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To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession
Steinberg, Chad; Nakane, Masato - International Monetary Fund (IMF) - 2011
the global financial crisis. Our findings suggest that: (i) employment responsiveness has been historically low but rising … historical patterns once we control for the size of the output shock; and (iii) the comparatively lower employment response vis …-à-vis other countries can in part be explained by the quick implementation of an employment subsidy program, a more flexible wage …
Persistent link: https://www.econbiz.de/10008839361
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Tax Administration in Developing Countries; An Economic Perspective
Mansfield, Charles Y. - International Monetary Fund (IMF) - 1987
This paper examines the role of tax administration in developing countries from an economic perspective. The traditional separation of tax policy and tax administration in the literature is shown to break down in developing countries, where tax administrators decide in what manner complicated...
Persistent link: https://www.econbiz.de/10005768804
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Tax Systems Under Fiscal Adjustment; A Dynamic CGE Analysis of the Brazilian Tax Reform
Lledo, Victor Duarte - International Monetary Fund (IMF) - 2005
This paper uses a dynamic computable general equilibrium model (CGE) to analyze the macroeconomic and redistributive effects of replacing turnover and financial transaction taxes in Brazil by a consumption tax. In order to approximate Brazil's compliance with its fiscal adjustment targets, the...
Persistent link: https://www.econbiz.de/10005604980
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Migration, Human Capital, and Poverty in a Dual-Economy of a Developing Country
Masson, Paul R. - International Monetary Fund (IMF) - 2001
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities and the distribution of wealth matter for the migration...
Persistent link: https://www.econbiz.de/10005826021
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The Impact of Tax and Welfare Policieson Employment and Unemployment in OECD Countries
Disney, Richard - International Monetary Fund (IMF) - 2000
employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …
Persistent link: https://www.econbiz.de/10005263942
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Cyprus; Selected Issues
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper explores the economic consequences of aging and its impact on long-term fiscal sustainability for Cyprus. The study analyzes the potential macroeconomic impact of different approaches to deal with the fiscal costs of aging. It goes beyond a simple quantification of the...
Persistent link: https://www.econbiz.de/10011243631
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Minimum Wages and Firm Employment: Evidence from China
Huang, Yi; Loungani, Prakash; Wang, Gewei - International Monetary Fund (IMF) - 2014
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the … impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage … on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on …
Persistent link: https://www.econbiz.de/10011123849
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Former Yugoslav Republic of Macedonia; Selected Issues Paper
International Monetary Fund (IMF); International … - 2013
The Macedonian labor market exhibits a high unemployment rate, yet does not demonstrate obvious and large enough constraints on the demand or supply side. Considerable achievements can be made by maintaining macroeconomic stability, attracting FDI, and closing the educational gaps. The second...
Persistent link: https://www.econbiz.de/10011244331
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Kingdom of the Netherlands; Netherlands: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by...
International Monetary Fund (IMF); International … - 2008
a tightening labor market, inflation remains subdued. Employment has grown 1¼–1½ percent in 2007, on par with the …
Persistent link: https://www.econbiz.de/10011244374
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Sweden; 2006 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden
International Monetary Fund (IMF); International … - 2007
This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by strong global growth and supportive fiscal and monetary policies. Private consumption has served as the engine of expansion, supported by resurgence in investment and buoyant...
Persistent link: https://www.econbiz.de/10011244462