Showing 1 - 10 of 655
This paper examines whether financial deregulation in the 1980s has reduced the importance of liquidity constraints in consumption patterns. Data for six industrialized countries are used to estimate a simple model incorporating liquidity constraints and forward looking behavior. It is concluded...
Persistent link: https://www.econbiz.de/10014396051
This Selected Issues paper analyzes the growth prospects of the Greek economy. It is estimated that exceptional factors boosted growth by 1 percentage point per year in recent years and, under current trends and policies, growth is likely to drop to about 3 percent by the end of the decade. The...
Persistent link: https://www.econbiz.de/10005825203
This paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward … employment and employment opportunities in the longer term, there could be employment losses in the short run as the economy … policies to cushion the employment impact in the transition, particularly in meeting the skills gap of associated with this …
Persistent link: https://www.econbiz.de/10008528632
-sector employment and have helped raise standards of living. However, the growth model has involved costs: the public-sector wage bill … is relatively high, there is limited employment of nationals in the private sector, labor productivity has declined or …
Persistent link: https://www.econbiz.de/10014410425
This paper discusses tax and expenditure policy reforms to raise employment. Using data for 58 advanced and emerging …. The focus is on incentives to increase labor demand and supply rather than on the impact of fiscal policy on employment … principles which should guide the design of country-specific fiscal reforms to boost employment. A comprehensive set of tables on …
Persistent link: https://www.econbiz.de/10014410536
Fiscal deficits and the public debt has grown throughout much of the postwar period in most industrialized countries under the pressure of rising public expenditure, a trend that has begun to reverse after 1992. A number of studies argue that fiscal consolidation in association with expenditure...
Persistent link: https://www.econbiz.de/10014407227
assume that as competition increases industries adjust their employment to a desired level which is both industry and time … manufacturing is not inefficient in labour use as modest speed of adjustment has led employment size closer to the optimal level. …
Persistent link: https://www.econbiz.de/10005233871
exists in India. This paper exploits the institutional features of federally mandated employment quota policy to examine its …The world's biggest and arguably most aggressive form of employment based affirmative action policy for minorities … effect on labor market outcomes of two distinct minority groups. My main finding is that employment quota significantly in …
Persistent link: https://www.econbiz.de/10005015471
Using manufacturing data for India, this paper studies the economic effects of legal amendments on two types of labor … laws: employment protection and labor dispute resolution legislation. We find that laws that increase employment protection … or the cost of labor disputes substantially reduce registered sector employment and output. These laws do no seem to …
Persistent link: https://www.econbiz.de/10005762115
This assessment of the implementation of the BCP in India has been completed as part of the Financial Sector Assessment …
Persistent link: https://www.econbiz.de/10012644888