Structural Unemployment in Luxembourg: Bad Luck or Rational Choice?

Structural Unemployment in Luxembourg: Bad Luck or Rational Choice?
Author :
Publisher : International Monetary Fund
Total Pages : 42
Release :
ISBN-10 : 9781513515427
ISBN-13 : 151351542X
Rating : 4/5 (42X Downloads)

Book Synopsis Structural Unemployment in Luxembourg: Bad Luck or Rational Choice? by : William Gbohoui

Download or read book Structural Unemployment in Luxembourg: Bad Luck or Rational Choice? written by William Gbohoui and published by International Monetary Fund. This book was released on 2019-11-08 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in the tax-benefit system constitute a factor explaining structural unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for second earners (respectively the generosity of the pension system) contribute to lower labor market participation of women (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor market and improved targeting of benefits to make work more rewarding.


Structural Unemployment in Luxembourg: Bad Luck or Rational Choice? Related Books

Structural Unemployment in Luxembourg: Bad Luck or Rational Choice?
Language: en
Pages: 42
Authors: William Gbohoui
Categories: Business & Economics
Type: BOOK - Published: 2019-11-08 - Publisher: International Monetary Fund

GET EBOOK

This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU m
OECD Economic Surveys: Luxembourg 2022
Language: en
Pages: 155
Authors: OECD
Categories:
Type: BOOK - Published: 2022-11-17 - Publisher: OECD Publishing

GET EBOOK

Luxembourg recovered quickly from the COVID-19 pandemic thanks to extensive policy support. However, the impact of the war in Ukraine is exacerbating inflationa
Unemployment in Ireland
Language: en
Pages: 42
Authors: Julio A. Santaella
Categories: Business & Economics
Type: BOOK - Published: 1995-01-01 - Publisher: International Monetary Fund

GET EBOOK

This paper examines the problem of unemployment in Ireland. A brief description of the main distinctive features of the structure of Irish unemployment is prese
Hysteresis and Business Cycles
Language: en
Pages: 50
Authors: Ms.Valerie Cerra
Categories: Business & Economics
Type: BOOK - Published: 2020-05-29 - Publisher: International Monetary Fund

GET EBOOK

Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economi
World Development Report 2019
Language: en
Pages: 201
Authors: World Bank
Categories: Business & Economics
Type: BOOK - Published: 2018-10-31 - Publisher: World Bank Publications

GET EBOOK

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more a