European Business Schools Librarian's Group
Working Papers,
Copenhagen Business School, Department of Economics
No 03-1999: ON THE EFFECTS OF REDUCING THE GOVERNMENT`S ROLE IN THE LABOUR MARKET: A STYLIZED MODEL FOR EGYPT WITH SOME NUMERICAL POLICY EXAMPLES
Ole Risager and Chang-Po Yang
Additional contact information
Ole Risager: Department of Economics, Copenhagen Business School, Postal: Department of Economics, Copenhagen Business School, Solbjerg Plads 3 C, 5. sal, DK-2000 Frederiksberg, Denmark
Chang-Po Yang: The World Bank, Postal: The World Bank, World Trade Center, 1191 Corniche El Nil, 15th floor, Cairo 11221
Abstract: This paper analyzes the consequences of pursuing a less activist Government
employment stabilization policy strategy in Egypt. On the basis of a fairly stylized model we
find that a reduction of the Government’s involvement in the economy along with an
introduction of mild but binding firing regulations in the private sector may lead to a rise in total
employment and to an improvement in Egypt’s trade balance vis-à-vis the rest of the world.
Keywords: Uncertain environment; Job security; Countercyclical government intervention with lifetime employment guarantees; Wages; Employment; Labour market; Egypt
JEL-codes: J40
20 pages, February 1, 1999
Full text files
7659
- Copenhagen Business School, Department of Economics
- Ordering Working Papers
- Home page for this series
Questions (including download problems) about the papers in this series should be directed to Lars Nondal ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:hhs:cbsnow:1999_003This page generated on 2024-11-13 04:36:03.