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Wage-Price Setting in New EU Member States
Goretti, Manuela - International Monetary Fund (IMF) - 2008
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 wages. Country-specific wage developments, beyond differences in labor …
Persistent link: https://www.econbiz.de/10005605266
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How Has the Globalization of Labor Affected the Labor Income Share in Advanced Countries?
Jaumotte, Florence; Tytell, Irina - International Monetary Fund (IMF) - 2007
Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China, India and the former Eastern bloc into the world trading system, the removal of restrictions on trade and capital flows, and rapid technological progress. At the same time, the...
Persistent link: https://www.econbiz.de/10005768889
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Bulgaria: Selected Issues Paper
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global...
Persistent link: https://www.econbiz.de/10011245618
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Aging Populations and Public Pension Schemes
Chand, Sheetal K.; Jaeger, Albert - International Monetary Fund (IMF) - 1996
Persistent link: https://www.econbiz.de/10005590852
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The Challenge of Public Pension Reform in Advanced and Emerging Economies
Clements, Benedict J.; Coady, David; Eich, Frank; … - International Monetary Fund (IMF) - 2013
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where...
Persistent link: https://www.econbiz.de/10010790493
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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
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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
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Equilibrium Wage Dispersion; An Example
International Monetary Fund (IMF); International … - 2006
-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 … combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …
Persistent link: https://www.econbiz.de/10005263884
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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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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