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Institutions, Informality, and Wage Flexibility; Evidence From Brazil

Filho, Irineu E. Carvalho; Estevão, Marcello M. - International Monetary Fund (IMF) - 2012

unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the … could have contributed to the ensuing higher rates of unemployment in the country. Moreover, the paper shows that states …

Persistent link: https://www.econbiz.de/10011242295

Unemployment and Labor Market Issues in Algeria

Furceri, Davide - International Monetary Fund (IMF) - 2012

The aim of this paper is to analyze unemployment and labor market developments in Algeria and assess the factors that … rigid labor market are the main factors behind the still high level of unemployment, particularly among the youth …. Simulation analyses, based on the results on the relation between labor market institutions and unemployment, show that …

Persistent link: https://www.econbiz.de/10010790348

Lessons from Successful Labor Market Reformers in Europe

Annett, Anthony - International Monetary Fund (IMF) - 2007

Welfare states can be reformed successfully, and popular support for reforms can be maintained. But this requires an internally consistent package of labor market, fiscal, and product market reforms, including some kind of buy-in, through, for example, tax cuts. Empirical analysis combined with...

Persistent link: https://www.econbiz.de/10010790442

Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession

Blanchard, Olivier J.; Jaumotte, Florence; Loungani, Prakash - International Monetary Fund (IMF) - 2013

This paper does two things. First, it articulates what are the main implications of theoretical and empirical research for design of labor market policies and labor market institutions. Second, in this light, the paper analyzes the IMF’s labor market recommendations since the beginning of the...

Persistent link: https://www.econbiz.de/10010790488

Wage Moderation in France

Estevão, Marcello M.; Nargis, Nigar - International Monetary Fund (IMF) - 2002

Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …

Persistent link: https://www.econbiz.de/10005768837

Cyprus; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2005

This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The paper describes the legal and institutional framework of the Cypriot labor market, and discusses the voluntary framework for negotiations, the degree of unionization and the system...

Persistent link: https://www.econbiz.de/10005598850

The Unbearable Stability of the German Wage Structure; Evidence and Interpretation

Prasad, Eswar - International Monetary Fund (IMF) - 2000

for interpreting trends in wage shares, capital-labor ratios, and aggregate unemployment. …

Persistent link: https://www.econbiz.de/10005599346

The Costs and Benefits of Various Wage Bargaining Structures; An Empirical Exploration

Thomas, Alun H. - International Monetary Fund (IMF) - 2002

The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …

Persistent link: https://www.econbiz.de/10005599636

Centralized Bargaining, Efficiency Wages, and Flexibility

Ramaswamy, Ramana; Rowthorn, Bob - International Monetary Fund (IMF) - 1993

The main focus of the “wage bargaining” literature has been on the factors promoting real wage flexibility at the macro level. This paper, in contrast, examines the microeconomic issues of wage bargaining. More specifically, this paper appraises the following questions: (a) what are the...

Persistent link: https://www.econbiz.de/10005599701

A Cointegration Model for Search Equilibrium Wage Formation

International Monetary Fund (IMF); International … - 2004

market flows on wage formation as an alternative to the traditional specification of wage equations in which unemployment …

Persistent link: https://www.econbiz.de/10005604781