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Wage Flexibility in Turbulent Times; A Practitioner's Guide
International Monetary Fund (IMF); International … - 2005
methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high … wages, and thus, on the labor market and the real economy, were limited until 1998, but have been quite significant …
Persistent link: https://www.econbiz.de/10005248228
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Analyzing Fiscal Space Using the Mams Model; An Application to Burkina Faso
International Monetary Fund (IMF); International … - 2009
This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue, and scaled-up aid. Fiscal space is used for increasing health and education...
Persistent link: https://www.econbiz.de/10008540936
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A Cointegration Model for Search Equilibrium Wage Formation
International Monetary Fund (IMF); International … - 2004
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus …
Persistent link: https://www.econbiz.de/10005604781