scholarly journals Skills and their impact on labor market performance using European cross-country evidence

Author(s):  
GEORGIOS GIOTIS

The impact of skills on labor market performance is a topic which has attracted a growing attention during the last years and has become a major concern among policy makers. In this paper, I discuss on the skill needs in Europe and skill shortages and surpluses as well. Moreover, I examine five important dimensions of skills: information skills, communication skills, problem solving skills, software skills and digital skills. For all of them I have found negative correlation with unemployment rates, findings which suggest that these skills can improve the employment prospects and reduce the skill mismatch in the workplace. Finally, I estimate the effect of three levels of education on unemployment rates across a sample of 28 European countries for the 1999-2016 time period. Both tertiary and elementary education seem to reduce unemployment for European countries, while secondary education is connected with increased unemployment rates.

2012 ◽  
pp. 22-46
Author(s):  
Huong Nguyen Thi Lan ◽  
Toan Pham Ngoc

The purpose of this study is to evaluate the impact of public expenditure cuts on employment and income to support policies for the development of the labor mar- ket. Impact evaluation is of interest for policy makers as well as researchers. This paper presents a method – that is based on a Computable General Equilibrium model – to analyse the impact of the public expenditure cuts policy on employment and income in industries and occupations in Vietnam using macro data, the Input output table, 2006, 2008 and the 2010 Vietnam Household Living Standard Survey.


2019 ◽  
Vol 19 (155) ◽  
Author(s):  
Adriana Kugler

This paper documents recent labor market performance in the Latin American region. The paper shows that unemployment, informality, and inequality have been falling over the past two decades, though still remain high. By contrast, productivity has remained stubbornly low. The paper, then, turns to the potential impacts of various labor market institutions, including employment protection legislation (EPL), minimum wages (MW), payroll taxes, unemployment insurance (UI) and collective bargaining, as well as the impacts of demographic changes on labor market performance. The paper relies on evidence from carefully conducted studies based on micro-data for countries in the region and for other countries with similar income levels to draw conclusions on the impact of labor market institutions and demographic factors on unemployment, informality, inequality and productivity. The decreases in unemployment and informality can be partly explained by the reduced strictness of EPL and payroll taxes, but also by the increased shares of more educated and older workers. By contrast, the fall in inequality starting in 2002 can be explained by a combination of binding MW throughout most of the region and, to a lesser extent, by the introduction of UI systems in some countries and the role of unions in countries with moderate unionization rates. Falling inequality can also be explained by the fall in the returns to skill associated with increased share of more educated and older workers.


2022 ◽  
pp. 241-260
Author(s):  
Gamze Ozturk Danisman

This chapter examines the impact of ESG scores on bank stock returns as a response to the COVID-19 pandemic. The authors use a sample of 73 publicly listed banks from 15 developed European countries. They perform the analysis using two different periods that cover the pandemic: the first major wave period of COVID-19 (February-April 2020) and an extended period (February 2020-April 2021). The findings reveal the negative influence of the COVID-19 pandemic on bank stock returns during the first wave of the pandemic. They further find that, during the first wave, stock returns of banks with higher ESG scores were more resilient to the pandemic. However, when they use the extended time period (from February 2020-April 2021), the influence of both COVID-19 and ESG scores becomes insignificant. The chapter's findings have important policy implications during unprecedented crisis times such as COVID-19.


Author(s):  
Philippe Egoumé-Bossogo ◽  
Jerald Schiff ◽  
Miho Ihara ◽  
Tetsuya Konuki ◽  
Kornélia Krajnyák ◽  
...  

2016 ◽  
Vol 40 (3) ◽  
pp. 405-432 ◽  
Author(s):  
Brian Conway

Using case pattern analysis, this study examines Catholic male workforce trends in the majority Catholic countries of Chile, Ireland, and Poland. Employing denominational data for three categories of church male professionals in the 1950–2010 time period, I document four important trends. First, ordinations to the diocesan priesthood in Ireland went into decline especially after Vatican II, have been relatively stable in Chile with only a moderate increase in the 1990s, and spiked in Poland in the 1980s, 20 years after Vatican II. Second, in all three countries the average defection rate among diocesan seminarians increased in the 2000s compared with the earlier two decades. Third, the religious priest workforce has declined in Chile, has been relatively stable in Ireland until the 2000s, and is growing in Poland. Fourth, from the late 1960s there has been a decline in the workforce of religious brothers in each country, especially in Ireland. The theoretical contribution to the Catholic workforce literature is discussed in terms of a critical events argument emphasizing the impact of Vatican II, prophetic stances, sexual scandals, and papal visits on labor market trends. I conclude with implications for the study of religion and society in general.


