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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
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Trade Liberalization and Wage Inequality; Evidence From India
Mishra, Prachi; Kumar, Utsav - International Monetary Fund (IMF) - 2005
We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure … liberalization has led to decreased wage inequality in India. …
Persistent link: https://www.econbiz.de/10005825907
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Growing (Un)equal: Fiscal Policy and Income Inequality in China and BRIC+
Cevik, Serhan; Correa-Caro, Carolina - International Monetary Fund (IMF) - 2015
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …€”an inverted Ushaped relationship between income inequality and economic development—in China and the panel of BRIC+ countries …. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on …
Persistent link: https://www.econbiz.de/10011242236
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10011142066
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Rising BRICs and Changes in Sub-Saharan Africa’s Business Cycle Patterns
Diallo, Oumar; Tapsoba, Sampawende J.-A. - International Monetary Fund (IMF) - 2014
This paper assesses the extent to which Sub-Saharan Africa (SSA)’s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA’s business cycle has not only moved in the same direction as that of the RoW, but has also gradually drifted away...
Persistent link: https://www.econbiz.de/10011142171
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Liberia; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2008
This paper discusses implementation of the Poverty Reduction Strategy (PRS) in Liberia. Liberia’s PRS articulates the government’s overall vision and major strategies for moving toward rapid, inclusive, and sustainable growth and development during the period 2008–11. This...
Persistent link: https://www.econbiz.de/10011245748
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Do Interest Groups Affect U.S. Immigration Policy?
Mishra, Prachi; Facchini, Giovanni; Mayda, Anna Maria - International Monetary Fund (IMF) - 2008
While anecdotal evidence suggests that interest groups play a key role in shaping immigration policy, there is no systematic empirical analysis of this issue. In this paper, we construct an industry-level dataset for the United States, by combining information on the number of temporary work...
Persistent link: https://www.econbiz.de/10005263794
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Global Rebalancing; Implications for Low-Income Countries
Yang, Yongzheng - International Monetary Fund (IMF) - 2011
While global rebalancing will mainly involve structural realignment among major advanced and emerging market economies, it could have significant impact on low-income countries (LICs). Simulations using a global general equilibrium model show that a more balanced global economy would tend to...
Persistent link: https://www.econbiz.de/10009369449
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On the Distributive Effects of Terms of Trade Shocks; The Role of Non-Tradable Goods
International Monetary Fund (IMF); International … - 2010
We introduce non-tradable goods to the Heckscher-Ohlin-Samuelson (HOS) model to study the distributive effects of terms of trade shocks. We show that the employment of resources in activities producing exclusively for the local market induces a crucial association between domestic spending and...
Persistent link: https://www.econbiz.de/10008727799
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Morocco; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Morocco
International Monetary Fund (IMF); International … - 2005
This 2005 Article IV Consultation highlights that economic growth in Morocco has been volatile and insufficient to significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the dependency of agriculture on rainfalls. In 2004,...
Persistent link: https://www.econbiz.de/10005824903