Handbook on Labour Markets in Transition

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Handbook on Labour Markets in Transition

Promoting Resilience in a World in Flux

9781839106941 Edward Elgar Publishing
Edited by Stéphane Carcillo, Head of the Jobs and Income Division, Directorate for Employment, Labour and Social Affairs, Organisation for Economic Cooperation and Development (OECD), Associated Professor of Economics and Researcher,Sciences Po, Paris, France and Research Fellow, Institute of Labor Economics (IZA), Germany and Stefano Scarpetta, Director for Employment, Labour and Social Affairs, Organisation for Economic Cooperation and Development (OECD), France, Research Fellow, Institute of Labor Economics (IZA), Germany and Full Professor, Mercatorum University, Italy
Publication Date: December 2024 ISBN: 978 1 83910 694 1 Extent: 526 pp
This Handbook provides an insightful analysis of how long-term transformations are impacting labour markets globally. It argues for a proactive approach to market regulation that promotes mobility by anticipating labour market needs and disruptions before they become crises.

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This Handbook provides an insightful analysis of how long-term transformations are impacting labour markets globally. It argues for a proactive approach to market regulation that promotes mobility by anticipating labour market needs and disruptions before they become crises.

Esteemed contributing authors examine the profound impacts of digital, demographic and green transitions within global markets, emphasising the need to address structural inequalities caused by phenomena such as the gender pay gap and the falling labour supply. The Handbook comprises both original empirical analysis and a systematic review of literature, painting a well-rounded picture of historical, current and future labour landscapes. Ultimately, this timely Handbook stresses how crucial it is for educational systems and labour market policies to adapt more dynamically to the rapid pace of change.

Scholars of economics, specifically labour and international economics, will find the insights within this Handbook to be vital for the future of the field. It will also prove valuable for policy makers and administrators responsible for designing and implementing labour and education policies.
Critical Acclaim
‘This comprehensive and innovative volume is an essential resource for understanding the unprecedented transformations reshaping our economies and labor markets. The authors meticulously explore the intricate interplay of technological advancements, demographic shifts, and environmental imperatives, offering a detailed analysis of large trends in the labor market as well as insightful policy responses and firm behavior. Their forward-looking approach emphasizes preventive policies and lifelong learning, providing a strategic framework that is both timely and crucial for navigating the future of work. By addressing the multifaceted factors influencing labor dynamics and skill needs, this handbook equips policy makers, researchers, and practitioners with the tools necessary to foster resilience and equity in an ever-evolving economic landscape.’
– Rafael Lalive, University of Lausanne, Switzerland

‘In a world of accelerating labor market transitions, fixing what gets broken after it has happened is no basis for policy. We must anticipate change, support adaptation, and build resilience. Staggering in its scope and ambition, this Handbook offers evidence and tools to policy makers striving to envision and shape the future of work.’
– David Autor, Massachusetts Institute of Technology, US

‘This is a wide-ranging Handbook addressing an impressive array of topics on the transitions modern economies are undergoing. A partial list of topics includes automation, slowing productivity growth, new forms of work, the green economy, spatial polarization, aging, telework, and the growth of temporary jobs. Leading scholars present new findings as well as synthesis of existing research, along with recommendations for policy makers. Integrating this work into one volume provides a valuable resource for researchers looking to study these transitions, and policy makers thinking about how to adapt our policies and institutions to these transitions.’
– David Neumark, University of California, Irvine, US
Contents
Contents
Introduction to the Handbook on Labour Markets in Transition: Promoting
Resilience in a World in Flux 1
Stéphane Carcillo and Stefano Scarpetta
PART I THE MEGATRENDS AND THE LABOUR MARKET
1 Automation, techies, and labor market restructuring 15
Ariell Reshef and Farid Toubal
2 Job automation: complementarities and capabilities 36
Glenda Quintini
3 The productivity slowdown and the labour income share 55
Patrice Ollivaud and Cyrille Schwellnus
4 New technologies and evolving market structures 73
Monica Langella and Valeria Zurla
5 New forms of work 93
Andrea Bassanini, Stijn Broecke and Linn Anita Rustad
6 The green transition: understanding and managing impacts for workers 119
Capucine Riom and Anna Valero
7 Spatial polarisation of labour markets: a comparative approach 139
Elisabetta Pietrostefani, Giada Garofani and Georgios Melios
8 Navigating behavioral biases in job search: overview and digital solutions 163
Michele Belot, Philipp Kircher and Paul Muller
9 Aging and growth: can automation outpace falling labor supply,
reduced dynamism, and fewer innovations? 176
Andrew Glover and José Mustre-del-Río
10 Consumer preferences and changes in the labour market 187
William Addessi and Federico Sallusti
PART II THE IMPACT ON THE LABOUR MARKET POLICIES AND
INSTITUTIONS
11 Employment protection legislation and job reallocation across sectors,
firms, and workers 212
Pierre Cahuc and Marco G. Palladino
12 The widespread presence and effects of temporary jobs 224
Franck Malherbet and Pedro S. Martins
13 Unemployment insurance and new forms of work 241
Laura Khoury and Daphné Skandalis
14 The effectiveness of job retention schemes during economic crises 262
Alexander Hijzen, Egbert Jongen and Mateo Montenegro
15 Social dialogue in transition 279
Anke Hassel and Kilian Weil
16 Safety nets: universal benefit, means-tested support or basic income? 300
Sarah Marchal and Ive Marx
17 Fighting in-work poverty: the minimum wage versus in-work benefits 319
Richard V. Burkhauser, Kevin Corinth and Joseph J. Sabia
18 Teleworking: yes but how much? 341
Sandrine Cazes and Claudia Senik
19 AI, automation and taxation 354
Spencer Bastani and Daniel Waldenström
20 School-to-work transitions and early career developments 371
Werner Eichhorst and Ulf Rinne
21 Ageing and worker displacement 389
Andrew Aitken, Shruti Singh and Simona Otrisalova
22 Adult learning: the employers’ provision of retraining and re-skilling 424
Giorgio Brunello, Désirée Rückert and Patricia Wruuck
23 The role of public employment services in enhancing labour market matching 442
Sofia Dromundo Mokrani, Anne Lauringson and Theodora Xenogiani
24 Closing the gender gap: promoting labour market participation 463
Jorgen M. Harris and Eleonora Patacchini
25 Persistent gender pay gaps: drivers and policy levers 483
Nicole Fortin and Valerie Frey
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