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France: Selected Issues : Labor Market Developments and Wage Moderation in France in the 1990s

International Monetary Fund - 2001

independent of changes in labor demand taxes and unemployment income …

Persistent link: https://www.econbiz.de/10014407413

The Fund's Income Position for FY 2013-Actual Outcome

International Monetary Fund - 2013

This paper reports the Fund's income position for FY 2013 following the closing of the Fund's accounts for the … financial year and completion of the external audit. FY 2013 net income, including income from surcharges, amounted to SDR 2 … of currencies has been made from the GRA to the investment account. The placement of the net income to the Fund …

Persistent link: https://www.econbiz.de/10014410435

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

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

Finland; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 1996

This Selected Issues paper and Statistical Appendix examines inflation and wage dynamics in Finland. The paper discusses the data set used (quarterly data covering from 1975 to 1995) and the statistical properties of the relevant time series. It presents the model and the empirical estimates,...

Persistent link: https://www.econbiz.de/10005252725

Equilibrium Wage Dispersion; An Example

International Monetary Fund (IMF); International … - 2006

Persistent link: https://www.econbiz.de/10005263884

Romania; Third Review Under the Stand-By Arrangement and Request for Waiver of Performance Criterion-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion...

International Monetary Fund (IMF); International … - 2003

This paper assesses Romaniaâ€™s Third Review Under the Stand-By Arrangement and a Request for Waiver of Performance Criterion. Romaniaâ€™s macroeconomic performance continued to be favorable, but slippages in wage policy and privatization delayed the completion of the third review....

Persistent link: https://www.econbiz.de/10005591732

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