Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/208414 
Year of Publication: 
1999
Series/Report no.: 
Working paper No. 3-99
Publisher: 
Copenhagen Business School (CBS), Department of Economics, Frederiksberg
Abstract: 
This paper analyzes the consequences of pursuing a less activist Government employment stabilization policy strategy in Egypt. On the basis of a fairly stylized model we find that a reduction of the Government’s involvement in the economy along with an introduction of mild but binding firing regulations in the private sector may lead to a rise in total employment and to an improvement in Egypt’s trade balance vis-à-vis the rest of the world.
Subjects: 
Uncertain environment
Job security
Countercyclical government intervention with lifetime employment guarantees
Wages
Employment
Labour market
Egypt
JEL: 
J40
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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