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A Cointegration Model for Search Equilibrium Wage Formation

International Monetary Fund - 2004

cointegration approach. It finds that labor flows, and notably flows from outside the labor market, are important determinants of …

Persistent link: https://www.econbiz.de/10014401436

Estimating Potential Output with a Multivariate Filter

International Monetary Fund - 2010

This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10 countries, in addition to the United States and the euro area. While there is a substantial amount of uncertainty around our estimates,...

Persistent link: https://www.econbiz.de/10014403161

Alternative Models of Wage Dispersion

International Monetary Fund - 2005

We analyze labor market models where the law of one price does not hold-that is, models with equilibrium wage dispersion. We begin by assuming workers are ex ante heterogeneous, and highlight a flaw with this approach: if search is costly, the market shuts down. We then assume workers are...

Persistent link: https://www.econbiz.de/10014400958

Finland : 2007 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Di...

International Monetary Fund - 2007

This 2007 Article IV Consultation highlights that growth in Finland has outpaced the euro area average. Inflation is …

Persistent link: https://www.econbiz.de/10014404554

Finland : Selected Issues

International Monetary Fund - 2007

employment rates in Finland. It summarizes recent labor market developments in Finland, and investigates respectively the …

Persistent link: https://www.econbiz.de/10014404735

Finland : 2004 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Finland

International Monetary Fund - 2005

The staff report for the 2004 Article IV Consultation on Finland highlights economic background and policy discussions … structural unemployment remains high, and Finland faces a rapidly changing global and domestic environment that calls for hard …

Persistent link: https://www.econbiz.de/10014405404

Finland : Report on the Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework

International Monetary Fund - 2005

This Report on the Observance of Standards and Codes data module provides an assessment of Finland’s macroeconomic … Quality Assessment Framework, July 2003. The report reveals that Finland’s macroeconomic statistics are of generally high … quality. They are adequate to conduct effective surveillance. Finland’s statistical managers are highly aware of all …

Persistent link: https://www.econbiz.de/10014405553

Finland : Financial System Stability Assessment Update

International Monetary Fund - 2010

The Finnish financial sector has weathered during the global crisis. Banks’ capital buffers were sufficient, but liquidity and credit risks required monitoring. The study assessed that there is a need for strong crisis management framework. It is found that an evaluation of Deposit Guarantee...

Persistent link: https://www.econbiz.de/10014405918

Finland : 2010 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Finl...

International Monetary Fund - 2010

Owing to the high dependence of its exports on countries and commodities, Finland experienced the worst recession in …

Persistent link: https://www.econbiz.de/10014405920

Finland : Selected Issues

International Monetary Fund - 2003

In light of potential changes in fiscal policy in Finland, the impact of changes in the fiscal stance on short …-term economic growth is an issue of interest. This paper estimates the short-term impact of fiscal policy on growth in Finland. The …

Persistent link: https://www.econbiz.de/10014406029