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Based on the economic literature, various policy measures and institutions in the product and labor markets that increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between Vertical Fiscal Imbalances (VFIs) and fiscal performance...
Persistent link: https://www.econbiz.de/10011244125
This primer aims to provide IMF macroeconomists with the essential information they need to address issues concerning health sector policy, particularly when they have significant macroeconomic implications. Such issues can also affect equity and growth and are fundamental to any strategy of...
Persistent link: https://www.econbiz.de/10005599256
Persistent link: https://www.econbiz.de/10010790465
This Selected Issues paper and Statistical Appendix describes Palau’s financial sector, its recent performance, and developments in regulatory reform. The paper considers illustrative scenarios of possible outcomes for public spending levels and growth under different assumptions with...
Persistent link: https://www.econbiz.de/10011242695
the catch-up in labor utilization productivity and use independent demographic projections and other considerations to … make reasonable assumptions about labor productivity and utilization growth in the future. It uses a simple growth …-accounting framework, and discusses the trends in labor utilization and productivity per hour in the past. The paper also describes the …
Persistent link: https://www.econbiz.de/10005825025
This paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS). The paper focuses on cross-border mobility of labor and examines the implications for policymakers with the help of a general equilibrium model. It finds that cross-border labor...
Persistent link: https://www.econbiz.de/10005825900
We analyze the flexibility of the Canadian labor market across provinces in both an interand intra-national context using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that Canadian labor markets respond in a similar manner to...
Persistent link: https://www.econbiz.de/10005599750
After a short-lived slowdown in the immediate aftermath of the global financial crisis and a swift rebound, emerging markets (EM) are now entering a period of slower growth. In fact, growth is now lower than the post-crisis peak of 2010-11, as well as the rates seen in the decade before the...
Persistent link: https://www.econbiz.de/10010878427
Paraguay’s economy recently experienced particularly large output swings. Economic policies will play a critical role in raising investment by making sure that macroeconomic stability is maintained. The spillovers from the agricultural sector to the rest of the economy are limited. The...
Persistent link: https://www.econbiz.de/10011244461
This Selected Issues paper focuses on financing constraints and productivity in Estonia. The paper examines two …-level total factor productivity (TFP)? These questions are particularly important in the current environment, in which credit …
Persistent link: https://www.econbiz.de/10011244501