TY - BOOK AU - Bernal-Verdugo,Lorenzo E. AU - Furceri,Davide AU - Guillaume,Dominique M. TI - Labor Market Flexibility and Unemployment: New Empirical Evidence of Static and Dynamic Effects T2 - IMF Working Papers; Working Paper SN - 1463938411 : SN - 1018-5941 PY - 2012/// CY - Washington, D.C. PB - International Monetary Fund KW - Analysis of Collective Decision-Making KW - imf KW - Employment and Investment: Other KW - Flexibility KW - Labor Market Flexibility KW - Labor Market Institutions KW - Labor Market KW - Bulgaria KW - Georgia KW - Iran, Islamic Republic of KW - Mexico KW - Romania N2 - 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 UR - http://elibrary.imf.org/view/IMF001/12665-9781463938413/12665-9781463938413/12665-9781463938413.xml UR - http://www.imfbookstore.org/IMFORG/9781463938413 ER -