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Active Labor Market Programs: Employment Gain or Fiscal Drain?
active labor market programs short work subsidies training workfare activation sanctions job search assistance intermediation counseling cost-effectiveness
2012/10/22
This paper provides a new perspective by classifying active labor market programs (ALMPs) depending on their main objectives and their relevance and cost-effectiveness during normal times, during a cr...
Post-recession productivity gain helps curb labor cost growth
Hourly compensation growth curb labor cost growth
2009/5/31
Hourly compensation growth was modest, with the advance in output per hour in line with other postwar recoveries; spanning 2 years, the productivity rise was the longest sustained increase since 1971-...