Labor market institutions and their influence on labor market performance

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F13%3A%230002168" target="_blank" >RIV/47813059:19520/13:#0002168 - isvavai.cz</a>

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

Labor market institutions and their influence on labor market performance

Original language description

The presented paper deals with labor market performance in the European Union. We used a set of institutional aspects such as employment protection legislation, structure of wage bargaining, taxation of labor and unemployment benefits that determine labor market performance. Firstly, we present a review of literature dealing with labor market institutions and their influence on the labor market performance. Afterwards, we perform an econometric analysis aimed at estimating the impact of various institutional aspects on the employment rate, the unemployment rate and the long-term unemployment. Our econometric analysis suggests that two institutional factors significantly influence unemployment and long-term unemployment: total tax wedge on labor and active labor market policies. While higher tax burden significantly increases the unemployment rate, active labor market policies work in the opposite direction and may offset the negative effect of high taxation of labor.

Czech name

—

Czech description

—

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

—

Project

<a href="/en/project/GP402%2F09%2FP142" target="_blank" >GP402/09/P142: Institutional labour market framework in the context of economic convergence and adopting single currency (application on Visegrád group)</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2013

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Actual problems of economics

ISSN

1993-6788

e-ISSN

—

Volume of the periodical

143

Issue of the periodical within the volume

7

Country of publishing house

UA - UKRAINE

Number of pages

10

Pages from-to

483-492

UT code for WoS article

—

EID of the result in the Scopus database

—