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For a sample of 83 financial institutions during 2003–2011, this paper attempts to answer three questions: first, what is the evolution of banks’ stock price exposure to country-level and global risk factors as approximated by equity indices; second, which bank-specific characteristics...
Persistent link: https://www.econbiz.de/10011242342
seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States … rigidities appear to be reducing Canada's capacity for creative destruction, hence undermining productivity growth. …
Persistent link: https://www.econbiz.de/10005263929
increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between …
Persistent link: https://www.econbiz.de/10011244125
Persistent link: https://www.econbiz.de/10005605539
Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …
Persistent link: https://www.econbiz.de/10011242214
The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents...
Persistent link: https://www.econbiz.de/10011245015
productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade …
Persistent link: https://www.econbiz.de/10005248294
We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment … lower separation costs would have experienced a smaller drop in output and in measured total factor productivity with no … significant change in aggregate employment. …
Persistent link: https://www.econbiz.de/10009401199
This Selected Issues paper examines conditions in Colombian labor markets, which present a big challenge to the country. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered underemployed. The paper reviews labor market developments...
Persistent link: https://www.econbiz.de/10005824954
This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable … evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but …. Portugal was an outstanding performer with double-digit productivity increases in large several high-tech industries. The …
Persistent link: https://www.econbiz.de/10005825549