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Returns to Human Capital and Investment in New Technology
Luzio, Rodolfo; Dunaway, Steven Vincent; Kaufman, … - International Monetary Fund (IMF) - 2001
This paper presents a simple framework that illustrates the link between skill-based wage differentiation and human … United Kingdom, and the United States. Differences in wage differen-tiation and investment in new technologies among these …
Persistent link: https://www.econbiz.de/10005264106
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Globalization and Income Inequality; A European Perspective
Harjes, Thomas - International Monetary Fund (IMF) - 2007
There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These concerns have often surfaced in response to falling labor income shares in aggregate national income data. However, these data may tell little about the underlying distribution...
Persistent link: https://www.econbiz.de/10005769241
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Search in the Labor Market Under Imperfectly Insurable Income Risk
Roca, Mauro - International Monetary Fund (IMF) - 2009
This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the … observed in the U.S. A key mechanism is the joint influence of imperfect insurance and risk aversion in the wage bargaining …
Persistent link: https://www.econbiz.de/10008528693
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Hong Kong SAR; Meeting the Challenges of Integration with the Mainland
Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004
implications of, rising wage inequality in Hong Kong SAR. Section VII presents an overview of recent developments in the financial …
Persistent link: https://www.econbiz.de/10005590857
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Mozambique; Recent Economic Developments
International Monetary Fund (IMF); International … - 1997
This paper reviews economic developments in the Republic of Mozambique during 1990–96. Under the Economic and Social Rehabilitation Program (ESRP), the economy has made impressive economic gains. Real GDP growth averaged 6.7 percent in 1987–95, despite the civil war, a decline in...
Persistent link: https://www.econbiz.de/10005591642
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Quantifying the Impact of Tradeon Wages; The Role of Nontraded Goods
Tokarick, Stephen - International Monetary Fund (IMF) - 2002
widening wage gap. Also, changes in total factor productivity had a small effect on relative wages. The major factor behind the … rise in the skilled wage relative to the unskilled wage was differential rates of growth in skill-biased technical change … across sectors. The paper also highlights the role that nontraded goods play in explaining the wage gap. Finally, the paper …
Persistent link: https://www.econbiz.de/10005599575
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Price Liberalization in Russia; The Early Record
Koen, Vincent; Phillips, Steven - International Monetary Fund (IMF) - 1992
Prices in Russia have been decontrolled in several steps since early 1991, after decades of near-fixity. Their behavior before and after the January 1992 price liberalization is analyzed here, as are the associated movements of wages and overall consumer incomes and expenditures. The emphasis is...
Persistent link: https://www.econbiz.de/10005605004
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Household Income As a Determinant of Child Labor and School Enrollment in Brazil; Evidence From a Social Security Reform
Filho, Irineu E. Carvalho - International Monetary Fund (IMF) - 2008
This paper studies the effects of household income on labor participation and school enrollment of children aged 10 to 14 in Brazil using a social security reform as a source of exogenous variation in household income. Estimates imply that the gap between actual and full school enrollment was...
Persistent link: https://www.econbiz.de/10005605307
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Identifying Constraints to Financial Inclusion and Their Impact on GDP and Inequality: A Structural Framework for Policy
Dabla-Norris, Era; Ji, Yan; Townsend, Robert; Unsal, D. … - International Monetary Fund (IMF) - 2015
We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each of these constraints separately, and in combination, on GDP and inequality. We focus on three...
Persistent link: https://www.econbiz.de/10011163128
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Mexico; Financial Sector Assessment Program Update: Technical Note: The Pension Annuity Market
International Monetary Fund (IMF); International … - 2007
This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The...
Persistent link: https://www.econbiz.de/10011244170