A Template For Analyzing And Projecting Labor Market Indicators
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| Author | : Mr.Ralph Chami |
| Publisher | : International Monetary Fund |
| Total Pages | : 18 |
| Release | : 2012-10-05 |
| Genre | : Business & Economics |
| ISBN | : 1475511930 |
This note is a reference guide for the unemployment template, an econometric tool that allows researchers to analyze and project labor market indicators for any country with sufficient data coverage. Section I explains the motivation behind designing a new surveillance tool to study labor markets, and summarizes the key features of the template. Section II details the data inputs needed and their sources. Section III describes the methods used to estimate the employment-growth elasticity, a measure of the extent to which employment responds to output. Section IV outlines the medium-term outlook table and projection charts created by the template once the inputs are customized to generate an appropriate elasticity. Finally, Section V presents a discussion on how to interpret the results produced by the template, and of the issues that arise from projecting labor market indicators.
| Author | : Ralph Chami |
| Publisher | : |
| Total Pages | : 18 |
| Release | : 2017 |
| Genre | : |
| ISBN | : |
This note is a reference guide for the unemployment template, an econometric tool that allows researchers to analyze and project labor market indicators for any country with sufficient data coverage. Section I explains the motivation behind designing a new surveillance tool to study labor markets, and summarizes the key features of the template. Section II details the data inputs needed and their sources. Section III describes the methods used to estimate the employment-growth elasticity, a measure of the extent to which employment responds to output. Section IV outlines the medium-term outlook table and projection charts created by the template once the inputs are customized to generate an appropriate elasticity. Finally, Section V presents a discussion on how to interpret the results produced by the template, and of the issues that arise from projecting labor market indicators.
| Author | : Ina Pietschmann |
| Publisher | : World Bank Publications |
| Total Pages | : 206 |
| Release | : 2016-10-13 |
| Genre | : Business & Economics |
| ISBN | : 146480785X |
Key Labor Market Indicators: Analysis with Household Survey Data is an introduction to labor market indicator analysis and a guide for analyzing household survey data using the ADePT ILO (International Labour Organization) Labor Market Indicators Module. The analytical framework and approach taken up in this book are based on the ILO’s Key Indicators of the Labour Market (KILM). KILM indicators provide a strong basis on which to address key questions related to productive employment and decent work. The ADePT ILO Labor Market Indicators Module is a powerful tool for producing and analyzing KILM indicators using household survey data. The software allows researchers and practitioners to automate data production, to minimize data production errors, and to quickly produce a wide range of labor market data from labor force surveys or other household surveys that contain labor market information. ABOUT ADePT Streamlined Analysis with ADePT Software is a series that provides academics, students, and policy practitioners with a theoretical foundation, practical guidelines, and software tools for applied analysis in various areas of economic research. ADePT Platform is a software package developed in the research department of the World Bank (see www.worldbank.org/adept). The series examines such topics as sector performance and inequality in education, the effectiveness of social transfers, labor market conditions, the effects of macroeconomic shocks on income distribution and labor market outcomes, child anthropometrics, and gender inequalities.
| Author | : International Monetary Fund. African Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 47 |
| Release | : 2014-12-11 |
| Genre | : Business & Economics |
| ISBN | : 1484313623 |
This Selected Issues paper estimates the potential growth rate for South Africa using different methodologies. In line with existing studies and findings for other emerging markets, the paper finds that South Africa’s potential growth rate has declined in the post global financial crisis period. Though there is substantial uncertainty, South Africa’s potential growth is estimated to have fallen from an average of 3.5 to 4 percent during 2000–08 to 2.25 to 2.50 percent in 2010–14, implying that the output gap in 2014 would be between –0.5 and –1.3 percent of GDP.
| Author | : International Monetary Fund. Middle East and Central Asia Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 49 |
| Release | : 2014-07-31 |
| Genre | : Business & Economics |
| ISBN | : 1498370535 |
This Selected Issues paper analyzes the various transmission channels of the Syrian crisis—though quantification is hampered by the lack of reliable data—with focus on the impact on fiscal performance and labor markets; it also takes stock of international donor efforts to date. The paper also provides overviews of main effects on Lebanon’s economy, the expenditure pressures associated with the refugee presence, the impact on poverty and inequality, and the added strains on labor markets. A section of the paper describes the response by the international community to help Lebanon cope with the Syrian crisis. Absent additional international support, the needs of both refugees and affected Lebanese communities will not be met. Sound government policies—including implementation of a concerted policy framework to deal with refugee issues and a commitment to fiscal discipline—will send credible signals to donors and help mobilize budget support. Tackling the unprecedented refugee crisis requires strong international support. There has been a large international humanitarian response, but much more is needed.
