Similar Search Results

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

Czech Republic, Republic of Estonia, Hungary, Republic of Latvia, Republic of Lithuania, Republic of Poland, Slovak Republic, and Republic of Slovenia : Export Structure and Credit...

International Monetary Fund - 2006

Of the new members entering the European Union (EU) in May 2004, several had achieved a decade of impressive export growth, expanding significantly their shares of world markets. The empirical analysis shows that over the period 1994–2004, quality and technology upgrading associated with the...

Persistent link: https://www.econbiz.de/10014404829

Republic of Estonia : Selected Issues and Statistical Appendix

International Monetary Fund - 2003

This Selected Issues paper of the Republic of Estonia reviews the current account deficits, sustainability, and … external solvency in the Baltic countries. The paper describes labor market trends in Estonia after the transition … highlights the IMF's projections and estimates for the Republic of Estonia …

Persistent link: https://www.econbiz.de/10014406171

Republic of Estonia : 2003 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republ...

International Monetary Fund - 2003

Estonia into an open and flexible market economy and as a star performer among European Union accession countries. Executive …

Persistent link: https://www.econbiz.de/10014406172

Republic of Estonia : 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Republic...

International Monetary Fund - 2005

The staff report for the 2005 Article IV Consultation on the Republic of Estonia focuses on the economic outlook and … risks. Robust economic growth continues, largely driven by domestic demand. Estonia has achieved significant nominal … convergence; meeting all of the Maastricht criteria, save for inflation. Estonia’s banking system remains financially sound, with …

Persistent link: https://www.econbiz.de/10014406230

Republic of Estonia : 2004 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republ...

International Monetary Fund - 2004

This 2004 Article IV Consultation highlights that economic activity has been gathering speed in Estonia. Year …. Estonia’s banking system remains financially sound. The percentage of nonperforming loans declined further and, at 0.4 percent …

Persistent link: https://www.econbiz.de/10014406460

Republic of Estonia : Selected Issues

International Monetary Fund - 2004

This Selected Issues paper examines developments in Estonia’s expanding net external obligations, as well as in … use of the IMF’s new Global Econometric Model to investigate and quantify the role of market flexibility in Estonia. It …

Persistent link: https://www.econbiz.de/10014406461

Republic of Estonia : Staff Report for the 2009 Article IV Consultation

International Monetary Fund - 2010

nonfinancial private sector debt stock in Estonia. With declining incomes, unemployment increasing sharply, and asset prices …

Persistent link: https://www.econbiz.de/10014406645