 A Sectoral Supply-Side Model to Assess the Impact of Labour Market Reforms in MaltaInternational Journal of Economics and Finance, 2017, vol. 9, issue 4, 105-118 Abstract: The Maltese economy recovered strongly after the financial crisis of 2009 and its labour market kept the pace with the rapid evolution of the economy since EU membership. This labour market resilience has to be seen in the context of important labour market reforms undertaken in recent years that have played an important role in raising the Maltese economy¡¯s potential growth rate. This paper presents a novel modelling approach to characterize the supply side of the Maltese economy. The model consists of a matrix transformation method using data on demography, education, labour market statistics from survey and administrative sources and gross value added from the National Accounts. This framework is used to quantitatively assess the economic impact of specific labour market policies, such as those pertaining to education and re-training, active labour market policies and inflows or outflows of workers from the labour market. Keywords: supply-side; labour market; reforms; Malta (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ibn:ijefaa:v:9:y:2017:i:4:p:105-118 Access Statistics for this article More articles in International Journal of Economics and Finance from Canadian Center of Science and Education Contact information at EDIRC. |
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