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Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession
Blanchard, Olivier J.; Jaumotte, Florence; Loungani, Prakash - International Monetary Fund (IMF) - 2013
This paper does two things. First, it articulates what are the main implications of theoretical and empirical research for design of labor market policies and labor market institutions. Second, in this light, the paper analyzes the IMF’s labor market recommendations since the beginning of the...
Persistent link: https://www.econbiz.de/10010790488
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Okun's Law; Fit at 50?
Ball, Laurence M.; Leigh, Daniel; Loungani, Prakash - International Monetary Fund (IMF) - 2013
This paper asks how well Okun’s Law fits short-run unemployment movements in the United States since 1948 and in … the unemployment rate—varies substantially across countries. This variation is partly explained by idiosyncratic …
Persistent link: https://www.econbiz.de/10011242241