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10-Jul-2009
Indonesia is a very interesting case for empirically testing the impact of minimum-wage legislation on employment and informality. The country went through a process of fiscal decentralisation in 2001 that, among other things, devolved minimum-wage setting responsibilities to the provinces and local governments.
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09-Jul-2009
The empirical estimates show that intergenerational wage persistence is relatively high in southern European countries, as well as in the United Kingdom. Likewise, intergenerational persistence in education is relatively high both in southern European countries and in Luxembourg and Ireland. By contrast, both persistence in wages and education tends to be lower in Nordic countries.
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20-Apr-2009
In recent years, the Estonian labour market was characterized by rising employment, declining unemployment, and skill and labour shortages that contributed to large wage increases. Labour productivity grew rapidly, but the level remains low. While the aggregate labour market outcomes improved, differences persisted among ethnic groups, regions, and workers with different skill levels. As Estonia entered recession in 2008, unemployment increased from 4% in the 2nd quarter to 7.6% in the 4th quarter, and is expected to rise further in 2009 and 2010.
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03-Dec-2008
In recent years, Sweden has implemented ambitious tax cuts to boost growth. Further reforms focused at the top marginal tax bracket could improve average working hours, entrepreneurship, human capital formation and retention or attraction of highly-skilled staff from abroad.
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03-Dec-2008
The Swedish labour market functions well for core workers, but the inclusion of youth could be improved. The OECD Economic Survey takes an economy-wide perspective and advocates both education and labour market policy measures. In particular, vocational programmes would make youth more job-ready.
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