Evaluating the effectiveness of labor market interventions on reducing the impacts of the COVID-19 pandemic
Review of Development Economics, cilt.27, sa.1, ss.352-374, 2023 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 27 Sayı: 1
- Basım Tarihi: 2023
- Doi Numarası: 10.1111/rode.12938
- Dergi Adı: Review of Development Economics
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus, International Bibliography of Social Sciences, ABI/INFORM, Business Source Elite, Business Source Premier, CAB Abstracts, EconLit, Geobase, Political Science Complete, Public Affairs Index, vLex
- Sayfa Sayıları: ss.352-374
- Anahtar Kelimeler: COVID-19, labor market measures, pandemic
- Eskişehir Osmangazi Üniversitesi Adresli: Evet
Özet
© 2022 John Wiley & Sons Ltd.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.