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Wage Flexibility in Turbulent Times

Wage Flexibility in Turbulent Times »

Source: Wage Flexibility in Turbulent Times : A Practitioner's Guide, with an Application to Poland

Volume/Issue: 2005/134

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2005

ISBN: 9781451861532

Keywords: wage, unemployment, unemployment rate, local unemployment, Wages, Compensation, and Labor Costs: General,

This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such flexibility during times of structural change, when wage distributions and wage curves can be...

The Costs and Benefits of Various Wage Bargaining Structures

The Costs and Benefits of Various Wage Bargaining Structures »

Source: The Costs and Benefits of Various Wage Bargaining Structures : An Empirical Exploration

Volume/Issue: 2002/71

Series: IMF Working Papers

Author(s): Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

ISBN: 9781451849257

Keywords: internal factors, wage, bargaining, Wages, Compensation, and Labor Costs: General, Trade Unions: Objectives, Structure, and Effects,

The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting effects of a reduction in competition associated with centralized bargaining and the increased a...

On Sand and the Role of Grease in Labor Markets

On Sand and the Role of Grease in Labor Markets »

Source: On Sand and the Role of Grease in Labor Markets : How Does Germany Compare?

Volume/Issue: 2002/164

Series: IMF Working Papers

Author(s): Jörg Decressin , and Anja Decressin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2002

ISBN: 9781451858006

Keywords: Wage Setting, Wage Rigidities, Inflation Targets, wage, inflation, wage increase, inflation rate, Wages, Compensation, and Labor Costs: General,

This paper investigates wage setting in (west) Germany using the German Socioeconomic Panel dataset on individuals and compares the findings with those available for the United Kingdom and the United States. The fr...

The Real Exchange Rate and Employment in China

The Real Exchange Rate and Employment in China »

Source: The Real Exchange Rate and Employment in China

Volume/Issue: 2011/148

Series: IMF Working Papers

Author(s): Mai Dao , and Ruo Chen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

ISBN: 9781455269464

Keywords: Real exchange rate, Sectoral Reallocation, exchange rate, real exchange, exchange rates, real appreciation, Wages, Compensation, and Labor Costs: General, Macroeconomic Aspects Of International Trade And Finance,

We examine the impact of real exchange rate fluctuations on sectoral and regional employment in China from 1980 to 2008. In contrast to theoretical predictions, employment in both the tradable and non-tradable sect...

Institutions, Informality, and Wage Flexibility

Institutions, Informality, and Wage Flexibility »

Source: Institutions, Informality, and Wage Flexibility : Evidence From Brazil

Volume/Issue: 2012/84

Series: IMF Working Papers

Author(s): Irineu de Carvalho Filho , and Marcello Estevão

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502367

Keywords: informal work, regulations, wage, unemployment rate, employment, Institutions, Informality, and Wage Flexibility:, Wages, Compensation

Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeco...

Real Wage, Labor Productivity, and Employment Trends in South Africa

Real Wage, Labor Productivity, and Employment Trends in South Africa »

Source: Real Wage, Labor Productivity, and Employment Trends in South Africa : A Closer Look

Volume/Issue: 2012/92

Series: IMF Working Papers

Author(s): Nir Klein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

ISBN: 9781475502824

Keywords: Real wage, wage, informal employment, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General, Wages, Compensation, and Labor Costs: General,

The paper looks at the dynamics of employment in South Africa and examines the factors that contributed to the job-shedding observed during the recent financial crisis. The paper finds that the rapid growth of the...

Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can

Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can »

Source: Can Institutional Reform Reduce Job Destruction and Unemployment Duration? Yes it Can

Volume/Issue: 2012/54

Series: IMF Working Papers

Author(s): Esther Perez Ruiz , and Yao Yao

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2012

ISBN: 9781463937140

Keywords: Search model, unemployment inflows, unemployment duration, unemployment, unemployment rates, unemployment rate, employment, Wages, Compensation, and Labor Costs: General

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....

Wage Flexibility in Turbulent Times
			: A Practitioner's Guide, with an Application to Poland

Wage Flexibility in Turbulent Times : A Practitioner's Guide, with an Application to Poland »

Volume/Issue: 2005/134

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2005

DOI: http://dx.doi.org/10.5089/9781451861532.001

ISBN: 9781451861532

Keywords: wage, unemployment, unemployment rate, local unemployment, Wages, Compensation, and Labor Costs: General,

This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such flexibility during times of structural change, when wage distributions and wage curves can be...

The Costs and Benefits of Various Wage Bargaining Structures
			: An Empirical Exploration

The Costs and Benefits of Various Wage Bargaining Structures : An Empirical Exploration »

Volume/Issue: 2002/71

Series: IMF Working Papers

Author(s): Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

DOI: http://dx.doi.org/10.5089/9781451849257.001

ISBN: 9781451849257

Keywords: internal factors, wage, bargaining, Wages, Compensation, and Labor Costs: General, Trade Unions: Objectives, Structure, and Effects,

The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting effects of a reduction in competition associated with centralized bargaining and the increased a...

What Can International Cricket Teach Us About the Role of Luck in Labor Markets?1

What Can International Cricket Teach Us About the Role of Luck in Labor Markets?1 »

Source: What Can International Cricket Teach Us About the Role of Luck in Labor Markets?

Volume/Issue: 2010/225

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Rodney Ramcharan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455208906

Keywords: labor market, standard errors, statistics, probability, Wages, Compensation, and Labor Costs: General, Particular Labor Markets: Other, Labor Market Outcomes, Initial Job Placement

How important is luck in determining labor market outcomes? We address this question using a new dataset of all international test cricketers who debuted between 1950 and 1985. We present evidence that a player's d...