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A Noteon Terms of Trade Shocks and the Wage Gap

International Monetary Fund - 2010

Using Chilean data, we document that for resource-rich small open economies the effects of terms of trade shocks on the wage gap (between skilled and unskilled workers) depend on factor intensities in the non-tradable sector, following the model in Galiani, Heymann, and Magud (2010). For a...

Persistent link: https://www.econbiz.de/10014403224

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

Equilibrium Wage Dispersion : An Example

International Monetary Fund - 2006

Search models with posting and match-specific heterogeneity generate wage dispersion. Given K values for the match-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...

Persistent link: https://www.econbiz.de/10014402407

Wage Compression, Employment Restrictions and Unemployment : The Case of Mauritius

International Monetary Fund - 2004

Governments often intervene in labor markets with the aim of reducing inequality and promoting employment. Such intervention often results in wage compression and restrictions on how firms use their workers. This paper investigates the impact of such interventions on the labor market conditions...

Persistent link: https://www.econbiz.de/10014404032

Gender Budgeting in G7 Countries

International Monetary Fund - 2017

At the request of the Italian Presidency of the G7, the IMF has prepared a paper on gender-budgeting as a contribution … to the G7 initiative on equality. The paper provides an overview of gender-responsive budgeting concepts and practices in … the G7 countries. It summarizes recent trends in gender equality in G7 and advanced countries, noting that while equality …

Persistent link: https://www.econbiz.de/10014408683

Opening and liberalization of markets in Africa - a response to globalization? : A policy dialogue ; Berlin, 1 - 3 December, 1998 ; summary report

Harris, Elliott (contributor) - 1999

Persistent link: https://www.econbiz.de/10001351565

Republic of Korea: selected issues

Eskesen, Leif - 2010

Persistent link: https://www.econbiz.de/10009504217

The U.S. Current Account Deficit and the Global Economy

International Monetary Fund - 2004

This paper presents the views of Lawrence H. Summers on the U.S. current account deficit and the global economy. Summers highlights that the U.S. current account deficit is currently running well in excess of US$600 billion at an annual rate, in the range of 5.5 percent of GDP. It represents...

Persistent link: https://www.econbiz.de/10014402146

International Monetary Fund Annual Report 2000 : Making the Global Economy Work for All

International Monetary Fund - 2000

The Annual Report 2000 to the Board of Governors reviews the IMF's activities, policies, and financial position during the financial year (May 1, 1999 through April 30, 2000), as well as developments in the world economy. The Annual Report 2000 highlights the efforts of the IMF, together with...

Persistent link: https://www.econbiz.de/10014402528

International Monetary Fund Annual Report 2004 : Making the Global Economy Work for All

International Monetary Fund - 2004

This 2004 Annual Report highlights that during FY2004, the IMF continued to work with its member countries to foster sustained growth and financial stability—and reduce poverty in its low-income members—through its surveillance activities and policy advice; lending in support of stabilization...

Persistent link: https://www.econbiz.de/10014402786

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