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The Economic Performance Index (EPI): an Intuitive Indicator for Assessing a Country's Economic Performance Dynamics in an Historical Perspective

Khramov, Vadim; Lee, John Ridings - International Monetary Fund (IMF) - 2013

inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …

Persistent link: https://www.econbiz.de/10010990724

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-unemployment …

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

Why Has Unemployment in Algeria Been Higher Than in Mena and Transition Countries

Kpodar, Kangni - International Monetary Fund (IMF) - 2007

productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …

Persistent link: https://www.econbiz.de/10005248294

Physical Capital Adjustment within Spain; Long-Run and Short-Run Analysis

Spilimbergo, Antonio; Mauro, Paolo - International Monetary Fund (IMF) - 2001

This paper considers the adjustment of physical capital within a country in the long run and in the short run. It uses a unique data set on income, labor, human capital, and private and public physical capital in the Spanish regions over the past two decades. In the long run, the movement of...

Persistent link: https://www.econbiz.de/10005263773

Reconciling Stability and Growth; Smart Pacts and Structural Reforms

Beetsma, Roel M. W. J.; Debrun, Xavier - International Monetary Fund (IMF) - 2003

This paper analyzes the decision of a government facing electoral uncertainty to implement structural reforms in the presence of fiscal restraints similar to the Stability and Growth Pact. The model shows that a pact may harm structural reforms, sacrificing future growth for present stability....

Persistent link: https://www.econbiz.de/10005263795

How Does Employment Protection Legislation Affect Unemployment in Tunisia? a Search Equilibrium Approach

Fanizza, Domenico; Koranchelian, Taline - International Monetary Fund (IMF) - 2005

restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia. …

Persistent link: https://www.econbiz.de/10005264000

Regional Convergence and the Role of Federal Transfers in Canada

Swagel, Phillip; Dunaway, Steven Vincent; Kaufman, … - International Monetary Fund (IMF) - 2003

Differences in per capita output across Canadian provinces have narrowed less than disparities in per capita income in past decades. Using a panel regression framework, this paper studies the differential impact of federal transfer programs on output convergence. The evidence suggests that while...

Persistent link: https://www.econbiz.de/10005264150

A Model of Multiple Equilibria in Geographic Labor Mobility

Ubeda, Luis; Spilimbergo, Antonio - International Monetary Fund (IMF) - 2002

exogenous manner by introducing ex-ante regulations or unemployment benefits. This model can also explain why individuals from …

Persistent link: https://www.econbiz.de/10005264165

Demographic Transition in the Middle East; Implications for Growth, Employment, and Housing

Bhattacharya, Rina; Yousef, Tarik; Dhonte, Pierre - International Monetary Fund (IMF) - 2000

by emphasizing the importance of market-friendly institutions in turning the challenge into opportunity. …

Persistent link: https://www.econbiz.de/10005264176

Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can

International Monetary Fund (IMF); International … - 2012

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

Persistent link: https://www.econbiz.de/10009654152