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Macro Effects of Corporate Restructuring in Japan
Kim, Se-Jik - International Monetary Fund (IMF) - 2003
This paper presents a framework for quantitatively evaluating the macroeconomic effects of corporate restructuring and applies it to Japan. Using firm-level financial statement data, it estimates total factor productivity (TFP) of individual Japanese firms. Given the estimated distribution of...
Persistent link: https://www.econbiz.de/10005248188
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Obtstacles to Faster Growth in Transition Economies; The Mongolian Case
Black, Stabley W. - International Monetary Fund (IMF) - 2001
The obstacles to economic growth in Mongolia are modeled with a supply-side growth model calibrated to represent inefficient use of resources and intermediation. Progressive removal of inefficiencies over time by means of privatization of banks and industrial enterprises potentially leads to...
Persistent link: https://www.econbiz.de/10005263703
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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 … rapid technological progress. At the same time, the share of labor in national income decreased in most advanced countries …. This paper uses a labor share equation derived from a translog revenue function to estimate the contributions of …
Persistent link: https://www.econbiz.de/10005768889
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Capital Flows and Demographics; An Asian Perspective
Lueth, Erik - International Monetary Fund (IMF) - 2008
emerge, when labor forces change according to the 2007 UN population projections. It finds that demographic factors are no …
Persistent link: https://www.econbiz.de/10005768978
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Allocating Business Income between Capital and Labor under a Dual Income Tax; The Case of Iceland
Matheson, Thornton; Kollbeins, Pall - International Monetary Fund (IMF) - 2012
capital and labor based on administratively set minimum wages rather than an imputed return to book assets.  This paper … shift would also raise the tax burden of skilled labor-intensive industries more than it would that of capital …
Persistent link: https://www.econbiz.de/10011242210