Deconstructing Job Creation

August 1, 1999

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Format: Chicago

Pietro Garibaldi, and Paolo Mauro. Deconstructing Job Creation, (USA: International Monetary Fund, 1999) accessed November 21, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and flexible employment protection legislation is associated with high job creation and can account for most of the observed differences. The Netherlands’ success is largely accounted for by the creation of part-time jobs for women aged 25-49 in the services sector, but in most EU countries the substitution of part-time jobs for full-time jobs is considerable.

Subject: Employment, Employment protection, Job creation, Labor, Labor market institutions, Unemployment

Keywords: Aggregate job creation, Employment, Employment growth, Employment miracle, Employment protection, Europe, European unemployment, Firing costs, Growth rate, Job creation, Job creation performance, Labor market institutions, Southern Europe, Unemployment, Work, WP

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1999/109
Stock No:

WPIEA1091999
ISBN:

9781451853193
ISSN:

1018-5941

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