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Assessing Competitiveness Using Industry Unit Labor Costs : An Application to Slovakia

International Monetary Fund - 2012

Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of...

Persistent link: https://www.econbiz.de/10014396613

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

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

Competition in Indian Banking

International Monetary Fund - 2005

It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial … competitive conditions and earns revenues as if under monopolistic competition …

Persistent link: https://www.econbiz.de/10014400691

Italy : Assessing Competition and Efficiency in the Banking System

International Monetary Fund - 2007

The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …

Persistent link: https://www.econbiz.de/10014400137

Competitiveness in the Baltics in the Run-Up to EU Accession

International Monetary Fund - 2003

This paper analyzes competitiveness in the Baltics in the run-up to European Union accession. Several factors appear to have driven movements in equilibrium real exchange rates in the Baltics since the start of the transition process. In the earlier years of transition, price liberalization,...

Persistent link: https://www.econbiz.de/10014407140

Republic of Kazakhstan : Financial Sector Assessment Program Update—Technical Note—Bank Profitability and Competition

International Monetary Fund - 2004

competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational costs and …

Persistent link: https://www.econbiz.de/10014407263

Policies to promote competitiveness in manufacturing in Sub-Saharan Africa

Fosu, Augustin Kwasi (contributor) - 2001

Persistent link: https://www.econbiz.de/10004682907

Liberia; Poverty Reduction Strategy Paper

International Monetary Fund (IMF); International … - 2008

This paper discusses implementation of the Poverty Reduction Strategy (PRS) in Liberia. Liberiaâ€™s PRS articulates the governmentâ€™s overall vision and major strategies for moving toward rapid, inclusive, and sustainable growth and development during the period 2008â€“11. This...

Persistent link: https://www.econbiz.de/10011245748

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