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Bonus Culture: Competitive Pay, Screening, and Multitasking
Bénabou, Roland; Tirole, Jean - C.E.P.R. Discussion Papers - 2013
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...
Persistent link: https://www.econbiz.de/10011083769
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Does Extending Unemployment Benefits Improve Job Quality?
Nekoei, Arash; Weber, Andrea - C.E.P.R. Discussion Papers - 2015
insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … both in our sample and across studies, reconciling disparate wage-effect estimates. Empirically, UI raises wages by …
Persistent link: https://www.econbiz.de/10011272710
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Mexico; Financial Sector Assessment Program Update: Technical Note: The Pension Annuity Market
International Monetary Fund (IMF); International … - 2007
This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The...
Persistent link: https://www.econbiz.de/10011244170
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Republic of Belarus: Selected Issues
International Monetary Fund (IMF); International … - 2014
Persistent link: https://www.econbiz.de/10011244432
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Tonga; 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2007
This 2007 Article IV Consultation highlights that Tonga’s real GDP growth is estimated to turn negative in FY06/07, declining by 3½ percent. The economy will continue to be subject to uncertainty and shocks. While economic growth should return to positive, albeit low, levels in the...
Persistent link: https://www.econbiz.de/10011244772
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Zambia: 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2014
This 2013 Article IV Consultation highlights that The Zambian economy has performed well in recent years, with strong growth and modest inflation, and has high growth potential. The government has resolved to step up development by scaling up investment in infrastructure. The current fiscal...
Persistent link: https://www.econbiz.de/10011245052
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Russian Federation; Selected Issues
International Monetary Fund (IMF); International … - 2008
This Selected Issues paper for the Russian Federation discusses existing empirical efforts to measure the determinants of cross-country financial integration. Empirical studies that have adopted the gravity-model framework have found that it is generally successful in explaining bilateral...
Persistent link: https://www.econbiz.de/10011245351
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Austria; Selected Issues
International Monetary Fund (IMF); International … - 2013
of gross monthly wages. It analyzes that a comparatively high share of Austria’s family benefits is monetary rather …
Persistent link: https://www.econbiz.de/10011245579
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Ukraine; Selected Issues
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper analyses the impact that rising energy import prices might have on growth and inflation in Ukraine. The paper examines how rising gas prices might elevate macrofiscal risks in Ukraine’s state enterprise sector. It assesses Ukraine’s equilibrium exchange...
Persistent link: https://www.econbiz.de/10011245611
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Bulgaria: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global...
Persistent link: https://www.econbiz.de/10011245618