implementation of substantial structural reforms, in particular the authorities’ planned reforms in labor markets, the investment …

This Selected Issues paper for South Africa presents a quantitative analysis of inflation dynamics in the country. The … inflation. Exposed to exchange rate and other shocks, the model confirms that a delayed policy response to inflation shocks … leads to persistently higher inflation rates and, subsequently, to a sharp real contraction of the economy. …

This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and …

dividend of a rapidly expanding labor force is fading and further structural declines in unemployment are likely to be limited … inflation since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that …

by sector, industrial employment by sector, indicators of hidden unemployment, selected labor market indicators …, unemployment rate by regions, consumer price inflation and CPI weights, industrial producer prices, wages, pensions and per capita …