Tuesday, 17 April 2018

When to do Labour market reforms

There is a great article in what I call vox wonk on labour market reform.

Andrea Bassanni and Federico Cingani on the-short-term-employment-consequences-of-structural-reforms 

If I can make a short summary of the paper the any negative employment consequences are negligible when the economy is an an upswing.
Discernible readers will realise straight away this confirms previous OECD and IMF research on these subjects on which I talked about previously. ( some 6 years ago in fact).

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