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1. Advanced Europe: Reversing the Slide

1. Advanced Europe: Reversing the Slide »

Source: Regional Economic Outlook, October 2011, Europe : Navigating Stormy Waters

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2011

ISBN: 9781616351281

Keywords: expenditure, fiscal consolidation, labor market, domestic demand, unemployment

The euro area crisis has entered into a new stage in the context of a marked global slowdown. Tensions have moved from the euro area periphery to some core economies, prompting new policy interv...

Alternative Methods of Estimating Potential Output and the Output Gap

Alternative Methods of Estimating Potential Output and the Output Gap »

Source: Alternative Methods of Estimating Potential Output and the Output Gap : An Application to Sweden

Volume/Issue: 2000/59

Series: IMF Working Papers

Author(s): Sweta Saxena , and Valerie Cerra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2000

ISBN: 9781451847932

Keywords: Business Cycles, Output Gap, Potential Output, Detrending, Production Function, Vector Autoregression, Unobserved Components Models, nairu, equation, time series

This paper reviews a number of different methods that can be used to estimate potential output and the output gap. Measures of potential output and the output gap are useful to help identify the scope for sustainab...

Annex

Annex »

Source: Regional Economic Outlook, October 2011, Europe : Navigating Stormy Waters

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2011

ISBN: 9781616351281

Keywords: expenditure, fiscal consolidation, labor market, domestic demand, unemployment

(a) Constructing a Trade Interconnectedness Index The trade interconnectedness index (TII) is the weighted average of indicators capturing the importance of bilateral trade between c...

Appendix. Europe: IMF-Supported Arrangements59

Appendix. Europe: IMF-Supported Arrangements59 »

Source: Regional Economic Outlook, October 2011, Europe : Navigating Stormy Waters

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 October 2011

ISBN: 9781616351281

Keywords: expenditure, fiscal consolidation, labor market, domestic demand, unemployment

(As of September 7, 2011) Country...

Are the Unemployed Unemployable?

Are the Unemployed Unemployable? »

Source: Are the Unemployed Unemployable?

Volume/Issue: 1994/64

Series: IMF Working Papers

Author(s): Gilles Saint-Paul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1994

ISBN: 9781451848496

Keywords: unemployment, aggregate unemployment, unemployment rate, skilled workers, unemployed

This paper develops a matching model of the labor market under wage rigidity when hiring decisions are irreversible. There are two types of workers, the skilled and the unskilled. The model is used to analyze wheth...

1 Australia

1 Australia »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

Compared with most of the smaller industrial economies, Australia has a small external trade sector—foreign trade amounts to approximately 15 percent of GDP. Although this and abundant energy resources have...

2 Austria

2 Austria »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

The openness of the Austrian economy, in which foreign trade amounts to approximately one fourth of GDP, makes it vulnerable to external disturbances; consequently, a major aim of fiscal policy has been to s...

3 Belgium

3 Belgium »

Source: Fiscal Policy in the Smaller Industrial Countries, 1972-82

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1986

ISBN: 9780939934539

Keywords: expenditure, fiscal policy, government expenditure, total expenditure, expenditure growth

Following several years of strong growth, real GDP declined by almost 2 percent in 1975; after a sharp recovery in 1976, when over 5 percent real growth was registered, economic activity again turned sluggis...

Centralized Bargaining, Efficiency Wages, and Flexibility

Centralized Bargaining, Efficiency Wages, and Flexibility »

Source: Centralized Bargaining, Efficiency Wages, and Flexibility

Volume/Issue: 1993/25

Series: IMF Working Papers

Author(s): Ramana Ramaswamy , and Bob Rowthorn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1993

ISBN: 9781451844191

Keywords: bargaining, wage, unemployment

The main focus of the “wage bargaining” literature has been on the factors promoting real wage flexibility at the macro level. This paper, in contrast, examines the microeconomic issues of wage bargai...

Challenges to the Swedish Welfare State

Challenges to the Swedish Welfare State »

Series: Occasional Papers

Author(s): Desmond Lachman , Ramana Ramaswamy , J. Green , Robert Hagemann , and Adam Bennett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 1995

DOI: http://dx.doi.org/10.5089/9781557754868.084

ISBN: 9781557754868

Keywords: pension, export prices, unemployment, labor market, recession

Sweden's economy in the early 1990s has been characterized by a deep recession, high unemployment, a ballooning public sector budgete deficit, and a decline in the value of the currency- developments that have rais...