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International Monetary Fund (IMF); International … - 2003

This Selected Issues paper reviews developments during 2001â€“02 in the Belarusian pension system, and discusses potential short- and medium-term reforms needed to put pension system finances on a sustainable path. The paper presents a short overview of demographic trends and developments...

Persistent link: https://www.econbiz.de/10005598852

Uzbekistan; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 1996

This Selected Issues paper and Statistical Appendix analyzes developments in the domestic economy of Uzbekistan. The paper highlights that after declining by 17Â½ percent during 1992â€“94, real GDP fell by only about 1 percent in 1995. The moderation in the output decline was due in part...

Persistent link: https://www.econbiz.de/10005599029

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 …

Persistent link: https://www.econbiz.de/10005604781

Wage Flexibility in Turbulent Times; A Practitioner's Guide

International Monetary Fund (IMF); International … - 2005

methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high … wages, and thus, on the labor market and the real economy, were limited until 1998, but have been quite significant …

Persistent link: https://www.econbiz.de/10005248228

Honduras; Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countr...

International Monetary Fund (IMF); International … - 2006

Hondurasâ€™s request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries is discussed. The social consultation has allowed the government to implement a vital reform of public...

Persistent link: https://www.econbiz.de/10005252558

Netherlands; Selected Issues

International Monetary Fund (IMF); International … - 1996

and public pensions thus move in lock-step; they are both by law indexed to contract wages in the private sector. This … paper examines the structural policies of the Netherlands. Real wages and employment growth are also analyzed. …

Persistent link: https://www.econbiz.de/10005252658

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

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

International Monetary Fund (IMF); International … - 2005

The staff report for the 2005 Article IV Consultation on the Central African Republic (CAR) highlights economic developments and performance. Revenue performance was disappointing, and there were sizable expenditure overruns, particularly on the wage bill. The authorities and IMF staff agreed on...

Persistent link: https://www.econbiz.de/10005252833

Equilibrium Wage Dispersion; An Example

International Monetary Fund (IMF); International … - 2006

-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 when we get two wages, and which wages are actually posted. For an example with K … combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …

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

The Impact of Introducing a Minimum Wageon Business Cycle Volatility; A Structural Analysis for Hong Kong SAR

International Monetary Fund (IMF); International … - 2008

We study the impact of a minimum wage on business cycle volatility, depending upon its coverage and adjustment mechanism. As with other small open economies, Hong Kong SAR is vulnerable to external shocks, with its exchange rate regime precluding active monetary policy. Adjustment to past shocks...

Persistent link: https://www.econbiz.de/10005263930