Unemployment and the Earnings Structure in Latvia

Unemployment and the Earnings Structure in Latvia

Author: Mihails Hazans

Publisher: World Bank Publications

Published: 2005

Total Pages: 90

ISBN-13:

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"Latvia has recorded sustained GDP and productivity growth since 1997. Yet unemployment rates, despite gradual decrease, have remained high. Hazans explores the mysteries of unemployment in Latvia. He analyzes labor flows between employment, unemployment, and nonparticipation and finds the following results: * The type of education and the region of residence appear to be the most important determinants of success in finding jobs by the unemployed. * The unemployed from ethnic minorities have lower chances to find a job within a year, other things equal, while the difference between genders is not significant. However, neither ethnicity nor gender seems to matter as far as the transition from employment to unemployment is concerned. * Regional disparities in job destruction seem to be less sizable than disparities in job creation. * The analysis of job search methods by the unemployed indicates that two target groups of state employment policy (young unemployed and long-term unemployed) appear to make relatively little use of the public employment service. The author also looks at the impact of education, age, gender, ethnicity, and regional factors on individual earnings. The relative position of youth and women in Latvian labor market, compared with prime?age men, is less unfavorable than in many other countries. Yet the gender wage gap has increased recently, and the same is true for regional disparities. Beneficiaries of the so-called "new" education system have a relatively high market value, especially with graduates from universities and general secondary schools. Finally, returns to experience seem to be nonexistent for many adult workers without higher education. This paper--a product of the Poverty Reduction and Economic Management Division, Europe and Central Asia Region--is part of a larger effort in the region to understand labor market dynamics"--Abstract.


Unemployment and the Earnings Structure in Latvia

Unemployment and the Earnings Structure in Latvia

Author: Mihails Hazans

Publisher:

Published: 2012

Total Pages:

ISBN-13:

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Latvia has recorded sustained GDP and productivity growth since 1997. Yet unemployment rates, despite gradual decrease, have remained high. The paper explores the mysteries of unemployment in Latvia. It analyzes labor flows between employment, unemployment, and nonparticipation and finds the following results: The type of education and the region of residence appear to be the most important determinants of success in finding jobs by the unemployed. The unemployed from ethnic minorities have lower chances to find a job within a year, other things equal, while the difference between genders is not significant. However, neither ethnicity nor gender seems to matter as far as the transition from employment to unemployment is concerned. Regional disparities in job destruction seem to be less sizable than disparities in job creation. The analysis of job search methods by the unemployed indicates that two target groups of state employment policy (young unemployed and long-term unemployed) appear to make relatively little use of the public employment service. The author also looks at the impact of education, age, gender, ethnicity, and regional factors on individual earnings. The relative position of youth and women in Latvian labor market, compared with prime age men, is less unfavorable than in many other countries. Yet the gender wage gap has increased recently, and the same is true for regional disparities. Beneficiaries of the so-called new education system have a relatively high market value, especially with graduates from universities and general secondary schools. Finally, returns to experience seem to be nonexistent for many adult workers without higher education.


Working and Employment Conditions in New EU Member States

Working and Employment Conditions in New EU Member States

Author: Daniel Vaughan-Whitehead

Publisher: International Labour Organization

Published: 2005

Total Pages: 396

ISBN-13: 9789221171393

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This study presents information on trends in working and employment conditions in the 10 new EU member states within a year of their accession. By comparing them with the other EU member states it provides insights into general trends that we may expect - between convergence and diversity - in an enlarged EU. The volume, produced by a working group of leading experts in this field, provides information on practices at enterprise level through a series of case studies in new member states; and identifies how the different elements of the world of work, employment contracts, working time, wages, social dialogue and workers' participation, reconciliation of work and family, are combined.


OECD Reviews of Labour Market and Social Policies: Latvia 2016

OECD Reviews of Labour Market and Social Policies: Latvia 2016

Author: OECD

Publisher: OECD Publishing

Published: 2016-03-31

Total Pages: 238

ISBN-13: 9264250506

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Latvia has undergone major economic and social change since the early 1990s. Despite an exceptionally deep recession following the global financial crisis, impressive economic growth over the past two decades has narrowed income and productivity gaps relative to comparator countries in the OECD.


Structural Unemployment in Luxembourg: Bad Luck or Rational Choice?

Structural Unemployment in Luxembourg: Bad Luck or Rational Choice?

Author: William Gbohoui

Publisher: International Monetary Fund

Published: 2019-11-08

Total Pages: 42

ISBN-13: 1513519999

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This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in Luxembourg. The young, low-skilled, and non-EU migrants are found to be the most vulnerable groups in the labor market. In addition to skills mismatches, work disincentives embedded in the tax-benefit system constitute a factor explaining structural unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for second earners (respectively the generosity of the pension system) contribute to lower labor market participation of women (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor market and improved targeting of benefits to make work more rewarding.


The Economic Crisis in Social and Institutional Context

The Economic Crisis in Social and Institutional Context

Author: Sebastiano Fadda

Publisher: Routledge

Published: 2015-02-20

Total Pages: 245

ISBN-13: 1317617428

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This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades. The first part of the book provides a theoretical analysis of the crisis. The roots of the ‘great recession’ are divided into fundamentals with origins in financial liberalisation, financial innovation and income distribution, and complementary or contributory factors such as the international imbalances, the monetary policy,and the role of credit rating agencies. Part II suggests various paths to recovery while emphasising that it will be necessary to develop alternative strategies for sustainable economic recovery and growth. These strategies will require genuine political support and a new 'great European vision' to address major issues concerning the EU such as unemployment, structural regional differences and federalism. Drawing on various schools of thought, this book explains the complexities of the crisis through a wider evolutionary-institutional and heterodox framework.


Labor Migration, EU Enlargement, and the Great Recession

Labor Migration, EU Enlargement, and the Great Recession

Author: Martin Kahanec

Publisher: Springer

Published: 2016-05-11

Total Pages: 476

ISBN-13: 3662453207

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This volume extends and deepens our knowledge about cross-border mobility and its role in an enlarged EU. More specifically, its main purpose is to enlighten the growing and yet rather uninformed debate about the role of post-enlargement migration for economic adjustment in the crisis-stricken labor markets of the Eurozone and the EU as a whole. The book addresses the political economy aspects of post-enlargement migration, including its broader political contexts, redistributive impacts, but also nationalization of the enlargement agenda. It also covers the experience of receiving and sending countries with post-enlargement migration and its role during the current crisis. Renowned experts in the field study, whether and how post-enlargement mobility has enabled the EU to absorb asymmetric economic shocks, how it has affected the European welfare systems, and whether it has contributed to the sustainability of the Eurozone. The authors also evaluate brain circulation as a sought-after vehicle of improved allocative efficiency of EU labor markets and propose a policy agenda for mobility in an enlarged EU.