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Fostering Growth in Europe Now
Barkbu, Bergljot; Rahman, Jesmin; Valdés, Rodrigo O. - International Monetary Fund (IMF) - 2012
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010790482
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Inflation and Output Comovement in the Euro Area; Love at Second Sight?
Andrle, Michal; Bruha, Jan; Solmaz, Serhat - International Monetary Fund (IMF) - 2013
This paper discusses comovement between inflation and output in the euro area. The strength of the comovement may not … frequency, the output and core inflation comovement is high and stable, and that inflation lags the cycle in output with roughly … half of its variance. The strong relationship of output and inflation hints at the importance of demand shocks for the euro …
Persistent link: https://www.econbiz.de/10011242325
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Denmark; 2010 Article IV Consultation-Staff Report; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for De...
International Monetary Fund (IMF); International … - 2010
Denmark’s flexicurity model has performed well during the crisis. The actions and the improvement in economic conditions have restored overall stability to the banking system. Private consumption has been dented by the decline in housing prices and net household wealth. Exports have...
Persistent link: https://www.econbiz.de/10011244600
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Denmark; Selected Issues
International Monetary Fund (IMF); International … - 2006
The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment performance and the flexicurity model. It also presents...
Persistent link: https://www.econbiz.de/10011245015
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Colombia; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper examines conditions in Colombian labor markets, which present a big challenge to the country. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered underemployed. The paper reviews labor market developments...
Persistent link: https://www.econbiz.de/10005824954
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Danish for All? Balancing Flexibility with Security; The Flexicurity Model
Zhou, Jian-Ping - International Monetary Fund (IMF) - 2007
The Danish flexicurity model has attracted attention among policymakers in Europe, because it suggests that a flexible labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960-2002, the paper identifies the elements of the...
Persistent link: https://www.econbiz.de/10005825613
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Reforming Employment Protection Legislation in France
Zhou, Jian-Ping - International Monetary Fund (IMF) - 2006
Over the last 15 years, the reforms of employment protection legislation (EPL) in European countries have mainly eased hiring and firing restrictions for temporary employment while leaving the strict EPL provisions for regular or permanent contracts unchanged. Recent reforms in France follow...
Persistent link: https://www.econbiz.de/10005825839
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Wage Compression, Employment Restrictions and Unemployment; The Case of Mauritius
International Monetary Fund (IMF); International … - 2004
Governments often intervene in labor markets with the aim of reducing inequality and promoting employment. Such intervention often results in wage compression and restrictions on how firms use their workers. This paper investigates the impact of such interventions on the labor market conditions...
Persistent link: https://www.econbiz.de/10005826536
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The Italian Labor Market; Recent Trends, Institutions, and Reform Options
Schindler, Martin - International Monetary Fund (IMF) - 2009
Despite improvements in labor market performance over the past decade, owing in part to past reforms, Italy's employment and productivity outcomes continue to lag behind those of its European peers. This paper reviews Italy's institutional landscape and labor market trends from a cross-country...
Persistent link: https://www.econbiz.de/10005826596
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Reforming Labor and Product Markets; Some Lessons From Two Decades of Experiments in Europe
Boeri, Tito - International Monetary Fund (IMF) - 2005
This paper evaluates European structural reforms over the last 20 years, in light of economic theory predictions about …
Persistent link: https://www.econbiz.de/10005826643