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Macroeconomics of Migration in New Member States

Bems, Rudolfs; Schellekens, Philip - International Monetary Fund (IMF) - 2008

This paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS). The paper focuses on cross-border mobility of labor and examines the implications for policymakers with the help of a general equilibrium model. It finds that cross-border labor...

Persistent link: https://www.econbiz.de/10005825900

Italy; Selected Issues

International Monetary Fund (IMF); International … - 2011

Based on the economic literature, various policy measures and institutions in the product and labor markets that increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between Vertical Fiscal Imbalances (VFIs) and fiscal performance...

Persistent link: https://www.econbiz.de/10011244125

Shocking Aspects of Canadian Labor Markets

Sutton, Bennett; Bayoumi, Tamim; Swiston, Andrew - International Monetary Fund (IMF) - 2006

We analyze the flexibility of the Canadian labor market across provinces in both an interand intra-national context using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that Canadian labor markets respond in a similar manner to...

Persistent link: https://www.econbiz.de/10005599750

Yen Bloc or Yuan Bloc; An Analysis of Currency Arrangements in East Asia

Shirono, Kazuko - International Monetary Fund (IMF) - 2009

This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of … generate higher average welfare gains for East Asian countries than currency unions with Japan or the United States. Overall …, Japan does not appear to be a dominant player in forming a currency union in East Asia, and this trend is likely to continue …

Persistent link: https://www.econbiz.de/10005826046

Japanese Corporate Groups and Imports

Citrin, Daniel - International Monetary Fund (IMF) - 1992

Persistent link: https://www.econbiz.de/10005826708

The Path to Higher Growth; Does Revamping Japanâ€™s Dual Labor Market Matter?

Aoyagi, Chie; Ganelli, Giovanni - International Monetary Fund (IMF) - 2013

This paper argues that Japan’s excessive labor market duality can reduce Total Factor Productivity (TFP) due to a … employment protection between regular and non-regular workers would substantially reduce labor market duality in Japan. One …

Persistent link: https://www.econbiz.de/10011242174

Shock from Graying; Is the Demographic Shift Weakening Monetary Policy Effectiveness

Imam, Patrick A. - International Monetary Fund (IMF) - 2013

effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …

Persistent link: https://www.econbiz.de/10011242214

Territorial vs. Worldwide Corporate Taxation; Implications for Developing Countries

Matheson, Thornton; Perry, Victoria J.; Veung, Chandara - International Monetary Fund (IMF) - 2013

Global investment patterns mean that effective taxation of foreign investors is of increasing importance to the economies of lower income countries. It is thus of considerable concern that the historical framework for cross-border income tax arrangements is not always well suited to allow...

Persistent link: https://www.econbiz.de/10011242225

How Inclusive Is Abenomics?

Aoyagi, Chie; Ganelli, Giovanni; Murayama, Kentaro - International Monetary Fund (IMF) - 2015

We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to …

Persistent link: https://www.econbiz.de/10011242353

Global Bonding; Do U.S. Bond and Equity Spillovers Dominate Global Financial Markets?

Bayoumi, Tamim; Bui, Trung - International Monetary Fund (IMF) - 2012

financial markets and spillovers from Europe to Japan. The results also suggest that the uncertainty about the direction of …

Persistent link: https://www.econbiz.de/10011242378