Assessment of Labour Market Elasticity in Latvia

Anna Zasova () and Aleksejs Meļihovs

No 2005/03, Working Papers from Latvijas Banka

Abstract: Latvia's accession to the EU and its resolute policy oriented toward a full-fledged participation in the EMU, have highlighted the need for a profound investigation into the country's labour market. A flexible labour market is a key policy instrument for a country in the single currency area to ensure an escape from the adverse effects of asymmetric shocks. Labour market flexibility will determine how efficiently the economy of Latvia will develop in the period following its accession to the EU. The paper deals with flexibility of Latvia's labour market using the dynamics of market indicators and assessing its institutional framework.

Keywords: labour market flexibility; flexibility of wages; institutional framework (search for similar items in EconPapers)
JEL-codes: C22 E24 J20 J50 R23 (search for similar items in EconPapers)
Date: 2005-11-25
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.bank.lv/public_files/images/img_lb/izde ... as/Labour_market.pdf (application/pdf)
http://www.macroeconomics.lv/sites/default/files/labour_market.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ltv:wpaper:200503

Access Statistics for this paper

More papers in Working Papers from Latvijas Banka
Contact information at EDIRC.
Series data maintained by Ivars Tillers ().