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Davide Furceri, Ernesto Crivelli, and Mr. Joël Toujas-Bernate

estimated elasticities (across regions, sectors, and income groups), and presents the results on the cross-country determinants of employment elasticities. Section IV concludes. II. Empirical Strategy and Data A. Empirical Strategy 8. Long-term employment–GDP elasticities are estimated over an unbalanced panel of 167 1 countries from 1991 to 2009 using two alternative approaches. The first approach consists of estimating elasticities using time-series regressions. In particular, for each country i , the following equation is estimated

International Monetary Fund. Middle East and Central Asia Dept.
This selected issues paper on Sudan was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 7, 2012. The views expressed in this document are those of the staff team and do not necessarily reflect the views of the government of Sudan or the Executive Board of the IMF.
Davide Furceri, Ernesto Crivelli, and Mr. Joël Toujas-Bernate
The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural policies aimed at increasing labor and product market flexibility and reducing government size have a significant and positive impact on employment elasticities. In addition, the results also suggest that in order to maximize the positive impact on the responsiveness of employment to economic activity, structural policies have to be complemented with macroeconomic policies aimed at increasing macroeconomic stability.
Davide Furceri, Ernesto Crivelli, and Mr. Joël Toujas-Bernate
Davide Furceri

Front Matter Page Middle East and Central Asia Department Unemployment and Labor Market Developments in Algeria Contents I. Introduction II. Stylized Facts III. Employment-GDP Elasticities IV. Labor Market Flexibility and Unemployment V. Medium-term Scenario VI. Conclusions and Policy Implications Reference Tables 1. Unemployment Statistics, 2010 2. Labor Force Statistics, 2010 3. Employment Statistics, 2010 4. Employment-GDP Elasticities 5. Unemployment and Labor Market Flexibility-Static Regression (OLS) 6

International Monetary Fund

Furceri, and Ernesto Crivelli (all MCD) Approved by the Middle East and Central Asia Department December 27, 2011 Contents I. Unemployment and Labor Market Issues in Algeria A. Introduction B. Stylized Facts C. Employment-GDP Elasticities D. Labor Market Flexibility and Unemployment E. Medium-Term Scenario F. Conclusions and Policy Implications References Tables 1. Unemployment Statistics, 2010 2. Labor Force Statistics, 2010 3. Employment Statistics, 2010 4. Employment-GDP Elasticities 5. Unemployment and Labor Market

Davide Furceri
The aim of this paper is to analyze unemployment and labor market developments in Algeria and assess the factors that may hamper employment creation. The results of the paper suggest that the relative low output-employment elasticities and rigid labor market are the main factors behind the still high level of unemployment, particularly among the youth. Simulation analyses, based on the results on the relation between labor market institutions and unemployment, show that improvement in labor market conditions in Algeria would be key in reducing unemployment both in the short- and medium-term.
International Monetary Fund. Middle East and Central Asia Dept.

ILO (2011) projections of the economically active population based on demographic projections 2 and alternative measures of employment-GDP elasticities. 3 The main advantage of using this methodology is that it takes into consideration demographic trends that affect the medium-term evolution of the economically active population. However, this approach ignores the impact of changes in economic activity on workers’ decisions to enter or exit the labor force. 4 10 . The results of the analyses suggest that in the absence of reforms aimed at improving the

Davide Furceri

in Algeria and assesses the factors that may hamper employment creation. In doing so, it estimates employment-GDP elasticities for Algeria’s main sectors and different age groups and it assesses the effect of improvements in Algeria’ labor market flexibility on unemployment outcomes. 3. The results of the paper suggest that the relative low elasticities are the main factors behind the still high level of youth unemployment. The analysis of the paper also suggests that one important factor behind the low responsiveness of employment and unemployment to GDP growth

International Monetary Fund
This paper analyzes Algeria’s unemployment and labor market developments and assesses the factors that may hamper employment creation. It estimates employment-to-GDP elasticity for Algeria’s main sectors and different age groups, and assesses the effect of improvements in Algeria’s labor market flexibility on unemployment outcomes. The results on the relation between labor market institutions and unemployment show that improvement in labor market conditions in Algeria could have a significant effect in reducing unemployment both in the short and medium term.