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The Size of Government and U.S.-European Differences in Economic Performance
Bell, Gerwin; Tawara, Norikazu - International Monetary Fund (IMF) - 2009
An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged costs, large governments have been popular with electorates. This paper seeks to...
Persistent link: https://www.econbiz.de/10004999968
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Denmark; 2006 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Denmark
International Monetary Fund (IMF); International … - 2006
Denmark showed strong performance owing to its stability-oriented policies, high growth rates, and low unemployment …
Persistent link: https://www.econbiz.de/10011243652
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Labor and Product Market Deregulation; Partial, Sequential, or Simultaneous Reform?
Berger, Helge; Danninger, Stephan - International Monetary Fund (IMF) - 2005
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results, based on an OECD country panel from 1990-2004, suggest that lower levels of product and labor market regulation foster employment growth, including through sizable interaction...
Persistent link: https://www.econbiz.de/10005769319
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Crises, Labor Market Policy, and Unemployment
Furceri, Davide; Bernal-Verdugo, Lorenzo E.; Guillaume, … - International Monetary Fund (IMF) - 2012
impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …
Persistent link: https://www.econbiz.de/10009654166
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Why Are Women Working so Much More in Canada? An International Perspective
Tsounta, Evridiki - International Monetary Fund (IMF) - 2006
This paper analyzes the role of the tax and benefit system in spurring the impressive increase in Canadian female labor participation in the last decade. Using annual panel data for 10 large industrial countries over the period 1980-2001, I find that reforms in the Canadian tax and benefit...
Persistent link: https://www.econbiz.de/10005826383
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Productivity Growth and Structural Reform in Bulgaria; Restarting the Convergence Engine
Pouvelle, Cyril; Mitra, Pritha - International Monetary Fund (IMF) - 2012
productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural … problems in its labor market, reflected in its high long–term and youth unemployment. Our analysis of the drivers of labor … percentage point a year. This would be enough to close the income gap with the EU average by 2040, compared to the status quo …
Persistent link: https://www.econbiz.de/10011242306
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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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Italy; Selected Issues
International Monetary Fund (IMF); International … - 2012
This Selected Issues Paper focuses on structural reforms and fiscal devaluation in Italy. Italy’s economy has a number of important strengths. Despite these strengths, Italy’s economic performance has lagged behind its peers. The authorities’ reform plans are under way in...
Persistent link: https://www.econbiz.de/10011243765
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Belgium; Selected Issues
International Monetary Fund (IMF); International … - 2005
market adjustment, and illustrates the benefits of a two-pronged strategy. The paper also examines employment effects of … reductions in labor taxes in a wage-bargaining model. …
Persistent link: https://www.econbiz.de/10005591211
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China's Growth and Integration into the World Economy; Prospects and Challenges
Prasad, Eswar - International Monetary Fund (IMF) - 2004
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521