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Lessons from Successful Labor Market Reformers in Europe

Lessons from Successful Labor Market Reformers in Europe »

Volume/Issue: 2007/1

Series: IMF Policy Discussion Papers

Author(s): Anthony Annett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

DOI: http://dx.doi.org/10.5089/9781451975352.003

ISBN: 9781451975352

Keywords: Fiscal adjustment, Europe, Employment, Labor supply, Labor market reforms, Political economy, Wage moderation, Wage bargaining, Tax reductions, labor market

Welfare states can be reformed successfully, and popular support for reforms can be maintained. But this requires an internally consistent package of labor market, fiscal, and product market reforms, including some...

Real Wage Rigidities, Fiscal Policy, and the Stability of EMU in the Transition Phase

Real Wage Rigidities, Fiscal Policy, and the Stability of EMU in the Transition Phase »

Volume/Issue: 1999/83

Series: IMF Working Papers

Author(s): Eric Thode , Norbert Berthold , and Rainer Fehn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1999

DOI: http://dx.doi.org/10.5089/9781451850529.001

ISBN: 9781451850529

Keywords: European Monetary Union, real wage rigidity, unemployment, labor market reforms, asymmetric shocks, wage, unemployment rate, rising unemployment

EMU started with eleven member countries as scheduled on January 1, 1999. The paper shows that the primacy of politics over economics in this decision could have serious consequences concerning the stability of EMU...

Lessons from Successful Labor Market Reformers in Europe

Lessons from Successful Labor Market Reformers in Europe »

Source: Lessons from Successful Labor Market Reformers in Europe

Volume/Issue: 2007/1

Series: IMF Policy Discussion Papers

Author(s): Anthony Annett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

ISBN: 9781451975352

Keywords: Fiscal adjustment, Europe, Employment, Labor supply, Labor market reforms, Political economy, Wage moderation, Wage bargaining, Tax reductions, labor market

Welfare states can be reformed successfully, and popular support for reforms can be maintained. But this requires an internally consistent package of labor market, fiscal, and product market reforms, including some...

Real Wage Rigidities, Fiscal Policy, and the Stability of EMU in the Transition Phase

Real Wage Rigidities, Fiscal Policy, and the Stability of EMU in the Transition Phase »

Source: Real Wage Rigidities, Fiscal Policy, and the Stability of EMU in the Transition Phase

Volume/Issue: 1999/83

Series: IMF Working Papers

Author(s): Eric Thode , Norbert Berthold , and Rainer Fehn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1999

ISBN: 9781451850529

Keywords: European Monetary Union, real wage rigidity, unemployment, labor market reforms, asymmetric shocks, wage, unemployment rate, rising unemployment

EMU started with eleven member countries as scheduled on January 1, 1999. The paper shows that the primacy of politics over economics in this decision could have serious consequences concerning the stability of EMU...