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Structural reform packages, sequencing, and the informal economy

Munkacsi, Zsuzsa; Saxegaard, Magnus - 2017

This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We examine both the long-run effects and the transition towards the post-reform equilibrium, while our main focus are reform packages and...

Persistent link: https://www.econbiz.de/10011704605

Women's opportunities and challenges in Sub-Saharan African job markets

Dieterich, Christine; Huang, Anni; Thomas, Alun - 2016

As labor market data is scarce in Sub-Saharan Africa (SSA), this paper uses household survey data to analyze the determinants of the gender gap in the labor market and its welfare implications for five SSA countries in multinomial logit models with propensity score matching method. The analysis...

Persistent link: https://www.econbiz.de/10011711532

Discrepancies Between Quarterly GDP Estimates

Bloem, Adriaan M. - 1997

Countries compiling quarterly estimates for gross domestic product (GDP) often use alternative approaches simultaneously. This may result in the publication of different measures of quarterly GDP and discrepancies between these measures. Such discrepancies are unavoidable, unless reconciliation...

Persistent link: https://www.econbiz.de/10014401272

Fear of Service Outsourcing : Is it Justified?

Amiti, Mary - 2004

The recent media and political attention on service outsourcing from developed to developing countries gives the impression that outsourcing is exploding. As a result, workers in industrial countries are anxious about job losses. This paper aims to establish what are the hypes and what are the...

Persistent link: https://www.econbiz.de/10014402045

Inflation Targeting in Practice

Debelle, Guy - 1997

In recent years, an inflation targeting framework for monetary policy has been adopted in a number of industrial … five features of the framework: the assignment of the target, the interaction with other policy goals, the definition of …

Persistent link: https://www.econbiz.de/10014403362

Toward a Statutory Approach to Sovereign Debt Restructuring : Lessons From Corporate Bankruptcy Practice Around the World

Bolton, Patrick - 2003

This paper provides an overview of key elements of Corporate Bankruptcy Codes and Practice around the world that are …

Persistent link: https://www.econbiz.de/10014403841

Firm-Level Evidenceon International Stock Market Comovement

Brooks, Robin - 2003

We explore the link between international stock market comovement and the degree to which firms operate globally. Using stock returns and balance sheet data for companies in 20 countries, we estimate a factor model that decomposes stock returns into global, country-specific and industry-specific...

Persistent link: https://www.econbiz.de/10014403861

The Case for a Long-Run Inflation Target of Four Percent

Ball, Laurence M. - 2014

target four percent inflation. A four percent target would ease the constraints on monetary policy arising from the zero …

Persistent link: https://www.econbiz.de/10014411397

Measurement of aggregate trade restrictions and their economic effects

Estefania-Flores, Julia; Furceri, Davide; Ahmed Hannan, … - 2022

Arrangements and Exchange Restrictions. MATR is an empirical measure of how restrictive official government policy is towards the … international flow of goods and services. MATR is simple, ad hoc, plausible, quantitative, easily updated, based solely on policy …-relevant measures of trade policy, and covers an unbalanced sample of up to 157 countries annually between 1949 and 2019. MATR is …

Persistent link: https://www.econbiz.de/10013170594

Macroprudential policy and labor market dynamics in emerging economies

Finkelstein Shapiro, Alan; González, Andrés - 2015

Persistent link: https://www.econbiz.de/10011281617

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