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Macroeconomic Policy Lessons of Labor Market Frictions
Yashiv, Eran - Institute for the Study of Labor (IZA) - 2002
effects on labor market outcomes, while employment subsidies or wage tax reductions are not very effective policy instruments. …
Persistent link: https://www.econbiz.de/10005703575
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A Fiscal Stimulus and Jobless Recovery
Cantore, Cristiano; Levine, Paul; Melina, Giovanni - International Monetary Fund (IMF) - 2013
-elasticity-of-substitution (CES) production function, and adjustments in employment both at the intensive as well as the extensive margin. The …
Persistent link: https://www.econbiz.de/10010790312
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Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession
Blanchard, Olivier J.; Jaumotte, Florence; Loungani, Prakash - International Monetary Fund (IMF) - 2013
This paper does two things. First, it articulates what are the main implications of theoretical and empirical research for design of labor market policies and labor market institutions. Second, in this light, the paper analyzes the IMF’s labor market recommendations since the beginning of the...
Persistent link: https://www.econbiz.de/10010790488
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The aggregate effects of long run sectoral reallocation
Reicher, Claire - Institut für Weltwirtschaft (IfW) - 2014
falls in the trend employment-population ratio. The recent shift in the Beveridge Curve during the Great Recession is …
Persistent link: https://www.econbiz.de/10010887017
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Finland; Selected Issues
International Monetary Fund (IMF); International … - 2007
€”to improve employment rates in Finland. It summarizes recent labor market developments in Finland, and investigates respectively … activate recipients, and focuses on strategies to boost youth employment rates. The paper also discusses the possibility of …
Persistent link: https://www.econbiz.de/10011244764
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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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Reconciling Stability and Growth; Smart Pacts and Structural Reforms
Beetsma, Roel M. W. J.; Debrun, Xavier - International Monetary Fund (IMF) - 2003
This paper analyzes the decision of a government facing electoral uncertainty to implement structural reforms in the presence of fiscal restraints similar to the Stability and Growth Pact. The model shows that a pact may harm structural reforms, sacrificing future growth for present stability....
Persistent link: https://www.econbiz.de/10005263795
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Discussion of The Australian Labour Market in the 2000s: The Quiet Decade
Sloan, Judith - Reserve Bank of Australia
Persistent link: https://www.econbiz.de/10009385670
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The Australian Labour Market in the 2000s: The Quiet Decade
Borland, Jeff - Reserve Bank of Australia
Persistent link: https://www.econbiz.de/10009385679
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Indicators of Labour Demand
Edwards, Kim; Gustafsson, Linus - In: RBA Bulletin (2013) September, pp. 1-12
forecasts of employment growth. These include measures of job vacancies, job advertisements and business surveys of employment … intentions. Over the past year, there have been pronounced declines in a number of these indicators and employment growth has … conditions, these indicators provide some leading information on employment growth, although the forecasting performance of …
Persistent link: https://www.econbiz.de/10010691569