Showing 41 - 50 of 196,633
This paper discusses findings of the fourth review under an Extended Fund Facility Arrangement with Portugal. One year into the program, the authorities are making progress in reducing economic imbalances. The delicate balance between orderly deleveraging and improving competitiveness also...
Persistent link: https://www.econbiz.de/10011245120
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results … employment growth, including through sizable interaction effects. Based on these findings, the paper develops a theoretical …
Persistent link: https://www.econbiz.de/10005769319
Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes underlying such dispersion. According to our empirical findings, persistent RULC growth differentials can...
Persistent link: https://www.econbiz.de/10009019597
should be broadened to include more explicitly the objective of raising employment rates to foster potential growth. The … market adjustment, and illustrates the benefits of a two-pronged strategy. The paper also examines employment effects of …
Persistent link: https://www.econbiz.de/10005591211
healthy pace in 2005, driven by private consumption as well as a likely strengthening of corporate investment and employment …
Persistent link: https://www.econbiz.de/10005598973
This paper focuses on Cape Verde’s Growth and Poverty Reduction Strategy (GPRS). The GPRS is part of a broader strategic planning exercise that has been under way in Cape Verde and has as main pillars the Grand Options of the Plan 2002–05 (GOP) and the National Development Plan...
Persistent link: https://www.econbiz.de/10005252928
Important issues of the Netherlands are discussed. Openness to trade has benefited the Netherlands before the crisis and has supported the recent recovery process. However, both financial openness and trade linkages have also been a transmission channel for the financial crisis. Synchronized...
Persistent link: https://www.econbiz.de/10011243183
unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position …
Persistent link: https://www.econbiz.de/10009654152
-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that …We quantify the extent to which public-sector employment crowds out private-sector employment using specially assembled … Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low …
Persistent link: https://www.econbiz.de/10010790351
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