2016 ◽  
Vol 54 (7) ◽  
pp. 1788-1812 ◽  
Author(s):  
Mauro Caputo ◽  
Emilia Lamberti ◽  
Antonello Cammarano ◽  
Francesca Michelino

Purpose – The purpose of this paper is to explore the relationships between the openness of firms and their innovation and financial performances. Design/methodology/approach – In order to investigate such relationships, data on inbound and outbound open innovation (OI) processes and performances of 110 worldwide top research and development (R & D) spending bio-pharmaceutical companies are collected via the consolidated annual reports and the PATSTAT database. The time period of the analysis is 2008-2012. Findings – Regarding innovation performances, R & D productivity and revenues to patents ratio decrease with openness, whilst patents growth is not influenced by OI adoption. As to financial performances, sales growth exhibits a positive trend with openness, while operating profit and turnover decrease with OI adoption. Particularly, an inverted U-relationship with inbound and a U-shape one with outbound are observed as of operating profit. Research limitations/implications – The study adds to the knowledge about the effect of openness on firms’ performances, a topic of increasing interest to academics, managers and policy makers. Both inbound and outbound facets of the phenomenon are taken into account. Practical implications – Understanding how openness affects performances enables more informed decision making by managers, leading to a more effective use of OI activities. Originality/value – The work provides new insights as to what “being open” means for a company, gauging both inbound and outbound transactions after a pecuniary perspective. Employing objective and continuous measures, the relevance of OI for the whole business of firms can be identified.


2019 ◽  
Vol 22 (2) ◽  
pp. 76-91
Author(s):  
Abrar Gaffari ◽  
Dwini Handayani

Motivated from the employment report which reveals the still high percentage of NEE in Indonesia, using the IFLS5 data we conduct studies related to the impact of sosio-demographic characteristics and local indicators and labor markets on NEE young age. NEE is a heterogeneous population based on attitudes and time availability from a young age towards work (Salvà-Mut, Tugores-Ques, Quintana-Murci, 2017) so that grouping can capture patterns of vulnerability and young age transition decisions to the labor market which is produce appropriate recommendations. The estimation results indicate that NEE carers-cared have characteristics as young women, low education, married status and come from underprivileged backgrounds and tend to be in rural areas with high local unemployment rates. While NEE unemployed is also characterized by young age, but the dominant of men with unmarried status and education is higher than non-NEE, besides it tends to be in urban areas and is influenced by high local unemployment rates. However, it is different from the previous categories, although NEE discourage is also young, male dominated and education level is low. But this category is not affected by regional indicators and the local labor market, due to their lack of perceptions and attitudes towards work. Termotivasi dari laporan ketenagakerjaan yang mengungkapkan masih tingginya persentase NEE di Indonesia, maka dengan menggunakan data IFLS5 kami melakukan kajian terkait dampak karakteristik-karakteristik individu, pendidikan, latar belakang keluarga dan indikator wilayah dan pasar kerja lokal terhadap usia muda yang NEE. Kami tertarik untuk meneliti NEE sebagai populasi yang heterogen dengan cara mengelompokkannya berdasarkan atas sikap dan ketersediaan waktu dari usia muda terhadap pekerjaan (Salvà-Mut, Tugores-Ques, Quintana-Murci, 2017), agar dapat menangkap pola kerentanan dan keputusan transisi usia muda ke pasar kerja sehingga dapat dihasilkan rekomendasi kebijakan yang tepat. Hasil estimasi menunjukkan bahwa NEE carers-cared mempunyai karakteristik sebagai perempuan yang berusia muda, tingkat pendidikan rendah, berstatus sudah menikah dan berasal dari latar belakang keluarga yang kurang beruntung terkait ekonomi dan cenderung di pedesaan dengan tingkat pengangguran lokal yang tinggi. Sedangkan NEE unemployed juga mempunyai karakteristik berusia muda, tapi dominan berjenis kelamin laki-laki dengan status belum menikah dan tingkat pendidikan lebih tinggi dibandingkan dengan bukan NEE, selain itu kategori ini cenderung di perkotaan dan juga dipengaruhi oleh tingkat pengangguran lokal yang tinggi. Namun berbeda dengan dua kategori sebelumnya, walaupun discourage juga cenderung berusia muda, berjenis kelamin laki-laki dan tingkat pendidikan rendah, tapi usia muda ini tidak terpengaruh oleh indikator wilayah dan pasar kerja lokal. Hal ini dikarenakan kurangnya persepsi dan sikap terhadap pekerjaan. 


