This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage … on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on …

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment …-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to …

Ireland and Spain, reflecting in part a higher amplitude of residential construction. However, the boom- bust cycle has …

This Selected Issues paper analyzes household savings ratio in Spain. The household savings ratio has fallen to its …

This 2014 Article IV Consultation highlights that economic growth in Spain has resumed, and unemployment is falling … consumption has also started to recover owing to improved employment prospects and rising confidence. Executive Directors have …

Executive Board welcomes this development of Spain's financial sector. …

This paper discusses key findings of the progress report on financial sector reforms in Spain. Spain’s European …

international experience of countries in the aftermath of financial crisis. The paper suggests Spain is likely to face a long period …