Narrow search
Showing 1 - 10 of 124
Cover Image
Wage Flexibility in Turbulent Times; A Practitioner's Guide
International Monetary Fund (IMF); International … - 2005
methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high … wages, and thus, on the labor market and the real economy, were limited until 1998, but have been quite significant …
Persistent link: https://www.econbiz.de/10005248228
Cover Image
Finland; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 1996
This Selected Issues paper and Statistical Appendix examines inflation and wage dynamics in Finland. The paper discusses the data set used (quarterly data covering from 1975 to 1995) and the statistical properties of the relevant time series. It presents the model and the empirical estimates,...
Persistent link: https://www.econbiz.de/10005252725
Cover Image
Equilibrium Wage Dispersion; An Example
International Monetary Fund (IMF); International … - 2006
Search models with posting and match-specific heterogeneity generate wage dispersion. Given K values for the match …-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are … posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K …
Persistent link: https://www.econbiz.de/10005263884
Cover Image
Returns to Human Capital and Investment in New Technology
Luzio, Rodolfo; Dunaway, Steven Vincent; Kaufman, … - International Monetary Fund (IMF) - 2001
This paper presents a simple framework that illustrates the link between skill-based wage differentiation and human capital acquisition given skill-biased technical progress. The analysis points to the economic costs resulting from labor market and income redistribution policies that prevent the...
Persistent link: https://www.econbiz.de/10005264106
Cover Image
Financial Sustainability and Reform Options for the Albanian Pension Fund
Treichel, Volker - International Monetary Fund (IMF) - 2001
This paper studies the financial sustainability of the Albanian pension fund and assesses possible options for its reform. The paper concludes that the pension fund is not sustainable in its current form and proposes for the urban scheme a combination of parametric changes to the existing...
Persistent link: https://www.econbiz.de/10005264178
Cover Image
Trade Liberalization and Wage Inequality; Evidence From India
Mishra, Prachi; Kumar, Utsav - International Monetary Fund (IMF) - 2005
-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately …
Persistent link: https://www.econbiz.de/10005825907
Cover Image
The Inflation-Unemployment Trade-Off At Low Inflation
Ricci, Luca Antonio; Benigno, Pierpaolo - International Monetary Fund (IMF) - 2009
policies can play an important role in shaping the trade-off. Third, nominal wages tend to be endogenously rigid also upward …
Persistent link: https://www.econbiz.de/10005825999
Cover Image
Wage Moderation in France
Estevão, Marcello M.; Nargis, Nigar - International Monetary Fund (IMF) - 2002
Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …
Persistent link: https://www.econbiz.de/10005768837
Cover Image
Romania; Third Review Under the Stand-By Arrangement and Request for Waiver of Performance Criterion-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion...
International Monetary Fund (IMF); International … - 2003
This paper assesses Romania’s Third Review Under the Stand-By Arrangement and a Request for Waiver of Performance Criterion. Romania’s macroeconomic performance continued to be favorable, but slippages in wage policy and privatization delayed the completion of the third review....
Persistent link: https://www.econbiz.de/10005591732
Cover Image
Cost of Living Adjustment and Business Cycles; Disaggregated Evidence
Kandil, Magda E. - International Monetary Fund (IMF) - 2000
For a sample of US industries, nominal wage and price inflation follow aggregate price inflation closely during economic expansions. Hence, fluctuations in profit markup and real output are moderate in the face of expansionary demand shocks. During recessions, however, industrial nominal wage...
Persistent link: https://www.econbiz.de/10005599427