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Belgium; 2004 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2005
This 2004 Article IV Consultation highlights that during the recent upswing, growth in Belgium has been comparatively robust, propelled by strong household spending and supported by the global recovery as well as macroeconomic policies. Tax cuts and wage increases have sustained disposable...
Persistent link: https://www.econbiz.de/10005598973
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International Spillover of Labor Market Reforms
Dao, Mai - International Monetary Fund (IMF) - 2008
This paper uses a dynamic economy model, with unionized labor markets, to analyze the effects of labor market reforms, similar to those recently introduced in Germany, on the domestic and trading partner economies. The model is calibrated on Germany and the rest of the Euro area. The results...
Persistent link: https://www.econbiz.de/10005605373
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Task force: Gewerkschaften, Arbeitsmarktregulierung und Migration in China
Pütten, Jann Christoph von der; Göbel, Christian - Fachbereich Wirtschaftswissenschaften, Universität … - 2013
Funktion chinesischer Gewerkschaften und die Rolle von Tarifverhandlungen im Lohnfindungsprozess, aber auch die grundlegende …
Persistent link: https://www.econbiz.de/10010985720
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Do Interest Groups Affect U.S. Immigration Policy?
Mishra, Prachi; Facchini, Giovanni; Mayda, Anna Maria - International Monetary Fund (IMF) - 2008
While anecdotal evidence suggests that interest groups play a key role in shaping immigration policy, there is no systematic empirical analysis of this issue. In this paper, we construct an industry-level dataset for the United States, by combining information on the number of temporary work...
Persistent link: https://www.econbiz.de/10005263794
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The impact of labor unions on investment-cash flow sensitivity
Chen, Yan-Shing; Chen, I-Ju - In: Journal of Banking & Finance 37 (2013) 7, pp. 2408-2418
This paper empirically examines how labor unions affect investment-cash flow sensitivity using samples from the US … expenditures of firms are 1.71 times more sensitive to internal cash flows when unionization rates increase one standard deviation … are associated with lower cash–cash flow sensitivity, which suggests that the higher investment-cash flow sensitivity in …
Persistent link: https://www.econbiz.de/10010666259
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India's Pattern of Development; What Happened, What Follows?
Subramanian, Arvind; Rajan, Raghuram; Tokatlidis, Ioannis; … - International Monetary Fund (IMF) - 2006
India has followed an idiosyncratic pattern of development, certainly compared with other fast-growing Asian economies. While the importance of services rather than manufacturing is widely noted, within manufacturing India has emphasized skill-intensive rather than laborintensive manufacturing,...
Persistent link: https://www.econbiz.de/10005826605
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Emerging Strains in GCC Labor Markets
Fasano-Filho, Ugo; Goyal, Rishi - International Monetary Fund (IMF) - 2004
Unemployment pressures among nationals are emerging in the Cooperation Council for the Arab States of the Gulf (GCC). 2 At a time when a rapidly growing number of young nationals are entering the labor force and governments are no longer able to act as employers of first and last resort, the...
Persistent link: https://www.econbiz.de/10005599572
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France; 2006 Article IV Consultation: Staff Report, Staff Supplement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2006
France’s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high on the government’s agenda. Tax reforms have improved the economy’s growth potential. Reforms in financial, labor, and product markets are necessary to...
Persistent link: https://www.econbiz.de/10011245675
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Collective Bargaining under Non-binding Contracts
Dobbelaere, Sabien; Luttens, Roland Iwan - Tinbergen Instituut - 2011
We introduce collective bargaining in a static framework where the firm and its risk-neutral employees negotiate over wages in a non-binding contract setting. Our main result is the equivalence between the non-binding collective equilibrium wage-employment contract and the equilibrium contract...
Persistent link: https://www.econbiz.de/10011255786
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Why Has Unemployment in Algeria Been Higher Than in Mena and Transition Countries
Kpodar, Kangni - International Monetary Fund (IMF) - 2007
This paper analyzes the determinants of labor market performance in Algeria. When the model is estimated with panel data on a sample of MENA and transition countries for 1995- 2005, the results suggest that lower growth in labor productivity in Algeria is associated with higher unemployment than...
Persistent link: https://www.econbiz.de/10005248294