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Labour markets and the crisis

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Abstract

The deep recession has led to a marked deterioration in labour market conditions in the OECD area. This paper, which draws heavily on other ongoing analytical work at the OECD, takes stock of recent labour market developments, highlights some of the key uncertainties in the early stages of the upturn, and discusses the policy options available to damp any further, structural deterioration in labour markets and facilitate an eventual, sustained, job-rich recovery. Les marchés du travail et la crise La profonde récession qui a frappé l’économie de la zone OCDE a entraîné une dégradation marquée de la situation des marchés du travail. Ce document examine l’évolution récente du marché du travail, quelquesunes des principales incertitudes pendant les phases initiales de la reprise et examine les options de politiques économiques disponibles pour amortir une nouvelle dégradation structurelle durable de leurs marchés du travail et faciliter à terme une reprise pérenne riche en emplois.

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File URL: http://dx.doi.org/10.1787/5kmh79sx13xr-en
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Bibliographic Info

Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 756.

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Date of creation: 16 Apr 2010
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Handle: RePEc:oec:ecoaaa:756-en

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Keywords: unemployment; employment; policy; crisis; recovery; reprise; crise; Politique; emploi; chômage;

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Cited by:
  1. Opp, Christian C. & Opp, Marcus M. & Harris, Milton, 2013. "Rating agencies in the face of regulation," Journal of Financial Economics, Elsevier, vol. 108(1), pages 46-61.
  2. Koen Bartels, 2013. "Research as Usual: How Researching Public Problems Affects Problem Solving," Working Papers 13002, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
  3. Joseph P. Hughes & Loretta J. Mester, 2013. "Who said large banks don’t experience scale economies? Evidence from a risk-return-driven cost function," Working Papers 13-13, Federal Reserve Bank of Philadelphia, revised 04 Feb 2014.
  4. Liang, Hsiao-Chen & Jang, Woan-Yuh, 2013. "Information asymmetry and monitoring in equity private placements," The Quarterly Review of Economics and Finance, Elsevier, vol. 53(4), pages 460-475.
  5. Todor Todorov, 2012. "An Approach for Estimating the Basic Types of Unemployment in Bulgaria (Bulgarian)," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 88-109.
  6. Agarwal, Sumit & Chang, Yan & Yavas, Abdullah, 2012. "Adverse selection in mortgage securitization," Journal of Financial Economics, Elsevier, vol. 105(3), pages 640-660.
  7. Chevallier, Julien, 2012. "Global imbalances, cross-market linkages, and the financial crisis : a multivariate Markov-Switching analysis," Economics Papers from University Paris Dauphine 123456789/8773, Paris Dauphine University.
  8. Todor Todorov, 2012. "An Approach for Estimating the Basic Types of Unemployment in Bulgaria (English)," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 110-130.
  9. Beniamino Moro, 2013. "The Run On Repo and the Liquidity Shortage Problems of the Current Global Financial Crisis: Europe vs. The US," Ekonomi-tek - International Economics Journal, Turkish Economic Association, vol. 2(1), pages 41-77, January.

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