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Reducing macroeconomic imbalances in Turkey

Röhn, Oliver; Gönenç, Rauf; Koen, Vincent; Erdoğan … - 2014

domestic saving. Overall, policies should help reduce the risk of disruptions in capital flows as monetary policy stimulus is …

Persistent link: https://www.econbiz.de/10010464946

Upgrading business investment in Turkey

Cilasun, Seyit Mümin; Gönenç, Rauf; Özmen, Mustafa Utku - 2019

Starting from a low level in early 2000s, Turkey’s total capital stock has since expanded rapidly, but the composition and quality of investment raises questions. This study focuses on business investment, as the main driver of physical and knowledge-based capital formation and, hence, of...

Persistent link: https://www.econbiz.de/10011995803

Growing together : towards a more inclusive Ireland

Haugh, David; Jin, Yosuke; González Pandiella, Alberto - 2016

The Irish economy is growing strongly, but there is a risk many households will be left behind despite robust growth. High joblessness especially among the low-educated and skill-biased wage differentials have induced high market income inequality, among the highest in the OECD. Ireland’s...

Persistent link: https://www.econbiz.de/10011577725

The productivity-wage premium : does size still matter in a service economy?

Berlingieri, Giuseppe; Calligaris, Sara; Criscuolo, Chiara - 2018

The literature has established two robust stylised facts: (i) the existence of a firm size-wage premium; and (ii) a positive relationship between firm size and productivity. However, the existing evidence is mainly based on manufacturing data only. With manufacturing nowadays accounting for a...

Persistent link: https://www.econbiz.de/10011911463

Labour market reform for more and better quality jobs in Italy

Jin, Yosuke; Lenain, Patrick - 2015

A well-functioning labour market is indispensable to promote job creation, increase living standards, and develop a cohesive society. In Italy, the various deficiencies of the labour market have resulted in high unemployment, low labour force participation and job-skill mismatch. These...

Persistent link: https://www.econbiz.de/10011399701

Tackling Turkey's external and domestic macroeconomic imbalances

Röhn, Oliver; Gönenç, Rauf; Koen, Vincent; … - 2012

competitiveness problems and a dearth of domestic saving. They need to be addressed using both macroeconomic and structural policy … balanced growth through strengthened competitiveness and greater private saving calls inter alia for increased labour force … menu of saving instruments. Improvements in the business environment would spur foreign direct investment, making for …

Persistent link: https://www.econbiz.de/10009690909

Estimating consumption in the HFCS : experimental results on the first wave of the HFCS

Lamarche, Pierre - 2017

In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for … a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the … questions on consumption asked to households participating in the survey and information on consumption collected in the …