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Fewer Jobs or Smaller Paychecks? Aggregate Crisis Impacts in Selected Middle-Income Countries
Khanna, Gaurav - 2011
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10013120422
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The Effectiveness of Interventions to Reduce Informality in Low- and Middle Income Countries
Jessen, Jonas - 2019
Labor markets in low- and middle income countries are characterized by high levels of informality. A multitude of interventions have therefore been implemented in many countries with the objective to increase the formalization of firms and workers, including information campaigns, simplification...
Persistent link: https://www.econbiz.de/10012865842
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Financial Sector Regulation and Reforms in Emerging Markets : An Overview
Prasad, Eswar S. - 2010
This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial...
Persistent link: https://www.econbiz.de/10013136951
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Nowcasting Business Cycles Using Toll Data
Askitas, Nikos - 2011
-driven economic telemetry, which we suggest should be established more around the world …
Persistent link: https://www.econbiz.de/10013129098
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Globalization, Structural Change and Innovation in Emerging Economies : The Impact on Employment and Skills
Vivarelli, Marco - 2018
skills. In particular, the prescriptions by the conventional trade theory will be contrasted with a view taking into account …
Persistent link: https://www.econbiz.de/10012909972
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Decomposition of Differences in PISA Results in Middle Income Countries
Nieto, Sandra - 2014
Our objective is to analyse the role of teacher and school quality to explain differences in students' educational outcomes. With this aim, we use PISA microdata for 10 middle income and 2 high income countries and we apply decomposition methods in order to identify the role of these factors for...
Persistent link: https://www.econbiz.de/10013057037
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Distributional Effects of Monetary Policy in Emerging Market Economies
Prasad, Eswar S. - 2015
We develop a two-sector, heterogeneous-agent model with incomplete financial markets to study the distributional effects and aggregate welfare implications of alternative monetary policy rules in emerging market economies. Relative to inflation targeting, exchange rate management benefits...
Persistent link: https://www.econbiz.de/10013016221
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Lower and Upper Bound Estimates of Inequality of Opportunity for Emerging Economies
Hufe, Paul; Peichl, Andreas; Weishaar, Daniel - 2021
Equality of opportunity is an important normative ideal of distributive justice. In spite of its wide acceptance and economic relevance, standard estimation approaches suffer from data limitations that can lead to both downward and upward biased estimates of inequality of opportunity. These...
Persistent link: https://www.econbiz.de/10013213351
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China's Emergence in the World Economy and Business Cycles in Latin America
Pesaran, M. Hashem - 2011
world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China's economic growth in the future for both Latin America and the rest of the world economy …
Persistent link: https://www.econbiz.de/10013121741
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The Role of Demographics in Precipitating Crises in Financial Institutions
Macunovich, Diane - 2009
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10013155560