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Activation of a Modern Industry

Activation of a Modern Industry »

Source: Activation of a Modern Industry

Volume/Issue: 2002/15

Series: IMF Working Papers

Author(s): Danyang Xie , and Ping Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2002

ISBN: 9781451843279

Keywords: industrial transformation, subsistence, skilled labor, unemployment, skilled workers, employment, unemployment rate

This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry-wide...

Adjustment Under a Currency Peg

Adjustment Under a Currency Peg »

Source: Adjustment Under a Currency Peg : Estonia, Latvia and Lithuania During the Global Financial Crisis 2008-09

Volume/Issue: 2010/213

Series: IMF Working Papers

Author(s): Catriona Purfield , and Christoph Rosenberg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

ISBN: 9781455205448

Keywords: Internal devaluation, boom bust, competitiveness, wage adjustment, global financial crisis, wage, benefits, wages, fiscal balance,

The paper traces the Baltics' adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita i...

Africa's Got Work to Do

Africa's Got Work to Do »

Source: Africa's Got Work to Do : Employment Prospects in the New Century

Volume/Issue: 2013/201

Series: IMF Working Papers

Author(s): Louise Fox , Cleary Haines , Jorge Huerta Munoz , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2013

ISBN: 9781484389195

Keywords: wage employment, household enterprises, labor, General, Labor Force and Employment, Size, and Structure, Sub-Saharan Africa.,

Estimates of the current and future structure of employment in sub-Saharan Africa (2005–20) are obtained based on household survey estimates for 28 countries and an elasticity-type model that relates employm...

After the Crisis

After the Crisis »

Source: After the Crisis : Assessing the Damage in Italy

Volume/Issue: 2010/244

Series: IMF Working Papers

Author(s): Silvia Sgherri , and Hanan Morsy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455209446

Keywords: productivity growth, output losses, unemployment, total factor productivity, tfp, employment, real gdp, Multiple or Simultaneous Equation Models: Time-Series Models,

Italy's deep-rooted structural problems resulted in an unsatisfactory productivity performance and a dismal growth over the last 15 years. The global financial crisis has exacerbated these long-standing weaknesses,...

Aid Scaling Up

Aid Scaling Up »

Source: Aid Scaling Up : Do Wage Bill Ceilings Stand in the Way?

Volume/Issue: 2006/106

Series: IMF Working Papers

Author(s): Annalisa Fedelino , Gerd Schwartz , and Marijn Verhoeven

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2006

ISBN: 9781451863666

Keywords: IMF conditionality, aid scaling up, MDGs, wage, salaries, civil service, government wages, National Government Expenditures and Welfare Programs, Wages, Compensation

This paper assesses whether the scaling up of aid and the resulting increase in government spending that is needed to meet the Millennium Development Goals (MDGs) would be hampered by wage bill ceilings that are of...

Albania

Albania »

Source: Albania : Income Distribution, Poverty, and Social Safety Nets in the Transition, 1991-1993

Volume/Issue: 1994/123

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1994

ISBN: 9781451854541

Keywords: social assistance, wage, benefits, unemployment, dependents

This paper examines developments in Albania’s income distribution and poverty during the transition to a market-oriented economy. It pays particular attention to the impact of price liberalization on the agr...

Allocating Business Income between Capital and Labor under a Dual Income Tax

Allocating Business Income between Capital and Labor under a Dual Income Tax »

Source: Allocating Business Income between Capital and Labor under a Dual Income Tax : The Case of Iceland

Volume/Issue: 2012/263

Series: IMF Working Papers

Author(s): Thornton Matheson , and Pall Kollbeins

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2012

ISBN: 9781475515411

Keywords: Dual income tax, small business taxation, wage, wages, labor income, minimum wage, tax rate, Dual income txa, Business Taxes and Subsidies,

In contrast to most Scandinavian countries, Iceland allocates the income of closely held businesses (CHBs) between capital and labor based on administratively set minimum wages rather than an imputed return to book...

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...

Alternative Models of Wage Dispersion

Alternative Models of Wage Dispersion »

Source: Alternative Models of Wage Dispersion

Volume/Issue: 2005/64

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860832

Keywords: Search equilibrium, wage posting, wage dispersion, labor theory, wage, worker, equations, Seach equilibrium,

We analyze labor market models where the law of one price does not hold-that is, models with equilibrium wage dispersion. We begin by assuming workers are ex ante heterogeneous, and highlight a flaw with this appro...

Analyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso

Analyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso »

Source: Analyzing Fiscal Space Using the MAMS Model - An Application to Burkina Faso

Volume/Issue: 2009/227

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2009

ISBN: 9781451873740

Keywords: simulation, computable general equilibrium model, wage, wages, wage rates, government spending,

This paper analyses economic implications and the transmission mechanisms of different options for creating and using fiscal space. For creating fiscal space, we consider prioritizing expenditures, raising revenue,...