Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco

This article develops a general equilibrium model to assess the impact that integrated reforms of macroeconomic, education and social protection policies can have on employment. The model presents three innovations. First, it formalizes the production of skills in the economy by following sex–age co...

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Main Authors:	Marouani, Mohamed A., Robalino, David A.
Format:	Journal Article
Language:	en_US
Published:	Taylor and Francis 2013
Subjects:	unemployment education social security general equilibrium models
Online Access:	http://hdl.handle.net/10986/13275

id	okr-10986-13275
recordtype	oai_dc
spelling	okr-10986-132752021-04-23T14:03:07Z Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco Marouani, Mohamed A. Robalino, David A. unemployment education social security general equilibrium models This article develops a general equilibrium model to assess the impact that integrated reforms of macroeconomic, education and social protection policies can have on employment. The model presents three innovations. First, it formalizes the production of skills in the economy by following sex–age cohorts through the various levels of the education and training systems, given dropout and repetition rates. Second, it incorporates a module that projects social insurance expenditures as a function of the demographic structure of the country and the rules of the pension system. Finally, it develops a very detailed description of the labour market, where informality reflects strategic decisions by workers and not necessarily exclusion. The model is applied to Morocco. The results of various simulations illustrate the importance of coordinating macro, education and social protection policies in order to achieve meaningful effects on employment levels. In particular, we show that isolated interventions to improve the internal efficiency of the education system can aggravate the unemployment problem; that subsidies to investments are more efficient in sectors intensive in skilled labour; and that not controlling the growth of pension expenditures and the tax-wedge can depress employment in the formal sector. 2013-04-25T21:03:39Z 2013-04-25T21:03:39Z 2011-06-24 Journal Article Applied Economics 0003-6846 http://hdl.handle.net/10986/13275 en_US Applied Economics;44(24) http://creativecommons.org/licenses/by-nc-nd/3.0/igo CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Taylor and Francis Journal Article Morocco
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	unemployment education social security general equilibrium models
spellingShingle	unemployment education social security general equilibrium models Marouani, Mohamed A. Robalino, David A. Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco
geographic_facet	Morocco
relation	Applied Economics;44(24)
description	This article develops a general equilibrium model to assess the impact that integrated reforms of macroeconomic, education and social protection policies can have on employment. The model presents three innovations. First, it formalizes the production of skills in the economy by following sex–age cohorts through the various levels of the education and training systems, given dropout and repetition rates. Second, it incorporates a module that projects social insurance expenditures as a function of the demographic structure of the country and the rules of the pension system. Finally, it develops a very detailed description of the labour market, where informality reflects strategic decisions by workers and not necessarily exclusion. The model is applied to Morocco. The results of various simulations illustrate the importance of coordinating macro, education and social protection policies in order to achieve meaningful effects on employment levels. In particular, we show that isolated interventions to improve the internal efficiency of the education system can aggravate the unemployment problem; that subsidies to investments are more efficient in sectors intensive in skilled labour; and that not controlling the growth of pension expenditures and the tax-wedge can depress employment in the formal sector.
format	Journal Article
author	Marouani, Mohamed A. Robalino, David A.
author_facet	Marouani, Mohamed A. Robalino, David A.
author_sort	Marouani, Mohamed A.
title	Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco
title_short	Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco
title_full	Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco
title_fullStr	Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco
title_full_unstemmed	Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco
title_sort	assessing interactions among education, social insurance, and labor market policies in morocco
publisher	Taylor and Francis
publishDate	2013
url	http://hdl.handle.net/10986/13275
_version_	1764423071241863168

Assessing Interactions among Education, Social Insurance, and Labor Market Policies in Morocco

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