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The design of active labour market policies: Building in effective incentives

โœ Scribed by Bart COCKX


Book ID
109294344
Publisher
International Labour Organisation
Year
2000
Tongue
English
Weight
221 KB
Volume
139
Category
Article
ISSN
0020-7780

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The effects of macroeconomic policy shoc
โœ Athanasios Tagkalakis ๐Ÿ“‚ Article ๐Ÿ“… 2006 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 234 KB ๐Ÿ‘ 1 views

This paper discusses the dynamic response of employment, average hours, and real wages to macroeconomic policy shocks in the UK in the period 1970 Q1-2003 Q1. Following a monetary policy shock the adjustment of labour input is primarily along the extensive margin. However, there is also significant