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The energy-bias of North-South technology spillovers: A global, bilateral, bisectoral trade analysis
Hübler, Michael; Glas, Alexander - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
We examine variations in the South-North ratios (emerging vs. industrialized countries) of energy and labor intensities driven by imports. We use the novel World Input-Output Database (WIOD) that provides bilateral and bisectoral data for 40 countries and 35 sectors for 1995-2009. We find...
Persistent link: https://www.econbiz.de/10010985637
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Which indicators of absorptive capacity enhance import-induced South-North convergence in labor intensities?
Hübler, Michael; Glas, Alexander - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
We hypothesize that North-South trade is associated with knowledge spillovers that create labor productivity gains depending on various determinants of Southern absorptive capacity. We use the novel World Input-Output Database (WIOD) that provides bilateral and bisectoral panel data for 39...
Persistent link: https://www.econbiz.de/10010985713
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Precautionary Savings in the Great Recession
Mody, Ashoka; Sandri, Damiano; Ohnsorge, Franziska - International Monetary Fund (IMF) - 2012
Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income...
Persistent link: https://www.econbiz.de/10009654146
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Regional Labor Market Disparities in Belgium
Estevão, Marcello M. - International Monetary Fund (IMF) - 2002
particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment …
Persistent link: https://www.econbiz.de/10005826565
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Turkey at the Crossroads; From Crisis Resolution to EU Accession
McGettigan, Donal; Debrun, Xavier; Griffiths, Mark E. L.; … - International Monetary Fund (IMF) - 2005
nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union …
Persistent link: https://www.econbiz.de/10005767368
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Wage Moderation in France
Estevão, Marcello M.; Nargis, Nigar - International Monetary Fund (IMF) - 2002
Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …
Persistent link: https://www.econbiz.de/10005768837
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Are the French Happy with the 35-Hour Workweek?
Estevão, Marcello M.; Sa, Filipa - International Monetary Fund (IMF) - 2006
Legally mandated reductions in the workweek can be either a constraint on individuals' choice or a tool to coordinate individuals' preferences for lower work hours. We confront these two hypotheses by studying the consequences of the workweek reduction in France from 39 to 35 hours, which was...
Persistent link: https://www.econbiz.de/10005599717
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Do Active Labor Market Policies Increase Employment?
Estevão, Marcello M. - International Monetary Fund (IMF) - 2003
by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …
Persistent link: https://www.econbiz.de/10005604960
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Product Market Regulation and the Benefits of Wage Moderation
Estevão, Marcello M. - International Monetary Fund (IMF) - 2005
unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling and has led some to question the … structurally slower real wage growth, that is, "wage moderation," does raise output growth and lower unemployment rates. However, I …
Persistent link: https://www.econbiz.de/10005605144
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Has the Great Recession Raised U.S. Structural Unemployment?
Estevão, Marcello M.; Tsounta, Evridiki - International Monetary Fund (IMF) - 2011
.C from 1991 to 2008, we present econometric evidence that supports that changes in state-level unemployment rates are linked … causality going from mismatches and housing conditions to unemployment rates. The numerical estimates imply that the structural … unemployment rate in 2010 was about 1¾ percentage points higher than before the onset of the housing market meltdown at end-2006 …
Persistent link: https://www.econbiz.de/10009019607