کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7346666 | 1476496 | 2018 | 14 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Active labour-market policies and output growth: Is there a causal relationship?
ترجمه فارسی عنوان
سیاست های فعال بازار کار و رشد تولید: آیا رابطه علی وجود دارد؟
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
چکیده انگلیسی
While the labour-market impact of ALMP interventions has been extensively studied, an issue that has not been widely addressed in the literature is to what extent active labour-market policies have beneficial effects for the whole economy at the macroeconomic level. This paper addresses this issue by examining how additional resources allocated to active labour-market policies relate to output-growth rates. It also examines the sensitivity of the growth-ALMP relationship to the business cycle. Based on a structural model, we find that whether or not additional resources allocated to ALMPs contribute to raising output growth is a priori unclear. However, using data from OECD countries during 1991-2011 and GMM estimation to account for potential endogeneities, we find evidence suggesting a net positive output-growth differential due to implementing active labour-market policies in normal times of between 0.004 and 0.006 percentage point. This differential becomes larger during economic upturns when market conditions are improving relative to trend.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 73, June 2018, Pages 1-14
Journal: Economic Modelling - Volume 73, June 2018, Pages 1-14
نویسندگان
Eleftherios Goulas, Athina Zervoyianni,