Similar Search Results

Germany; 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germa...

International Monetary Fund (IMF); International … - 2006

The three-point VAT increase is part of a package in which unemployment payroll taxes will be reduced. Risks to the recovery are balanced but the range of forecasts for 2007 is unusually wide. The priority for Germany is to transmit its external strength to the domestic economy, thus further...

Persistent link: https://www.econbiz.de/10011244866

Regional Wage Differentiation and Wage Bargaining Systems in the EU

Vamvakidis, Athanasios - International Monetary Fund (IMF) - 2008

The theoretical literature has argued that a centralized wage bargaining system may result in low regional wage … differentiation and high regional unemployment differentials. The empirical literature has found that centralized wage bargaining … countries with more coordinated wage bargaining systems have lower regional wage differentials, after controlling for regional …

Persistent link: https://www.econbiz.de/10005264211

Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can

International Monetary Fund (IMF); International … - 2012

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position along the curve reveals its preferences over the...

Persistent link: https://www.econbiz.de/10009654152

Unemployment and Productivity in the Long Run; The Role of Macroeconomic Volatility

Surico, Paolo; Ricci, Luca Antonio; Benigno, Pierpaolo - International Monetary Fund (IMF) - 2010

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise in the variance of productivity growth. Evidence...

Persistent link: https://www.econbiz.de/10008727811

Germany; Selected Issues

International Monetary Fund (IMF); International … - 2006

This Selected Issues paper attempts to analyze the end-point problem and improve the quality of potential GDP estimates for Germany. It projects that Germanyâ€™s potential GDP growth will slow over the coming decade, mainly because of declining labor input. The paper focuses on a long-term...

Persistent link: https://www.econbiz.de/10005825173

Regional Economic Disparities in Australia

Ramakrishnan, Uma; Cerisola, Martin D. - International Monetary Fund (IMF) - 2004

Australia's remarkable economic performance during the 1990s has not resulted in a significant convergence of real per capita income, output, and employment levels across the country's states and territories. This paper explores the role of certain economic rigidities that may have contributed...

Persistent link: https://www.econbiz.de/10005826034

Republic of Korea; Selected Issues

International Monetary Fund (IMF); International … - 2003

This Selected Issues paper highlights that the authorities in the Republic of Korea recognize the pension policy challenges ahead, and a first wave of reforms has already been launched. Despite the reforms to date, much remains to be done. Without further reforms, the public pension systems in...

Persistent link: https://www.econbiz.de/10005768475

Measuring the Informal Economy in Latin America and the Caribbean

Vuletin, Guillermo Javier - International Monetary Fund (IMF) - 2008

This paper estimates the size of the informal economy for 32 mainly Latin American and Caribbean countries in the early 2000s. Using a structural equation modeling approach, we find that a stringent tax system and regulatory environment, higher inflation, and dominance of the agriculture sector...

Persistent link: https://www.econbiz.de/10005769022

Global Aging Pressures; Impact of Fiscal Adjustment, Policy Cooperation, and Structural Reforms

Kumar, Manmohan S.; Botman, Dennis P. J. - International Monetary Fund (IMF) - 2007

Demographic pressures will materialize in many economies over the next few decades. We examine the macroeconomic impact of alternative fiscal adjustment and structural reform strategies to address these global aging pressures using the IMF's Global Fiscal Model (GFM). The results suggest...

Persistent link: https://www.econbiz.de/10005769258

Kingdom of the Netherlandsâ€”Netherlands; 2004 Article IV Consultationâ€”Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2004

The staff report for the 2004 Article IV Consultation on the Kingdom of the Netherlandsâ€”Netherlands highlights the economic developments and policies. The economy is beginning to emerge from an extended downturn. Meanwhile, against a background of soft labor market conditions and economic...

Persistent link: https://www.econbiz.de/10005598791