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Gulf Cooperation Council (GCC) : Labor Market Reforms to Boost Employment and Productivity in the GCC
International Monetary Fund - 2013
-sector employment and have helped raise standards of living. However, the growth model has involved costs: the public-sector wage bill … is relatively high, there is limited employment of nationals in the private sector, labor productivity has declined or …
Persistent link: https://www.econbiz.de/10014410425
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Wage Flexibility in Turbulent Times; A Practitioner's Guide
International Monetary Fund (IMF); International … - 2005
This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such flexibility during times of structural change, when wage distributions and wage curves can be particularly volatile. The paper uses nonparametric estimation to capture possible...
Persistent link: https://www.econbiz.de/10005248228
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Equilibrium Wage Dispersion; An Example
International Monetary Fund (IMF); International … - 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/10005263884
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A Cointegration Model for Search Equilibrium Wage Formation
International Monetary Fund (IMF); International … - 2004
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the...
Persistent link: https://www.econbiz.de/10005604781
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Selected Euro-Area Countries : Rules-Based Fiscal Policy and Job-Rich Growth in France, Germany, Italy, and Spain-Report with Supplementary Information
International Monetary Fund - 2001
Fiscal deficits and the public debt has grown throughout much of the postwar period in most industrialized countries under the pressure of rising public expenditure, a trend that has begun to reverse after 1992. A number of studies argue that fiscal consolidation in association with expenditure...
Persistent link: https://www.econbiz.de/10014407227
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Fiscal Policy and Employment in Advanced and Emerging Economies
International Monetary Fund - 2012
This paper discusses tax and expenditure policy reforms to raise employment. Using data for 58 advanced and emerging …. The focus is on incentives to increase labor demand and supply rather than on the impact of fiscal policy on employment … principles which should guide the design of country-specific fiscal reforms to boost employment. A comprehensive set of tables on …
Persistent link: https://www.econbiz.de/10014410536
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Institutional Development : Skill Transference Through a Reversal of ""Human Capital Flight"" or Technical Assistance
International Monetary Fund - 1997
We examine the issue of technical assistance versus brain drain repatriation as alternative strategies for transferring scarce skills to a skill-poor economy. Technical assistance relies mainly on expatriate skills and labor from the host country, while brain drain repatriation seeks to effect a...
Persistent link: https://www.econbiz.de/10014400864
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Human Capital Flight : Impact of Migrationon Income and Growth
International Monetary Fund - 1994
This paper analyses the impact of government tax and subsidy policy on immigration of human capital and the effect of such immigration on growth and incomes. In the context of a two-country endogenous growth model with heterogeneous agents and human capital accumulation, we argue that human...
Persistent link: https://www.econbiz.de/10014395877
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Theoretical Aspects of Growth in Developing Countries : External Debt Dynamics and the Role of Human Capital
International Monetary Fund - 1988
This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...
Persistent link: https://www.econbiz.de/10014396208
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Commodity Price Volatility and the Sources of Growth
International Monetary Fund - 2012
This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital acquisition. We use the standard system GMM approach as well as...
Persistent link: https://www.econbiz.de/10014396933