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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
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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
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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
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France; Selected Issues Paper
International Monetary Fund (IMF); International … - 2013
This Selected Issues paper examines external developments and competitiveness in France. Over the past decade, the … France lost ground in goods trade and services recorded just a slight increase in global market shares. The slight …
Persistent link: https://www.econbiz.de/10011244236
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France; 2012 Article IV Consultation
International Monetary Fund (IMF); International … - 2012
The 2012 Article IV Consultation with France discusses the financial and economic conditions of the country. Although … France weathered the 2008 financial and subsequent euro area crises relatively well compared with other advanced countries …, its recovery has been sluggish. France has become a less open economy and reported a steady loss of export market share …
Persistent link: https://www.econbiz.de/10011244581
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France; Financial Sector Assessment Program—Technical Note on Housing Prices and Financial Stability
International Monetary Fund (IMF); International … - 2013
This technical note examines housing prices and financial stability in France. The note highlights that sharply rising …
Persistent link: https://www.econbiz.de/10011245055
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France; Financial Sector Assessment Program—Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation
International Monetary Fund (IMF); International … - 2013
Commissions (IOSCO) Objectives and Principles of Securities Regulation for France. The assessment reveals that France exhibits a …
Persistent link: https://www.econbiz.de/10011245078
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France; Financial Sector Assessment Program—Detailed Assessment of Observance of Basel Core Principles for Effective Banking Supervision
International Monetary Fund (IMF); International … - 2013
Banking Supervision for France. The assessment was completed as part of a Financial Sector Assessment Program (FSAP …) undertaken by the IMF during 2012. The assessment reveals that France has a well-developed public infrastructure supporting …
Persistent link: https://www.econbiz.de/10011245165
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France; Selected Issues
International Monetary Fund (IMF); International … - 2013
The paper identifies France’s structural reforms that would yield the largest competitiveness gains based on macro-empirical evidence, and reviews signs of potential gains from a deregulation of the services sector. It is expected that completing deregulation in the services sector would...
Persistent link: https://www.econbiz.de/10011245240
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France; Financial Sector Assessment Program—Detailed Assessment of Observance of Insurance Core Principles
International Monetary Fund (IMF); International … - 2013
This paper discusses key findings of the Detailed Assessment of Observance of Insurance Core Principles for France. The …
Persistent link: https://www.econbiz.de/10011245380