This paper focuses on the differences in earnings and labor force status of low-skilled prime age men in France, the United Kingdom, and the United States at the end of the 20th century, and their relation to the differences in wage dispersion. In the UK and the US, where the bottom of the wage...

This paper examines the impact of macroeconomic and financial sector policy announcements in the United States, the United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia. Announcements of interest rate cuts, liquidity support, liability...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country