incidence of unemployment; stable employment; employment conditions; employment relationships; high level of employment;

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  1. La dérégulation du marché du travail est-elle une solution au chômage ?
    by ? in D'un champ l'autre on 2014-04-26 13:10:00

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