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Banks and Labor As Stakeholders; Impacton Economic Performance

Ueda, Kenichi; Claessens, Stijn - International Monetary Fund (IMF) - 2008

Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been analyzed independently. Yet, theory clearly indicates that the combination of relative powers of different stakeholders affects a firm overall performance. Using U.S. state level and...

Persistent link: https://www.econbiz.de/10005825652

Regional Labor Market Disparities in Belgium

Estevão, Marcello M. - International Monetary Fund (IMF) - 2002

Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within …-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on … employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the …

Persistent link: https://www.econbiz.de/10005826565

Service offshoring, Productivity, and Employment; Evidence From the United States

Amiti, Mary; Wei, Shang-Jin - International Monetary Fund (IMF) - 2005

This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring has a significant positive effect on productivity in...

Persistent link: https://www.econbiz.de/10005768861

Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis

Sun, Yan - International Monetary Fund (IMF) - 2010

Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have large net external liabilities. The paper finds that the main negative impact of...

Persistent link: https://www.econbiz.de/10008542982

Economic Restructuring, Unemployment, and Growth in a Transition Economy

Krajnyák, Kornélia; Chadha, Bankim; Coricelli, Fabrizio - International Monetary Fund (IMF) - 1993

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When …

Persistent link: https://www.econbiz.de/10005599418

Are the French Happy with the 35-Hour Workweek?

Estevão, Marcello M.; Sa, Filipa - International Monetary Fund (IMF) - 2006

size to set up a quasi-experiment and data from the French labor force survey, we show that the law constrained the choice …

Persistent link: https://www.econbiz.de/10005599717

Is the Growth Momentum in Latin America Sustainable?

Sosa, Sebastian; Tsounta, Evridiki; Kim, Hye S - International Monetary Fund (IMF) - 2013

standard (Solow-style) growth accounting methodologies. We find that factor accumulation (especially labor), rather than growth … of capital accumulation and some natural constraints on labor, the strong growth momentum is unlikely to be sustainable …

Persistent link: https://www.econbiz.de/10010790356