| Author | : International Monetary Fund. Middle East and Central Asia Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 131 |
| Release | : 2012-11-09 |
| Genre | : Business & Economics |
| ISBN | : 1475578377 |
The outlook for the Middle East and North Africa region is mixed. Oil-importing countries are witnessing tepid growth, and the moderate recovery expected in 2013 is subject to heightened downside risks. For the Arab countries in transition, ongoing political transitions also weigh on growth. With policy buffers largely eroded, the need for action on macroeconomic stabilization and growth-oriented reforms is becoming increasingly urgent. Countries will need to put in place safety nets to protect the poor and build consensus for some difficult fiscal choices. The region’s oil exporters are expected to post solid growth in 2012, in part due to Libya’s better-than-expected postwar recovery. In the countries of the Gulf Cooperation Council, robust growth is supported by expansionary fiscal policies and accommodative monetary conditions. In the Caucasus and Central Asia, the outlook remains favorable, reflecting high oil prices that are benefiting oil and gas exporters, supportive commodity prices and remittance inflows benefiting oil and gas importers, and, for both groups, moderate direct exposure to Europe. The positive outlook provides an opportunity to strengthen policy buffers to prepare for any downside risks.
| Author | : International Monetary Fund. Middle East and Central Asia Dept. |
| Publisher | : International Monetary Fund |
| Total Pages | : 77 |
| Release | : 2012-11-05 |
| Genre | : Business & Economics |
| ISBN | : 1475521928 |
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of Sudan or the Executive Board of the IMF.
| Author | : Rizwanul Islam |
| Publisher | : Routledge |
| Total Pages | : 287 |
| Release | : 2015-02-11 |
| Genre | : Business & Economics |
| ISBN | : 1135971587 |
Issues relating to employment and labour have once again come to the fore of global policy debates in the wake of the widespread unemployment that has accompanied the current financial crisis. In the developing world, there is a growing realization that productive employment promotion and social protection have to be at the core of inclusive growth and development. This book supports the view that employment is a cross-cutting issue shaped by macroeconomic and microeconomic policy interventions, and provides a capacious framework to analyse the complexity of this global debate. It covers a wide range of issues that have received insufficient attention in the discourse of development and labour economics. These include the impact of macroeconomic policies on employment, labour rights, the development of human capabilities and employability, youth employment, the benefits and costs of labour market flexibility, and the importance of social protection for all. This important book aims at filling this gap by revisiting old debates and reconnecting them to the contemporary context, combining analyses with relevant empirical evidence. It will appeal to a diverse readership of academic institutions and think-tanks, international organizations, bilateral donors working on development issues and policy-makers in developing countries.
| Author | : Ina Pietschmann |
| Publisher | : |
| Total Pages | : 221 |
| Release | : 2016 |
| Genre | : Labor market |
| ISBN | : 9789221303558 |
This publication is based on the ILO's Key Indicators of the Labour Market (KILM). KILM indicators provide a strong basis for addressing key questions related to productive employment and decent work. The ADePT module is a powerful tool for producing and analysing KILM indicators using household survey data. The software allows researchers and practitioners to automate data production, to minimize data production errors and to quickly produce a wide range of labour market data from labour force surveys or other household surveys that contain labour market information. Co-published with World B.
| Author | : Mr.Ippei Shibata |
| Publisher | : International Monetary Fund |
| Total Pages | : 40 |
| Release | : 2019-02-26 |
| Genre | : Business & Economics |
| ISBN | : 1498301584 |
Labor market indicators are critical for policymakers, but measurement error in labor force survey data is known to be substantial. In this paper, I quantify the implications of classification errors in the U.S. Current Population Survey (CPS), in which respondents misreport their true labor force status. Once I correct for measurement error using a latent variable approach, the unemployment rate is on average 0.8 percentage points (ppts) higher than the official unemployment rate, with a maximum of 2.0 ppts higher between 1996 and 2018. This paper further quantifies the contributions to business-cycle fluctuations in the unemployment rate from job separation, job finding, and participation. Correcting for misclassification changes previous studies' results about the contributions of these transition probabilities: job separation accounts for more of the unemployment fluctuations, while participation accounts for fewer. The methodology I propose can be applied to any other labor force survey in which labor force status is observed for three periods.
