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Why is Unemployment High in the Philippines?

Brooks, Ray - International Monetary Fund (IMF) - 2002

relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce unemployment because of … rapid population growth and increased labor force participation. This paper shows that Philippine employment growth and …

Persistent link: https://www.econbiz.de/10005826094

What Determines the Reservation Wages of Unemployed Workers? New Evidence From German Micro Data

Prasad, Eswar - International Monetary Fund (IMF) - 2003

This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who move from … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …

Persistent link: https://www.econbiz.de/10005826626

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 …

Persistent link: https://www.econbiz.de/10005604781

Job-Specific Investment and the Cost of Dismissal Restrictions; The Case of Portugal

Takizawa, H. - International Monetary Fund (IMF) - 2003

Using a search and matching labor market equilibrium model, this paper quantifies lost labor productivity and consumption per worker that emerges from the restrictions on dismissals. Dismissal restrictions hamper the efficient reallocation of workers, with workers remaining longer in jobs. But...

Persistent link: https://www.econbiz.de/10005604782

Institutions, Informality, and Wage Flexibility; Evidence From Brazil

Filho, Irineu E. Carvalho; Estevão, Marcello M. - International Monetary Fund (IMF) - 2012

institutional changes introduced by the 1988 Constitution lowered the sensitivity of real wages to changes in labor market slack and …

Persistent link: https://www.econbiz.de/10011242295

Productivity Growth and Structural Reform in Bulgaria; Restarting the Convergence Engine

Pouvelle, Cyril; Mitra, Pritha - International Monetary Fund (IMF) - 2012

Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural problems in its labor market, reflected in its...

Persistent link: https://www.econbiz.de/10011242306

Real Wage, Labor Productivity, and Employment Trends in South Africa; A Closer Look

Klein, Nir - International Monetary Fund (IMF) - 2012

The paper looks at the dynamics of employment in South Africa and examines the factors that contributed to the job … productivity growth in most sectors, played an important role in suppressing employment creation. The paper also finds that while …

Persistent link: https://www.econbiz.de/10011242317

Intra-Arab Trade; Is it too Little?

Yousef, Tarik; Al-Atrash, Hassan - International Monetary Fund (IMF) - 2000

This paper estimates a gravity model to address the issue of whether intra-Arab trade is too little. Although gravity models have been extensively used to measure bilateral trade among countries, they have—to the best of our knowledge—never been used to measure intra-Arab trade. Our results...

Persistent link: https://www.econbiz.de/10005769204

Stylized Factson Bilateral Trade and Currency Unions; Implications for Africa

Hulej, Michal; Tsangarides, Charalambos G.; Ewenczyk, Pierre - International Monetary Fund (IMF) - 2006

This paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world and Africa. Our empirical findings suggest that, in principle, membership in a currency union should benefit Africa as...

Persistent link: https://www.econbiz.de/10005599381

The WTO Promotes Trade, Strongly But Unevenly

Wei, Shang-Jin; Subramanian, Arvind - International Monetary Fund (IMF) - 2003

This paper furnishes robust evidence that the GATT/WTO has had a powerful and positive impact on trade. The impact has, however, been uneven. GATT/WTO membership for industrial countries has been associated with a large increase in imports estimated at about 40 percent of world trade. The same...

Persistent link: https://www.econbiz.de/10005599641