01745cas a2200265 a 4500 AALejournalIMF011721 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463938413 1018-5941 BD-DhAAL BD-DhAAL Bernal-Verdugo, Lorenzo E. Labor Market Flexibility and Unemployment : New Empirical Evidence of Static and Dynamic Effects / Lorenzo E. Bernal-Verdugo, Davide Furceri, Dominique Guillaume. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing regulations and hiring costs are found to have the strongest effect. Mode of access: Internet Furceri, Davide. Guillaume, Dominique. IMF Working Papers; Working Paper ; No. 2012/064 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/064/001.2012.issue-064-en.xml IMF e-Library