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Persistent link: https://www.econbiz.de/10005264267
This paper discusses Ireland’s Eleventh Review Under the Extended Arrangement. Policy implementation remains on track but recent weak GDP data point to a slower growth recovery. Real GDP declined in the first quarter, reflecting a fall in exports and weak domestic demand. Nonetheless,...
Persistent link: https://www.econbiz.de/10011243019
broadening. Together with other European periphery countries, Ireland currently enjoys favorable financial market conditions, and … the government has resumed bond auctions at historically low yields. Unemployment is still high even after a significant …
Persistent link: https://www.econbiz.de/10011243517
A positive financial market and real sector developments support Ireland's capacity to exit the EU-IMF supported … execution remains paramount. Improvement in dealing with nonperforming loans and preventing a rise in structural unemployment is …
Persistent link: https://www.econbiz.de/10011243981
growth, and employment. The policy implementation of Ireland continued to remain strong, even though the country has been …
Persistent link: https://www.econbiz.de/10011244130
implementation of strengthened activation policies and SME supports are also required to support growth and contain unemployment. …
Persistent link: https://www.econbiz.de/10011244425
The U.S. labor force participation rate (LFPR) fell dramatically following the Great Recession and has yet to start recovering. A key question is how much of the post-2007 decline is reversible, something which is central to the policy debate. The key finding of this paper is that while around...
Persistent link: https://www.econbiz.de/10011242381
We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …
Persistent link: https://www.econbiz.de/10011242392
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances....
Persistent link: https://www.econbiz.de/10011242364
Persistent link: https://www.econbiz.de/10005769369