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Inflation dynamics with labour market matching: assessing alternative specifications
Christoffel, Kai; Costain, James S.; De Walque, Gregory; … - European Central Bank - 2009
This paper reviews recent approaches to modeling the labour market and assessestheir implications for in‡ation dynamics through both their e¤ect on marginalcost and on price-setting behaviour. In a search and matching environment, weconsider the following modeling setups: right-to-manage...
Persistent link: https://www.econbiz.de/10005866597
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Downward wage rigidity and optimal steady-state inflation
Fagan, Gabriel; Messina, Julián - European Central Bank - 2009
This paper examines the impact of downward wage rigidity (nominal and real) onoptimal steady-state inflation. For this … andFinland). The calibrated heterogeneous agent models are then solved for differentsteady state rates of inflation to derive …
Persistent link: https://www.econbiz.de/10005866626
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Disinflation, fiscal sustainability, and labor market adjustment in Turkey
Agénor, Pierre-Richard - 2006
inflation expectations. The short- and long-run effects of a rise in official interest rates and tax increases are analyzed. The …
Persistent link: https://www.econbiz.de/10010522256
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Boosting productivity via innovation and adoption of new technologies : any role for labor market institutions?
Tressel, Thierry - 2004
Persistent link: https://www.econbiz.de/10010523060
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Labor Market Adjustment, Reform and Productivity in Colombia : What are the Factors that Matter? Volume 1, Issues and Policy Brief
World Bank - 2012
, formality and wages, as well as productivity. Through the analysis of these variables the report tries to enhance the … Colombia: slow growth reflecting poor productivity performance, high and persistent unemployment and labor market rigidities … that help in keeping unemployment high and productivity low. The 2002 labor reform shows positive results in some areas …
Persistent link: https://www.econbiz.de/10012553539
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Labor Market Adjustment, Reform and Productivity in Colombia : What are the Factors that Matter? Volume 2 : Technical Report
World Bank - 2012
, formality and wages, as well as productivity. Through the analysis of these variables the report tries to enhance the … Colombia: slow growth reflecting poor productivity performance, high and persistent unemployment and labor market rigidities … that help in keeping unemployment high and productivity low. The 2002 labor reform shows positive results in some areas …
Persistent link: https://www.econbiz.de/10012553540
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Ukraine Jobs study : Fostering Productivity and Job Creation, Volume 1
World Bank - 2012
creation, and suggest policies that will foster job creation and productivity. The study finds that, despite relatively low … an adaptable labor market that supports job creation and growth in productivity. …
Persistent link: https://www.econbiz.de/10012553570
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Ukraine Jobs study : Fostering Productivity and Job Creation, Volume 2, Technical Chapters
World Bank - 2012
creation, and suggest policies that will foster job creation and productivity. The study finds that, despite relatively low … an adaptable labor market that supports job creation and growth in productivity. …
Persistent link: https://www.econbiz.de/10012553571