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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
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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
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Kingdom of the Netherlands—Netherlands; 2004 Article IV Consultation—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 Netherlands—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
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The Costs and Benefits of Various Wage Bargaining Structures; An Empirical Exploration
Thomas, Alun H. - International Monetary Fund (IMF) - 2002
The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …
Persistent link: https://www.econbiz.de/10005599636
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The Spanish Labor Market in a Cross-Country Perspective
Jaumotte, Florence - International Monetary Fund (IMF) - 2011
with the EU15, Spanish labor market institutions and policies stand out by the structure of its collective bargaining … quantitative analysis, the paper shows that moving away from the intermediate level of bargaining would go a long way toward … reducing employment protection of permanent workers. Substantially reforming the collective bargaining system and reducing the …
Persistent link: https://www.econbiz.de/10008839336
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Senegal; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2007
This paper focuses on Senegal’s second poverty reduction strategy paper (PRSP–II). It summarizes the results of the participatory PRSP review process prior to final validation and adoption by the government. As an economic and social policy document for growth and poverty reduction...
Persistent link: https://www.econbiz.de/10011242593
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Denmark; Financial Sector Assessment Program-Technical Note-Competition in the Banking Sector
International Monetary Fund (IMF); International … - 2007
This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly competitive and efficient banking sector. Measured by various indicators, efficiency of banking intermediation has been improving in recent years. The banking sector has become...
Persistent link: https://www.econbiz.de/10011244565
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Northern Star; Canada's Path to Economic Prosperity
Klyuev, Vladimir; Mühleisen, Martin; Bayoumi, Tamim - International Monetary Fund (IMF) - 2007
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
Persistent link: https://www.econbiz.de/10011245903
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Macroeconomic Implications of Financial Dollarization; The Case of Uruguay
Gelos, Gaston; Mejía, Alejandro López; Piñón-Farah, … - International Monetary Fund (IMF) - 2008
Uruguay has experienced a remarkable recovery since the 2002 crisis, supported by sound policies and favorable external conditions. With the framework put in place in 2002, Uruguay abandoned an exchange rate peg in favor of a free float, adoped a monetary regime initially based on money targets,...
Persistent link: https://www.econbiz.de/10011245904
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Pricing Debit Card Payment Services; An IO Approach
Tieman, Alexander F.; Bolt, Wilko - International Monetary Fund (IMF) - 2003
This paper presents a theoretical framework for analyzing pricing structures in debit card schemes featuring cardholders, retailers, their respective banks, and a network routing switch. The network routing switch controls the electronic debit card network and is jointly owned by the banks. In...
Persistent link: https://www.econbiz.de/10005264130