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Marina Martinez-Garcia ◽  
Alejandro Rabasa ◽  
Xavier Barber ◽  
Kristina Polotskaya ◽  
Kristof Roomp ◽  
...  

AbstractPopulation confinements have been one of the most widely adopted non-pharmaceutical interventions (NPIs) implemented by governments across the globe to help contain the spread of the SARS-CoV-2 virus. While confinement measures have been proven to be effective to reduce the number of infections, they entail significant economic and social costs. Thus, different policy makers and social groups have exhibited varying levels of acceptance of this type of measures. In this context, understanding the factors that determine the willingness of individuals to be confined during a pandemic is of paramount importance, particularly, to policy and decision-makers. In this paper, we study the factors that influence the unwillingness to be confined during the COVID-19 pandemic by the means of a large-scale, online population survey deployed in Spain. We perform two types of analyses (logistic regression and automatic pattern discovery) and consider socio-demographic, economic and psychological factors, together with the 14-day cumulative incidence per 100,000 inhabitants. Our analysis of 109,515 answers to the survey covers data spanning over a 5-month time period to shed light on the impact of the passage of time. We find evidence of pandemic fatigue as the percentage of those who report an unwillingness to be in confinement increases over time; we identify significant gender differences, with women being generally less likely than men to be able to sustain long-term confinement of at least 6 months; we uncover that the psychological impact was the most important factor to determine the willingness to be in confinement at the beginning of the pandemic, to be replaced by the economic impact as the most important variable towards the end of our period of study. Our results highlight the need to design gender and age specific public policies, to implement psychological and economic support programs and to address the evident pandemic fatigue as the success of potential future confinements will depend on the population’s willingness to comply with them.


2021 ◽  
Author(s):  
Marina Martinez-Garcia ◽  
Alejandro Rabasa ◽  
Xavier Barber ◽  
Kristina Polotskaya ◽  
Kristof Roomp ◽  
...  

Population confinements have been one of the most widely adopted non-pharmaceutical interventions (NPIs) implemented by governments across the globe to help contain the spread of the SARS-CoV-2 virus. While confinement measures have been proven to be effective to reduce the number of infections, they entail significant economic and social costs. Thus, different policy makers and social groups have exhibited varying levels of acceptance of this type of measures. In this context, understanding the factors that determine the willingness of individuals to be confined during a pandemic is of paramount importance, particularly, to policy and decision-makers. In this paper, we study the factors that influence the unwillingness to be confined during the COVID-19 pandemic by means of a large-scale, online population survey deployed in Spain. We apply both quantitative (logistic regression) and qualitative (automatic pattern discovery) methods and consider socio-demographic, economic and psychological factors, together with the 14-day cumulative incidence per 100,000 inhabitants. Our analysis of 109,515 answers to the survey covers data spanning over a 5-month time period to shed light on the impact of the passage of time. We find evidence of pandemic fatigue as the percentage of those who report an unwillingness to be in confinement increases over time; we identify significant gender differences, with women being generally less likely than men to be able to sustain long-term confinement of at least 6 months; we uncover that the psychological impact was the most important factor to determine the willingness to be in confinement at the beginning of the pandemic, to be replaced by the economic impact as the most important variable towards the end of our period of study. Our results highlight the need to design gender and age specific public policies, to implement psychological and economic support programs and to address the evident pandemic fatigue as the success of potential future confinements will depend on the population's willingness to comply with them.


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