The Response of Employment to Output Shocks in Egypt
Elroukh, A., Elsharkawy, R. (2023). The Response of Employment to Output Shocks in Egypt. EKB Journal Management System, 31(3), 64-84. doi: 10.21608/inp.2023.326509
Ahmed Elroukh; Rania Elsharkawy. "The Response of Employment to Output Shocks in Egypt". EKB Journal Management System, 31, 3, 2023, 64-84. doi: 10.21608/inp.2023.326509
Elroukh, A., Elsharkawy, R. (2023). 'The Response of Employment to Output Shocks in Egypt', EKB Journal Management System, 31(3), pp. 64-84. doi: 10.21608/inp.2023.326509
Elroukh, A., Elsharkawy, R. The Response of Employment to Output Shocks in Egypt. EKB Journal Management System, 2023; 31(3): 64-84. doi: 10.21608/inp.2023.326509

The Response of Employment to Output Shocks in Egypt

المجلة المصرية للتنمية والتخطيط
Volume 31, Issue 3, September 2023, Page 64-84  XML PDF (1.53 MB)
Document Type: المقالة الأصلية
DOI: 10.21608/inp.2023.326509
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Authors
Ahmed Elroukh* ; Rania Elsharkawy*
Lecturer – Department of Economics-Faculty of Economic Studies and Political Science- Alexandria University.
Abstract
This paper examines the response of employment to its own dynamics and output fluctuations using quarterly data that span the past two decades and an ARDL regression approach. This is the first paper that search empirically for the existence of a bounce-back effect in the response of employment to output in Egypt. We also test for inertia in the Egyptian labor market. The paper accounts for structural breaks that could have resulted due to the financial crisis, the political unrest following the 2011 revolution, and Covid-19 pandemic. The findings of this paper suggest the existence of a bounce-back effect in the response of employment to output and inertia in the Egyptian labor market. Moreover, the findings of this paper suggest the existence of adverse effects on employment of the recent shocks to the Egyptian economy. The magnitude of these effects differs according to the type of shock, though.
Keywords
Employment; Output Shocks; ARDL
References

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