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Why Has Unemployment in Algeria Been Higher Than in Mena and Transition Countries

Kpodar, Kangni - International Monetary Fund (IMF) - 2007

productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …

Persistent link: https://www.econbiz.de/10005248294

The Shortcomings of a Partial Release of Employment Protection Laws; The Case of the 2005 French Reform

Cahuc, Pierre; Carcillo, Stéphane - International Monetary Fund (IMF) - 2006

, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to …

Persistent link: https://www.econbiz.de/10005263994

Precautionary Savings in the Great Recession

Mody, Ashoka; Sandri, Damiano; Ohnsorge, Franziska - International Monetary Fund (IMF) - 2012

Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income...

Persistent link: https://www.econbiz.de/10009654146

Employment Protection and Business Cycles in Emerging Economies

Lama, Ruy; Urrutia, Carlos - International Monetary Fund (IMF) - 2011

We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment protection in shaping business cycles in emerging economies. The model features matching frictions and an endogenous selection effect by which inefficient jobs are destroyed in...

Persistent link: https://www.econbiz.de/10009401199

After the Crisis; Assessing the Damage in Italy

Sgherri, Silvia; Morsy, Hanan - International Monetary Fund (IMF) - 2010

Italyâ€™s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses, taking a heavy toll on Italyâ€™s economy. With output back to its...

Persistent link: https://www.econbiz.de/10008727814

Danish for All? Balancing Flexibility with Security; The Flexicurity Model

Zhou, Jian-Ping - International Monetary Fund (IMF) - 2007

labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960 …-2002, the paper identifies the elements of the flexicurity model that may have contributed to the low unemployment rate. A … the financing aspect, the paper finds that effective implementation will depend on the initial unemployment level and …

Persistent link: https://www.econbiz.de/10005825613

Banks and Labor As Stakeholders; Impacton Economic Performance

Ueda, Kenichi; Claessens, Stijn - International Monetary Fund (IMF) - 2008

Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been …

Persistent link: https://www.econbiz.de/10005825652

Why Are Women Working so Much More in Canada? An International Perspective

Tsounta, Evridiki - International Monetary Fund (IMF) - 2006

This paper analyzes the role of the tax and benefit system in spurring the impressive increase in Canadian female labor participation in the last decade. Using annual panel data for 10 large industrial countries over the period 1980-2001, I find that reforms in the Canadian tax and benefit...

Persistent link: https://www.econbiz.de/10005826383

Explaining China's Low Consumption; The Neglected Role of Household Income

Aziz, Jahangir; Cui, Li - International Monetary Fund (IMF) - 2007

The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption in total expenditure has been low and declining due to high and rising saving rate of Chinese...

Persistent link: https://www.econbiz.de/10005768788

Inflation Targeting and the Crisis; An Empirical Assessment

Filho, Irineu E. Carvalho - International Monetary Fund (IMF) - 2010

perception of risk by markets. We also find some weak evidence that IT countries did better on unemployment rates and advanced IT …

Persistent link: https://www.econbiz.de/10008519500