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The payment system : design, management and supervision

Summers, Bruce J. (ed.) - International Monetary Fund - 1994

Persistent link: https://www.econbiz.de/10000888299

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

Investment : Specific Technology Shocks and International Business Cycles: An Empirical Assessment

International Monetary Fund - 2010

In this paper, we first introduce investment-specific technology (IST) shocks to an otherwise standard international real business cycle model and show that a thoughtful calibration of them along the lines of Raffo (2009) successfully addresses the ""quantity"", ""international comovement"",...

Persistent link: https://www.econbiz.de/10014397271

France : 2006 Article IV Consultation: Staff Report, Staff Supplement; and Public Information Notice on the Executive Board Discussion

International Monetary Fund - 2006

France’s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high …

Persistent link: https://www.econbiz.de/10014404839

France, Greece, Italy, Portugal, And Spain : Competitiveness In The Southern Euro Area

International Monetary Fund - 2008

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

Persistent link: https://www.econbiz.de/10014405136

France : Selected Issues

International Monetary Fund - 2005

product markets in France and the other EU countries is discussed, including the size of markups. The paper also looks into …

Persistent link: https://www.econbiz.de/10014405771

France : Financial Sector Assessment Program—Detailed Assessments of Observance of Standards and Codes including Banking Supervision, Insurance Regulation, Securities Legislation,...

International Monetary Fund - 2005

The Detailed Assessments of the Observance of Standards and Codes on France reviews compliance with Basel Core …. France fulfills all prerequisites for effective payment clearing and settlement systems. Capital markets are large and …

Persistent link: https://www.econbiz.de/10014405966

France : Financial Sector Assessment Program—Technical Notes—Stress Testing Methodology and Results; Integration into Global Financial Markets; and Public Intervention in Financial...

International Monetary Fund - 2005

These Technical Notes on France explain integration of global financial markets. The stress tests for the France … constraints of the approach. Retail activity by foreign banks in France is small, but significant. The financial landscape in … France remains characterized by a large number of idiosyncrasies that affect monetary transmission. Macroeconometric models …

Persistent link: https://www.econbiz.de/10014405967