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Söderling, Ludvig; Simonovska, Ina - International Monetary Fund (IMF) - 2008

neoclassical growth model with time-varying frictions (wedges). We analyze the relative importance of efficiency, labor, investment … the efficiency and labor wedges have had the greatest impact. We also compare our results with existing studies on …

Persistent link: https://www.econbiz.de/10005263664

Banks and Labor As Stakeholders; Impacton Economic Performance

Ueda, Kenichi; Claessens, Stijn - International Monetary Fund (IMF) - 2008

Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been analyzed independently. Yet, theory clearly indicates that the combination of relative powers of different stakeholders affects a firm overall performance. Using U.S. state level and...

Persistent link: https://www.econbiz.de/10005825652

Do Technology Shocks Lead to Productivity Slowdowns? Evidence From Patent Data

Christiansen, Lone Engbo - International Monetary Fund (IMF) - 2008

This paper provides empirical evidence on the response of labor productivity to the arrival of new inventions. The … analysis shows that labor productivity may temporarily fall below trend after technological progress. However, the effects on …

Persistent link: https://www.econbiz.de/10005768749

Service offshoring, Productivity, and Employment; Evidence From the United States

Amiti, Mary; Wei, Shang-Jin - International Monetary Fund (IMF) - 2005

This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring has a significant positive effect on productivity in...

Persistent link: https://www.econbiz.de/10005768861

How Has the Globalization of Labor Affected the Labor Income Share in Advanced Countries?

Jaumotte, Florence; Tytell, Irina - International Monetary Fund (IMF) - 2007

Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China … rapid technological progress. At the same time, the share of labor in national income decreased in most advanced countries …. This paper uses a labor share equation derived from a translog revenue function to estimate the contributions of …

Persistent link: https://www.econbiz.de/10005768889

Capital Flows and Demographics; An Asian Perspective

Lueth, Erik - International Monetary Fund (IMF) - 2008

emerge, when labor forces change according to the 2007 UN population projections. It finds that demographic factors are no …

Persistent link: https://www.econbiz.de/10005768978

Governance and Fund Management in the Chinese Pension System

Hu, Yu-Wei; Impavido, Gregorio; Li, Xiaohong - International Monetary Fund (IMF) - 2009

The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the...

Persistent link: https://www.econbiz.de/10008540915

Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis

Sun, Yan - International Monetary Fund (IMF) - 2010

Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of...

Persistent link: https://www.econbiz.de/10008542982

Are the French Happy with the 35-Hour Workweek?

Estevão, Marcello M.; Sa, Filipa - International Monetary Fund (IMF) - 2006

size to set up a quasi-experiment and data from the French labor force survey, we show that the law constrained the choice …

Persistent link: https://www.econbiz.de/10005599717