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The Impact of Intersectoral Labor Reallocationon Economic Growth

Poirson, Hélène - International Monetary Fund (IMF) - 2000

This study seeks to explain economic growth differences in an aggregate production function framework, where labor reallocation from agriculture to modern sectors influences labor efficiency growth. The econometric analysis uses a panel of 65 countries over 1960-90. The results highlight: (a)...

Persistent link: https://www.econbiz.de/10005263726

How Does Employment Protection Legislation Affect Unemployment in Tunisia? a Search Equilibrium Approach

Fanizza, Domenico; Koranchelian, Taline - International Monetary Fund (IMF) - 2005

This paper applies a search matching model with firing restrictions to examine whether the existence of firing restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that the removal of firing restrictions is likely to...

Persistent link: https://www.econbiz.de/10005264000

Crises, Labor Market Policy, and Unemployment

Furceri, Davide; Bernal-Verdugo, Lorenzo E.; Guillaume, … - International Monetary Fund (IMF) - 2012

Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...

Persistent link: https://www.econbiz.de/10009654166

Mauritius; Unemployment and the Role of Institutions

Yao, James Y.; McDonald, Calvin A. - International Monetary Fund (IMF) - 2003

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this trend was reversed and the rate increased to 10 percent by end-2002. This paper...

Persistent link: https://www.econbiz.de/10005826105

Factor Reallocation and Growth in Developing Countries

Poirson, Hélène - International Monetary Fund (IMF) - 2000

This paper examines the extent to which developing countries benefit from intersectoral factor transfers by specifying the impact and determinants of sectoral changes and of the degree of dualism (or allocation inefficiency) in a dual economy model. Conditions under which factor reallocation is...

Persistent link: https://www.econbiz.de/10005826473

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

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

Italy; 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Italy

International Monetary Fund (IMF); International … - 2009

Italyâ€™s 2008 Article IV Consultation describes the country's economic developments and policies. Output has been projected to contract by about Â½ percent in 2008 and 1 percent in 2009, with risks tilted to the downside, linked to a further slowing of global growth and falling consumer...

Persistent link: https://www.econbiz.de/10011243865

Structural Transformation and the Volatility of Aggregate Output in OECD Countries

Ngouana, Constant Lonkeng - International Monetary Fund (IMF) - 2013

This paper finds a negative relationship between the employment share of the service sector and the volatility of aggregate output in the OECDâ€”after controlling for the level of financial development. This result reflects volatility differentials across sectors: labor productivity is more...

Persistent link: https://www.econbiz.de/10011142123

Peru: Selected Issues Paper

International Monetary Fund (IMF); International … - 2014

This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth … has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its … case of Peru. It takes stock of analytical considerations to resource management, and analyzes Peruâ€™s natural resource …

Persistent link: https://www.econbiz.de/10011244249