Labor Market Policies and Unemployment in Morocco : A Quantitative Analysis
No hay miniatura disponible
Fecha
Título de la revista
ISSN de la revista
Título del volumen
Editor
World Bank, Washington, DC
Resumen
Descripción
The authors study the impact of labor
market policies on unemployment in Morocco. They begin by
reviewing the main features of the labor market. Then they
present a quantitative framework that captures many of these
features-such as a large public sector, high redundancy
payments, powerful trade unions, and international labor
migration. The authors simulate the impact of a cut in the
minimum wage and a reduction in payroll taxation. The
results indicate that these policies may have a significant
impact in the short term on open unskilled unemployment. But
they also show that labor market reforms, to be effective in
the long run, may need to be accompanied by offsetting
changes in the budget to avoid crowding-out effects on
private investment.
Palabras clave
ACCOUNTING, AGRICULTURAL SECTOR, BALANCE OF PAYMENTS, BARRIERS TO ENTRY, BUDGET CONSTRAINTS, CAPACITY BUILDING, CAPITAL MOBILITY, CIVIL SERVICE, COMPARATIVE ADVANTAGE, COMPENSATING WAGE DIFFERENTIALS, DEMOGRAPHIC STRUCTURE, DEPENDENCY RATIO, DEVELOPING COUNTRIES, DISMISSAL, ECONOMETRIC ESTIMATES, ECONOMIC ACTIVITY, ECONOMIC CONDITIONS, ECONOMIC GROWTH, ECONOMIC MANAGEMENT, ELASTICITIES, EMPIRICAL EVIDENCE, EQUILIBRIUM, FOREIGN EXCHANGE, GROWTH RATE, HEALTH CARE, HUMAN CAPITAL, INCOME, INCOME COUNTRIES, INCOME TAXES, INDEXATION, INFLATION, INFORMAL SECTOR, INSURANCE, INTERNATIONAL MIGRATION, LABOR COSTS, LABOR DEMAND, LABOR FORCE, LABOR FORCE GROWTH, LABOR MARKET, LABOR MARKET POLICIES, LABOR MARKET REGULATIONS, LABOR MARKET SEGMENTATION, LABOR MARKETS, LABOR MIGRATION, LABOR MOBILITY, LABOR PRODUCTIVITY, LABOR SUPPLY, LEGAL FRAMEWORK, LEGISLATION, LIVING STANDARD, LIVING STANDARDS, LOCAL GOVERNMENTS, LONG TERM, LONG-TERM UNEMPLOYMENT, MACROECONOMIC FRAMEWORK, MANUFACTURING SECTOR, MINIMUM WAGE, MINIMUM WAGE REGULATION, MINIMUM WAGES, MUNICIPALITIES, NATIONAL LEVEL, OCCUPATIONS, OPEN UNEMPLOYMENT, PENSIONS, POLICY ACTIONS, POLICY RESEARCH, POLITICAL PARTIES, POPULATION GROWTH, POVERTY REDUCTION, PRIVATE GOODS, PRODUCTIVITY, PUBLIC ENTERPRISES, PUBLIC EXPENDITURE, PUBLIC GOODS, PUBLIC INSTITUTIONS, PUBLIC SECTOR, QUANTITATIVE ANALYSIS, REAL TERMS, REAL WAGES, REGULATORY FRAMEWORK, RESOURCE ALLOCATION, RETIREMENT, RURAL ECONOMY, RURAL LABOR, RURAL POPULATION, RURAL WORKERS, SAVINGS, SECTOR EMPLOYMENT, SERVANTS, SHORT TERM, SKILLED WORKERS, SOCIAL SECURITY, SOCIAL STATUS, STRUCTURAL REFORM, STRUCTURAL REFORMS, TAX RATES, TAX REFORM, TAXATION, TRADE UNIONS, TRANSPORT, UNEMPLOYED, UNEMPLOYMENT, UNEMPLOYMENT COMPENSATION, UNEMPLOYMENT RATE, UNSKILLED LABOR, UNSKILLED WORKERS, URBAN AREAS, URBAN ECONOMY, URBAN EMPLOYMENT, URBAN POOR, URBAN POPULATION, URBANIZATION, WAGE DIFFERENTIALS, WAGES LABOR MARKET POLICY, UNEMPLOYMENT RATES, QUANTITATIVE ANALYSIS, REDUNDANCY PAYMENTS, TRADE UNIONS, INTERNATIONAL LABOR ACTIVITIES, LABOR MIGRATIONS, MINIMUM WAGES, PAYROLL TAXES, UNSKILLED WORKERS, LABOR MARKET POLICY, WAGES