Showing 1 - 10 of 17
This 2007 Article IV Consultation highlights that Tonga’s real GDP growth is estimated to turn negative in FY06/07, declining by 3½ percent. The economy will continue to be subject to uncertainty and shocks. While economic growth should return to positive, albeit low, levels in the...
Persistent link: https://www.econbiz.de/10011244772
This 2008 Article IV Consultation highlights that Tonga’s economy has shown resilience in the aftermath of the November 2006 riots and is now on a path to recovery. The key factor underpinning this resilience has been private investment. Donor-supported government reconstruction loans are...
Persistent link: https://www.econbiz.de/10011245814
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
Honduras’s request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries is discussed. The social consultation has allowed the government to implement a vital reform of public...
Persistent link: https://www.econbiz.de/10005252558
The staff report for the 2005 Article IV Consultation on the Central African Republic (CAR) highlights economic developments and performance. Revenue performance was disappointing, and there were sizable expenditure overruns, particularly on the wage bill. The authorities and IMF staff agreed on...
Persistent link: https://www.econbiz.de/10005252833
-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are … posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K … combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …
Persistent link: https://www.econbiz.de/10005263884
Persistent link: https://www.econbiz.de/10005198031
This paper examines Honduras’s 2005 Article IV Consultation and Second Review Under the Poverty Reduction and Growth Facility. In the period 1960–2000, output growth in Honduras ranked among the lowest in the region. During the 1990s, when growth recovered in the rest of Central...
Persistent link: https://www.econbiz.de/10005825013
moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates—a “wage curve⠅
Persistent link: https://www.econbiz.de/10005591480
This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The paper describes the legal and institutional framework of the Cypriot labor market, and discusses the voluntary framework for negotiations, the degree of unionization and the system...
Persistent link: https://www.econbiz.de/10005598850