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Shocking Aspects of Canadian Labor Markets
Sutton, Bennett; Bayoumi, Tamim; Swiston, Andrew - International Monetary Fund (IMF) - 2006
using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that …
Persistent link: https://www.econbiz.de/10005599750
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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
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Income Inequality and Fiscal Policy
Coady, David; Gupta, Sanjeev - International Monetary Fund (IMF) - 2012
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010878430
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Does Public-Sector Employment Fully Crowd Out Private-Sector Employment?
Behar, Alberto; Mok, Junghwan - International Monetary Fund (IMF) - 2013
Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that … rates and do not reduce overall unemployment rates. …
Persistent link: https://www.econbiz.de/10010790351
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Income Inequality and Fiscal Policy (2nd Edition)
Bastagli, Francesca; Coady, David; Gupta, Sanjeev - International Monetary Fund (IMF) - 2012
This note will describe recent trends in income inequality in both advanced and developing economies and how tax and expenditure policies have impacted on these trends. It will discuss how tax and expenditure policies should be designed to bring about a more equitable distribution of income, as...
Persistent link: https://www.econbiz.de/10010790477
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Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries
Stepanyan, Ara; Leigh, Lamin - International Monetary Fund (IMF) - 2015
unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment … to long-run. Our findings do not provide any evidence that public employment reduces unemployment rate. The analysis in …
Persistent link: https://www.econbiz.de/10011163122
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Recent U.S. Labor Force Dynamics: Reversible or not?
Balakrishnan, Ravi; Dao, Mai; Sole, Juan; Zook, Jeremy - International Monetary Fund (IMF) - 2015
The U.S. labor force participation rate (LFPR) fell dramatically following the Great Recession and has yet to start recovering. A key question is how much of the post-2007 decline is reversible, something which is central to the policy debate. The key finding of this paper is that while around...
Persistent link: https://www.econbiz.de/10011242381
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Uncertainty and Unemployment: The Effects of Aggregate and Sectoral Channels
Choi, Sangyup; Loungani, Prakash - International Monetary Fund (IMF) - 2015
We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …
Persistent link: https://www.econbiz.de/10011242392
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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
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Debt Sustainability, Public Investment, and Natural Resources in Developing Countries: the DIGNAR Model
Melina, Giovanni; Yang, Shu-Chun S.; Zanna, Luis-Felipe - International Monetary Fund (IMF) - 2014
This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries. DIGNAR is a dynamic, stochastic model of a small open...
Persistent link: https://www.econbiz.de/10011123850