Elgin, C., Williams, C. orcid.org/0000-0002-3610-1933 and Öz Yalaman, G. (2023) Evaluating the effectiveness of labor market interventions on reducing the impacts of the COVID-19 pandemic. Review of Development Economics, 27 (1). pp. 352-374. ISSN 1363-6669
Abstract
This paper evaluates whether different labor market policy interventions taken in response to the COVID-19 pandemic have been effective in reducing its adverse impacts. We construct a database covering 165 countries and 39 labor market interventions grouped into four pillars: stimulating the economy and jobs (pillar 1); supporting enterprises, employment, and incomes (pillar 2); protecting workers (pillar 3); and social dialogue (pillar 4). The results revealed that measures taken under pillars 1, 2, and 3 have reduced the impacts of the pandemic on economic growth; measures under pillar 4 were significantly associated with reducing its impacts on employment and those under pillar 2 with reducing its impacts on working hours.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2022 John Wiley & Sons Ltd. This is an author-produced version of a paper subsequently published in Review of Development Economics. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | COVID-19; labor market measures; pandemic |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 04 Oct 2022 12:45 |
Last Modified: | 28 Sep 2024 00:13 |
Status: | Published |
Publisher: | Wiley |
Refereed: | Yes |
Identification Number: | 10.1111/rode.12938 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:191577 |