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Deconstructing Job Creation

by Mr. Paolo Mauro , Mr. Pietro Garibaldi

๐Ÿ“– The Scoop

This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and flexible employment protection legislation is associated with high job creation and can account for most of the observed differences. The Netherlandsโ€™ success is largely accounted for by the creation of part-time jobs for women aged 25-49 in the services sector, but in most EU countries the substitution of part-time jobs for full-time jobs is considerable.

Genre: Business & Economics / Economics / Macroeconomics (fancy, right?)

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