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Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends …
Persistent link: https://www.econbiz.de/10011242298
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
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
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
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
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
(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
Related links: http://www.richmondfed.org/publications/research/region_focus/2012/q2-3/cover_weblinks.cfm>
Persistent link: https://www.econbiz.de/10010722928
This paper estimates potential growth in the Philippines using different methodologies, and discusses growth prospects for the medium term. Several approaches can be used to estimate potential growth. It also describes a forecasting and monetary policy analysis system (FPAS) model. Using the...
Persistent link: https://www.econbiz.de/10011243322
Botswana. The IMF report analyzes that large public employment significantly affect labor market outcomes in middle …
Persistent link: https://www.econbiz.de/10011243359