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Productivity or Employment; Is It a Choice?
Michelis, Andrea De; Estevão, Marcello M.; Wilson, … - International Monetary Fund (IMF) - 2013
Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends …
Persistent link: https://www.econbiz.de/10011242298
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Saudi Arabia; Selected Issues
International Monetary Fund (IMF); International … - 2012
This chapter reviews developments in GDP over the past several decades. The analysis shows that accumulation of labor and capital explains the bulk of overall output growth since 1990, with changes in total factor productivity playing only a minor role. Moreover, while increases in total factor...
Persistent link: https://www.econbiz.de/10011244822
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Democratic Republic of Timor-Leste; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper presents evidence on linkages between investment and growth observed in other countries to gauge the expected impact of increasing public investment in Timor-Leste. The results indicate that the level of capital expenditure envisioned in the government’s...
Persistent link: https://www.econbiz.de/10011243165
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Republic of Korea; Selected Issues
International Monetary Fund (IMF); International … - 2010
This paper analyzes the implications of global rebalancing in the post-crisis period for Korea and how high leverage in the household and SMEs sectors could affect this process. The first section of the paper discusses implications of global rebalancing for Korea using simulations from the...
Persistent link: https://www.econbiz.de/10011243587
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Italy; Selected Issues
International Monetary Fund (IMF); International … - 2011
increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between …
Persistent link: https://www.econbiz.de/10011244125
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Labor Market Issues in the Caribbean: Scope to Mobilize Employment Growth
Kandil, Magda E.; Lindow, Genevieve; Mansilla, Mario; … - International Monetary Fund (IMF) - 2014
The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean … countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth … to major sources of labor market determinants, in the long and short run. The main determinants of employment include …
Persistent link: https://www.econbiz.de/10010800970
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Slovak Republic; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
This 2013 Article IV Consultation highlights that following a sharp downturn in 2009 in the context of the global economic and financial crisis, Slovakia emerged as one of the fastest-growing economies in the European Union, supported in particular by substantial foreign investment in the auto...
Persistent link: https://www.econbiz.de/10011242589
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Republic of Estonia; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
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Hysteresis in Unemployment and Jobless Recoveries
Plotnikov, Dmitry - International Monetary Fund (IMF) - 2014
(1987). I argue that this feature explains the persistence of the unemployment rate in the U.S. after the Great Recession …
Persistent link: https://www.econbiz.de/10010790439
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Belize; 2008 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion by the Executive Director for Belize
International Monetary Fund (IMF); International … - 2008
Belize’s near-term macroeconomic prospects have improved over the past year. The main risks to growth and financial stability arise from fiscal challenges and deterioration in the global outlook. Despite data limitations that constrain the analysis, the Belize dollar appears broadly in...
Persistent link: https://www.econbiz.de/10011244071