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Download EBOOK Labor Market Flexibility in Thirteen Latin American Countries and the United States : Revisiting and Expanding Okun Coefficients PDF for free


Download EBOOK Labor Market Flexibility in Thirteen Latin American Countries and the United States : Revisiting and Expanding Okun Coefficients PDF for free Category: Labour Economics
Edition: World Bank Publications
Date of issue: 31 Oct 1999
Format files: EPUB, TXT, PDF, DOCX
The author of the book: World Bank
ISBN-13: 9780821344897
The size of the: 750 KB
Language: English

Description of the book "Labor Market Flexibility in Thirteen Latin American Countries and the United States : Revisiting and Expanding Okun Coefficients":

Once again, the quick capacity to overcome economic difficulties in 1995 was insufficient to mark improvements on the labor field. -ILO-Latin America, Editorial, ""Labor Outlook 1996"" For the first time, this volume compares labor market flexibility across countries in Latin America and the United States. The study uses two performance variables, a price variable measured by real wages and a quantity variable measured alternatively by either employment or unemployment. This paper looks into the structural relationship between output and these variables across 13 countries in Latin America and the United States for the last 20-30 years as a way of measuring the ability of the PDF labor market to absorb output shocks.


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