The Rebirth of the Greek Labor Market

Building Toward 2020 After the Global Financial Meltdown

P. Petrakis, P. Petrakis, P. Petrakis

• Publisher: Palgrave Macmillan
• Year: 2014
• ISBN:
  9781137460820
• Topic: Economics
• Subtopic: Labour Economics
• Index: Economics

The Rebirth of the Greek Labor Market provides evidence of the macroeconomic evolution of the Greek economy, as well as current conditions in the labor market, to suggest potential areas of growth following the crisis. The contributors of this collection focus on three main issues that make the overall volume distinctive. Firstly, the authors develop a macro-econometric model for the Greek economy, which is flexible in terms of policy analysis and provides reasonable forecasts for the period between 2014-2020, under three scenarios. Secondly, the authors analyze the dynamism in the Greek economy, as well as the problematic Greek labor market. Lastly, using the estimations provided by the macro-econometric model developed, an input-output analysis is conducted - for every one of the three scenarios - in order to investigate and quantify the impact of the economic crisis, not only to the total employment but also in the number of employees by occupation, for all productive sectors of the economy. Using this structure, this indispensable new volume identifies the occupations, professions, and sectors with the greatest losses, as well as those showing a positive momentum, up to 2020.

Index

Abenomics, 26

accommodation and food service activities, 37, 130, 141, 149

employment in, 156–7, 159, 161, 179, 215

employment in, in basic scenario, 185, 188

employment in, in optimistic scenario, 195, 196, 198

employment in, in pessimistic scenario, 205, 206, 210

value added in, 175, 177

account balances, 11, 73–4

account deficit, 10

activities of extraterritorial organizations. See extraterritorial organizations

activities of households as employers. See households as employers

adjustment, structural, 7, 20, 29. See also fiscal adjustment

administrative and support service activities, 130, 141, 149

employment in, 156–7, 159, 161, 175, 179, 215

employment in, in basic scenario, 185

employment in, in optimistic scenario, 195, 196

employment in, in pessimistic scenario, 205

African countries, 63

aging population, 48–9, 59–60, 61–3, 184, 191, 210–11

agriculture, forestry and fishing, 17n5, 69, 70, 125–6, 130, 151n6

dynamism in, 132, 134–7, 141–4, 149

employment in, 151n6, 155, 156–60, 179, 215

employment in, in basic scenario, 185

employment ...

Table of contents

• Cover
• Title
• Part A The Rebalancing of the Greek Economy and Employment
• Part B Macro Projections through to 2020
• Part C The Labor Dynamism of the Greek Economy through to 2020
• List of Contributors
• Index