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Regional Labor Market Disparities in Belgium
Estevão, Marcello M. - International Monetary Fund (IMF) - 2002
particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment …
Persistent link: https://www.econbiz.de/10005826565
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The Italian Labor Market; Recent Trends, Institutions, and Reform Options
Schindler, Martin - International Monetary Fund (IMF) - 2009
Despite improvements in labor market performance over the past decade, owing in part to past reforms, Italy's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional landscape and labor market trends from a cross-country...
Persistent link: https://www.econbiz.de/10005826596
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What Determines the Reservation Wages of Unemployed Workers? New Evidence From German Micro Data
Prasad, Eswar - International Monetary Fund (IMF) - 2003
macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …
Persistent link: https://www.econbiz.de/10005826626
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Reforming Labor and Product Markets; Some Lessons From Two Decades of Experiments in Europe
Boeri, Tito - International Monetary Fund (IMF) - 2005
flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the …
Persistent link: https://www.econbiz.de/10005826643
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Fixed-Term and Permanent Employment Contracts: Theory and Evidence
Cao, Shutao; Shao, Enchuan; Silos, Pedro - CESifo - 2010
This paper constructs a theory of the coexistence of fixed-term and permanent employment contracts in an environment with ex-ante identical workers and employers. Workers under fixed-term contracts can be dismissed at no cost while permanent employees enjoy labor protection. In a labor market...
Persistent link: https://www.econbiz.de/10008511611
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Emerging Market Business Cycles; The Role of Labor Market Frictions
Boz, Emine; Durdu, Ceyhun Bora; Li, Nan - International Monetary Fund (IMF) - 2012
Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching frictions and countercyclical...
Persistent link: https://www.econbiz.de/10011242182
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Growth and Employment in the Dominican Republic; Options for a Job-Rich Growth
Abdullaev, Umidjon; Estevao, Marcello - International Monetary Fund (IMF) - 2013
The Dominican Republic has posted high rates of output and productivity growth, but labor market indicators have remained weak during the past 20 years. This paper documents these trends, showing that the rapid productivity growth originates in a few sectors, while the bulk of job creation is...
Persistent link: https://www.econbiz.de/10011242228
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Chronicle of a Decline Foretold; Has China Reached the Lewis Turning Point?
Das, Mitali; N'Diaye, Papa M - International Monetary Fund (IMF) - 2013
China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages...
Persistent link: https://www.econbiz.de/10011242230
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Okun's Law; Fit at 50?
Ball, Laurence M.; Leigh, Daniel; Loungani, Prakash - International Monetary Fund (IMF) - 2013
This paper asks how well Okun’s Law fits short-run unemployment movements in the United States since 1948 and in … the unemployment rate—varies substantially across countries. This variation is partly explained by idiosyncratic …
Persistent link: https://www.econbiz.de/10011242241
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Dissecting Saving Dynamics; Measuring Wealth, Precautionary, and Credit Effects
Carroll, Christopher; Sommer, Martin; Slacalek, Jiri - International Monetary Fund (IMF) - 2012
We argue that the U.S. personal saving rate’s long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious ‘buffer stock’ model of optimal...
Persistent link: https://www.econbiz.de/10011242291