Narrow search
Showing 1 - 10 of 429
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
Wage Moderation in France
Estevão, Marcello M.; Nargis, Nigar - International Monetary Fund (IMF) - 2002
large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that …
Persistent link: https://www.econbiz.de/10005768837
Cover Image
A Cointegration Model for Search Equilibrium Wage Formation
International Monetary Fund (IMF); International … - 2004
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the...
Persistent link: https://www.econbiz.de/10005604781
Cover Image
Wage Flexibility in Turbulent Times; A Practitioner's Guide
International Monetary Fund (IMF); International … - 2005
This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such flexibility during times of structural change, when wage distributions and wage curves can be particularly volatile. The paper uses nonparametric estimation to capture possible...
Persistent link: https://www.econbiz.de/10005248228
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...
Persistent link: https://www.econbiz.de/10005263884
Cover Image
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
Cover Image
Wage-Price Setting in New EU Member States
Goretti, Manuela - International Monetary Fund (IMF) - 2008
This paper analyzes wage- and price-setting relations in new EU member countries. Panel estimates indicate a strong and significant relationship between real wages and labor productivity, as well as evidence of wage pass-through to inflation. Terms of trade shocks do not feed through to real...
Persistent link: https://www.econbiz.de/10005605266
Cover Image
Republic of Estonia; Staff Report for the 2011 Article IV Consultation
International Monetary Fund (IMF); International … - 2011
The staff report for the 2011 Article IV Consultation concluded that a vibrant recovery marked Estonia’s first year in the euro area, albeit amid nascent tensions. The economy’s strong rebound has been grounded in a proven track record of prudent macroeconomic policies. Executive...
Persistent link: https://www.econbiz.de/10011142206
Cover Image
Labor Market Pooling
Blasio, Guido De; Addario, Sabrina Di - International Monetary Fund (IMF) - 2002
the likelihood of transiting from wage-and-salary to self-employment. Finally, there is no evidence of higher district …
Persistent link: https://www.econbiz.de/10005825772
Cover Image
Ghana; Poverty Reduction Strategy Paper Annual Progress Report
International Monetary Fund (IMF); International … - 2006
This is the third Annual Progress Report on the implementation of the Ghana Poverty Reduction Strategy (GPRS). Both the …
Persistent link: https://www.econbiz.de/10011242655