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International Spillover of Labor Market Reforms
Dao, Mai - 2008
This paper uses a dynamic economy model, with unionized labor markets, to analyze the effects of labor market reforms, similar to those recently introduced in Germany, on the domestic and trading partner economies. The model is calibrated on Germany and the rest of the Euro area. The results...
Persistent link: https://www.econbiz.de/10012677588
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Crises, labor market policy, and unemployment
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor …
Persistent link: https://www.econbiz.de/10009572447
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Government Debt Issuance in the Euro Area
Fund, International Monetary - 2011
countries and Denmark. Using a newly constructed database on primary market debt issuance during 2007-09, we find evidence of a …
Persistent link: https://www.econbiz.de/10012677377
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Valuation of Unlisted Direct Investment Equity
Elkjaer, Thomas - 2009
This paper analyzes the seven valuation methods for unlisted direct investment equity included in the recently adopted IMF Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6). Based on publicly available Danish data, we test the three methods that are generally...
Persistent link: https://www.econbiz.de/10012677498
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Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses.
Rochon, Céline - 2006
Persistent link: https://www.econbiz.de/10012691152
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Do Active Labor Market Policies Increase Employment?
Estevão, Marcello M. - International Monetary Fund (IMF) - 2003
by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …
Persistent link: https://www.econbiz.de/10005604960
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Tests of German Resilience
Bornhorst, Fabian; Mody, Ashoka - International Monetary Fund (IMF) - 2012
From its early post-war catch-up phase, Germany’s formidable export engine has been its consistent driver of growth. But Germany has almost equally consistently run current account surpluses. Exports have powered the dynamic phases and helped emerge from stagnation. Volatile external...
Persistent link: https://www.econbiz.de/10011142028
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Shocking Aspects of Canadian Labor Markets.
Swiston, Andrew - 2006
Intro -- Contents -- I. INTRODUCTION -- II. DATA AND METHODOLOGY -- III. INTERNATIONAL COMPARISONS -- IV. RESULTS ACROSS CANADIAN PROVINCES -- V. EXTENDING THE CANADIAN MODEL -- VI. CONCLUSIONS -- REFERENCES -- Data Appendix.
Persistent link: https://www.econbiz.de/10012691050
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The Inflation-Unemployment Trade-off at Low Inflation
Ricci, Luca Antonio - 2009
relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes …
Persistent link: https://www.econbiz.de/10012677671
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Why Is Tunisia's Unemployment So High? Evidence From Policy Factors
Belgacem, Aymen - 2023
Tunisia has one of the highest unemployment rates within the Middle East and Central Asia. We look at the extent to … which institutional factors explain those high unemployment levels. We also assess unemployment cyclicality, by looking at … institutional factors that affect labor demand explain not only about a quarter of the unemployment rate increase in Tunisia, but …
Persistent link: https://www.econbiz.de/10015059052