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Fiscal policy implications for labor market outcomes in middle-income countries /
Many governments have initiated public employment programs or expanded the existing ones in response to high unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment. This paper explores the question of whether public employme...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2015.
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| Colección: | IMF working paper ;
WP/15/17. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Many governments have initiated public employment programs or expanded the existing ones in response to high unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment. This paper explores the question of whether public employment gives rise to distortions in the labor market in the medium to long-run. Our findings do not provide any evidence that public employment reduces unemployment rate. The analysis in this paper shows that large public employment does significantly affect labor market outcomes in middle-income countries and leads to job destruction in the private sector. The extent of the impact is largely influenced by the degree of substitutability between public and private production and the size of the rents in the public sector.--Abstract. |
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| Notas: | "January 2015." "African Department." |
| Descripción Física: | 1 online resource (24 pages) : color illustrations |
| Bibliografía: | Includes bibliographical references (pages 22-23). |
| ISBN: | 9781498316217 1498316212 1484326806 9781484326800 9781498380522 1498380522 |
| ISSN: | 1018-5941 ; |