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Does Public-Sector Employment Fully Crowd Out Private-Sector Employment?
Behar, Alberto; Mok, Junghwan - International Monetary Fund (IMF) - 2013
We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled … private-sector employment rates and high proportions of government-sector employment. Regressions of either private …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that …
Persistent link: https://www.econbiz.de/10010790351
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Indirect Taxeson International Aviation
Strand, Jon; Keen, Michael - International Monetary Fund (IMF) - 2006
This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...
Persistent link: https://www.econbiz.de/10005769201
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Dealing with High Debt in an Era of Low Growth
Abbas, S. M. Ali; Akitoby, Bernardin; Andritzky, Jochen R. - International Monetary Fund (IMF) - 2013
task has become particularly challenging in European advanced economies where expectations of low growth and limits to monetary policy support are shifting the burden of adjustment onto fiscal consolidation. The SDN will investigate the main drivers behind successful past debt reversals,...
Persistent link: https://www.econbiz.de/10010878429
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Why Are Japanese Wages so Sluggish?
Sommer, Martin - International Monetary Fund (IMF) - 2009
felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment …
Persistent link: https://www.econbiz.de/10004999951
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Women, Work, and the Economy:Macroeconomic Gains from Gender Equity
Elborgh-Woytek, Katrin; Newiak, Monique; Kochhar, Kalpana; … - International Monetary Fund (IMF) - 2013
The proposed SDN discusses the specific macro-critical aspects of women’s participation in the labor market and the constraints that prevent women from developing their full economic potential. Building on earlier Fund analysis, work undertaken by other organizations and academic research, the...
Persistent link: https://www.econbiz.de/10010790480
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Recession and Policy Transmission to Latin American tourism; Does Expanded Travel to Cuba offset Crisis Spillovers?
Wolfe, Andrew M.; Romeu, Rafael - International Monetary Fund (IMF) - 2011
This study measures the impact of changing economic conditions in OECD countries on tourist arrivals to countries/destinations in Latin America and the Caribbean. A model of utility maximization across labor, consumption of goods and services at home, and consumption of tourism services across...
Persistent link: https://www.econbiz.de/10008839340
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Medium-Term Fiscal Multipliers during Protracted Recessions
Dell'Erba, Salvatore; Poplawski-Ribeiro, Marcos; … - International Monetary Fund (IMF) - 2014
Jorda’s (2005) local projection methodology, we find that cumulative fiscal multipliers related to output, employment and … consolidation plans to reduce public debt burdens should proceed gradually if economic activity remains below trend for a prolonged …
Persistent link: https://www.econbiz.de/10011142040
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Republic of Belarus; Selected Issues
International Monetary Fund (IMF); International … - 2012
economy, and presents an overview of economic benefits of deregulation, labor market liberalization, and enterprise reform …
Persistent link: https://www.econbiz.de/10011245717
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Romania; Fourth Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria—Staff Report; Staff Statement; Press Release on the Executive Board Discussio...
International Monetary Fund (IMF); International … - 2003
a widening of the current account deficit. IMF staff noted the delay in preparing the privatization strategy for the … energy sector, and encouraged the authorities to make every effort to complete the privatization of the energy sector. …
Persistent link: https://www.econbiz.de/10005252787
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State-Owned Banks, Stability, Privatization, and Growth; Practical Policy Decisions in a World without Empirical Proof
Andrews, Michael - International Monetary Fund (IMF) - 2005
This paper provides an overview of the possible linkages between state-owned banks, privatization, and banking sector … provide guidance to policymakers regarding bank privatization. …
Persistent link: https://www.econbiz.de/10005769003