欧元区劳动力市场改革的宏观经济影响：来自叙事性面板 VAR 的证据

IF 2.8 2区经济学 Q1 ECONOMICS

European Economic Review Pub Date : 2024-08-02 DOI:10.1016/j.euroecorev.2024.104820

Gerhard Rünstler

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引用次数: 0

摘要

本文利用季度叙述证据，通过贝叶斯叙述式面板 VAR，研究了欧元区失业福利（UB）和就业保护立法（EPL）改革对宏观经济的影响。这种方法是对微观计量经济学方法的补充，它在一个统一的框架内评估了总体效应并调整了短期和中期效应。我发现，统一预算编制和常规合同 EPL 的自由化改革导致了暂时性的工资下降以及经济活动和就业的持续增长。

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The macroeconomic impact of euro area labor market reforms: evidence from a narrative panel VAR

Using quarterly narrative evidence, the paper examines the macro-economic impact of reforms of unemployment benefits (UB) and employment protection legislation (EPL) in the euro area from a Bayesian narrative panel VAR. The approach complements micro-econometric approaches by assessing aggregate effects and aligning short- and medium-term effects in a unified framework. I find that liberalizing reforms of UB and regular contract EPL resulted in temporary wage declines and persistent increases in economic activity and employment.

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来源期刊

European Economic Review ECONOMICS-

CiteScore

4.70

自引率

3.60%

发文量

170

期刊介绍： The European Economic Review (EER) started publishing in 1969 as the first research journal specifically aiming to contribute to the development and application of economics as a science in Europe. As a broad-based professional and international journal, the EER welcomes submissions of applied and theoretical research papers in all fields of economics. The aim of the EER is to contribute to the development of the science of economics and its applications, as well as to improve communication between academic researchers, teachers and policy makers across the European continent and beyond.