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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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After the Crisis; Assessing the Damage in Italy
Sgherri, Silvia; Morsy, Hanan - International Monetary Fund (IMF) - 2010
Italy’s deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses, taking a heavy toll on Italy’s economy. With output back to its...
Persistent link: https://www.econbiz.de/10008727814
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Potential Growth in Emerging Asia
Anand, Rahul; Cheng, Kevin C.; Rehman, Sidra; Zhang, Longmei - International Monetary Fund (IMF) - 2014
Using three distinct approaches—statistical filtering, production function, and multivariate model— this paper estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and Vietnam) during 1993–2013. The main...
Persistent link: https://www.econbiz.de/10011142066
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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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The Economic Performance Index (EPI): an Intuitive Indicator for Assessing a Country's Economic Performance Dynamics in an Historical Perspective
Khramov, Vadim; Lee, John Ridings - International Monetary Fund (IMF) - 2013
inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …
Persistent link: https://www.econbiz.de/10010990724
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Why Has Unemployment in Algeria Been Higher Than in Mena and Transition Countries
Kpodar, Kangni - International Monetary Fund (IMF) - 2007
productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …
Persistent link: https://www.econbiz.de/10005248294
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How Does Employment Protection Legislation Affect Unemployment in Tunisia? a Search Equilibrium Approach
Fanizza, Domenico; Koranchelian, Taline - International Monetary Fund (IMF) - 2005
restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia. …
Persistent link: https://www.econbiz.de/10005264000
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Unemployment in Latin America and the Caribbean
International Monetary Fund (IMF); International … - 2011
JEL Cl This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores … the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of … increases in unemployment over time, finding that they are caused by contractions in aggregate demand. These demand contractions …
Persistent link: https://www.econbiz.de/10009369453
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Measuring a Roller Coaster; Evidenceon the Finnish Output Gap
Billmeier, Andreas - International Monetary Fund (IMF) - 2004
The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various empirical methods. It evaluates these methods against economic history and each other by a...
Persistent link: https://www.econbiz.de/10005825681
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Wage Moderation in France
Estevão, Marcello M.; Nargis, Nigar - International Monetary Fund (IMF) - 2002
Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …
Persistent link: https://www.econbiz.de/10005768837