Showing 31 - 40 of 139
This paper documents and analyzes crisis-related changes in government debt issuance practices in the 16 euro zone countries and Denmark. Using a newly constructed database on primary market debt issuance during 2007-09, we find evidence of a shift away from pre-crisis standards of best funding...
Persistent link: https://www.econbiz.de/10014403688
The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also describes the forecasting methodology and performance of these indicators. It reviews the successful European labor market reform experiences and analyzes regulatory and...
Persistent link: https://www.econbiz.de/10014404360
The euro area recovered from the economic doldrums. Executive Directors welcomed the recovery, supported by strong financial conditions, global growth, and improved financial positions. They encouraged the reformed Stability and Growth Pact over fiscal policies, and underscored the need for...
Persistent link: https://www.econbiz.de/10014404458
This Selected Issues paper on Euro Area Policies underlies global rebalancing of accounts. From a growth-accounting perspective, slower growth in the capital-labor ratio seems to be the main driver behind the deceleration in labor productivity. The increase in bilateral trade was accompanied by...
Persistent link: https://www.econbiz.de/10014404716
This Selected Issues paper on Euro Area Policies reviews the integration of Europe’s financial markets and the challenges faced by the new European Union member states with respect to euro adoption. Markets in the Financial Instruments Directive are expected to become applicable in November...
Persistent link: https://www.econbiz.de/10014404737
This Selected Issues paper for euro area policies analyzes the product market regulation and benefits of wage moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates—a “wage curve” in 20 industrial countries. It reviews euro area and...
Persistent link: https://www.econbiz.de/10014404772
The paper analyzes the macroeconomic implications of different systems of industrial relations. After reviewing the relevant literature, and analyzing cross-country evidence, the paper focuses on the experience of centralized bargaining characterizing Spain in the period 1979-86. The paper...
Persistent link: https://www.econbiz.de/10014395894
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
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
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