Publication:
Labor Market Institutions and Their Effect on Labor Market Performance in OECD and European Countries

Simple item page
dc.contributor.authorFialová, Kamila
dc.date.accessioned2016-06-09T21:50:31Z
dc.date.available2016-06-09T21:50:31Z
dc.date.issued2011-06
dc.description.abstractThe aim of this technical note is to shed some light on relationship between labor market institutions and labor market outcomes in the member states of the Organization of Economic Cooperation and Development (OECD) in North America and East Asia; the New Member States of the European Union who are not members of the OECD (e.g. the Baltic states); countries in the European “Neighborhood” with aspire to accede to the EU (e.g. countries in the Western Balkans); and other European transitions countries (e.g. Ukraine, Moldova, and the Caucasus). Several estimation approaches for different data samples and explanatory variables were used to analyze the impact of labor market institutions on the labor market outcomes in European and OECD countries. This technical note, nevertheless, analyzes the impact of labor market institutions in above-mentioned regions and finds that they do affect major labor market indicators. The results show that the minimum wage tends to increase unemployment in non-European OECD sample, which is in accordance with the text-book pricing out effect. To examine the potential differences in the role of explanatory variables between the two OECD sub-samples the author applied modified Chow tests.The results of applied Chow tests examining the potential differences in the role of explanatory variables between the particular sub-samples are inconclusive. Generally, the author was not able to reject the hypothesis of stability of regression coefficients between the examined groups of countries in all tested models. While some of the estimated coefficients suggest different behavior, the available data did not allow to study this issue in detail.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/04/26228710/labor-market-institutions-effect-labor-market-performance-oecd-european-countries
dc.identifier.doi10.1596/24494
dc.identifier.urihttps://hdl.handle.net/10986/24494
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectUNION MEMBERSHIP
dc.subjectJOBS
dc.subjectEMPLOYMENT
dc.subjectAVERAGE UNEMPLOYMENT
dc.subjectEMPLOYMENT RATE
dc.subjectLABOR MARKET POLICY
dc.subjectEQUILIBRIUM UNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectPASSIVE LABOR
dc.subjectPRODUCT MARKET
dc.subjectCONFLICT OF INTEREST
dc.subjectMINIMUM WAGE
dc.subjectINTEREST
dc.subjectINCOME
dc.subjectAVERAGE UNEMPLOYMENT RATE
dc.subjectMACROECONOMIC POLICY
dc.subjectTRADE UNION
dc.subjectINITIAL UNEMPLOYMENT
dc.subjectEFFECTS
dc.subjectVARIABLES
dc.subjectPRICING
dc.subjectWAGE LEVEL
dc.subjectEMPLOYMENT RATES
dc.subjectTAX
dc.subjectINCOME TAX
dc.subjectPRODUCT MARKET REFORMS
dc.subjectLABOR MARKET POLICIES
dc.subjectINFLATION
dc.subjectACTIVE LABOR
dc.subjectDRIVERS
dc.subjectLABOR MARKET
dc.subjectEMPLOYMENT LEVEL
dc.subjectINFLUENCE
dc.subjectLABOR COSTS
dc.subjectMARKET REFORMS
dc.subjectPOLITICAL INSTITUTIONS
dc.subjectECONOMIC COOPERATION
dc.subjectPASSIVE LABOR MARKET PROGRAMS
dc.subjectACTIVE LABOR MARKET
dc.subjectMONETARY FUND
dc.subjectUNEMPLOYED
dc.subjectTRANSFERS
dc.subjectEMPLOYMENT PROTECTION POLICIES
dc.subjectCENTRALIZATION
dc.subjectMARKETS
dc.subjectACTIVE LABOR MARKET POLICY
dc.subjectLABOR
dc.subjectPRODUCT
dc.subjectCASH TRANSFERS
dc.subjectUNEMPLOYMENT INDICATORS
dc.subjectLONG-TERM UNEMPLOYMENT
dc.subjectEFFICIENCY
dc.subjectTAXES
dc.subjectACTIVE LABOR MARKET POLICIES
dc.subjectEXPENDITURE
dc.subjectUNEMPLOYMENT
dc.subjectWORKERS
dc.subjectUNION DENSITY
dc.subjectLABOR MARKET PROGRAMS
dc.subjectPOLICIES
dc.subjectTOTAL UNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectEMPLOYMENT PROTECTION LEGISLATION
dc.subjectACTIVE LABOR MARKET PROGRAMS
dc.subjectVALUE
dc.subjectAVERAGE WAGE
dc.subjectWAGE RATES
dc.subjectTRANSITION COUNTRIES
dc.subjectLABOR MARKET INSTITUTIONS
dc.subjectLABOR MARKET OUTCOMES
dc.subjectCOLLECTIVE AGREEMENT
dc.subjectEARNING
dc.subjectMARKET
dc.subjectLABOR MARKET INDICATORS
dc.subjectECONOMIC THEORY
dc.subjectCOLLECTIVE BARGAINING
dc.subjectLABOR MARKET PERFORMANCE
dc.subjectTRADE UNIONS
dc.subjectECONOMICS
dc.subjectLABOR MARKET RIGIDITIES
dc.subjectINSURANCE
dc.subjectLABOR ORGANIZATION
dc.subjectTAXATION
dc.subjectGROSS WAGE
dc.subjectPAYROLL TAX
dc.subjectTRADE
dc.subjectUNEMPLOYMENT BENEFIT
dc.subjectGDP
dc.subjectTHEORY
dc.subjectSECURITY
dc.subjectSHARE
dc.subjectTAX SYSTEM
dc.subjectADVERSE IMPACT
dc.subjectBARGAINING
dc.subjectSUPPLY
dc.subjectEMPLOYEE
dc.subjectPRODUCT MARKETS
dc.subjectLABOR SUPPLY
dc.subjectUNEMPLOYMENT LEVEL
dc.subjectUNEMPLOYMENT BENEFITS
dc.subjectLABOR MARKETS
dc.subjectECONOMIC SHOCKS
dc.subjectOUTCOMES
dc.subjectBENEFITS
dc.subjectEMPLOYEES
dc.titleLabor Market Institutions and Their Effect on Labor Market Performance in OECD and European Countriesen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleLabor Market Institutions and Their Effect on Labor Market Performance in OECD and European Countries
okr.date.disclosure2016-04-15
okr.date.doiregistration2025-05-05T11:39:41.133893Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/04/26228710/labor-market-institutions-effect-labor-market-performance-oecd-european-countries
okr.guid126061468185035585
okr.identifier.externaldocumentum090224b08429caab_1_0
okr.identifier.internaldocumentum26228710
okr.identifier.report103794
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/04/15/090224b08429caab/1_0/Rendered/PDF/Labor0market0i0d0European0countries.pdfen
okr.region.geographicalEurope
okr.region.geographicalEuropean Union
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicSocial Protections and Labor::Labor Policies
okr.unitSocial Protection & Labor EAP (GSP02)
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
Labor0market0i0d0European0countries.pdf
Size:
760.69 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
Labor0market0i0d0European0countries.txt
Size:
45.47 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Other papers