Using the Albrecht et al. (2003) version of the Machado and Mata (2005) decomposition technique along the wage distribution, we find that immigrant workers do not affect changes in the Czech wage structure between 2002 and 2006 despite their substantial inflows. Instead, changes in the wage...

This paper describes a parsimonious methodology employed by the World Bank for estimating potential output using the production function method. Despite the necessity of strong assumptions, sensitivity analysis suggests the reported estimates for 159 countries are robust to alternative...

This Staff Discussion Note looks at the stark fiscal challenges posed by the decline and aging of populations between now and 2100. It finds that without reforms, pensions and health spending would rise to 25 percent of GDP by end-century in more developed countries (and 16 percent of GDP in...

Using Spain and the Czech Republic as examples of two EU countries with remarkably different youth labour market performance, we apply a gross flow analysis based on EU-SILC longitudinal data. While in Spain increases in youth unemployment rate are driven mostly by young people losing their...

We analyse labour market flows and unemployment rate dynamics in the Czech Republic (CR), Slovakia and Poland. Relative involvement of working-age individuals in movements between various labour market states appears to be approximately fi ve times lower in Central Europe than in the U.S./UK....

Using Spain and the Czech Republic as examples of two EU countries with remarkably different youth labour market performance, we apply a gross flow analysis based on EU-SILC longitudinal data. While in Spain increases in youth unemployment rate are driven mostly by young people losing their...