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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....

Chapter 9. A Banking Union for the Euro Area

Chapter 9. A Banking Union for the Euro Area »

Source: The Mechanics of a Strong Euro Area : IMF Policy Analysis

Series: Books

Author(s): Petya Koeva Brooks , and Mahmood Pradhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

ISBN: 9781498305532

Keywords: Euro Area, Economic policy, debt, bank, banks, unemployment, lending

A banking union—a single supervisory and regulatory framework, resolution mechanism, and safety net—for the euro area is the logical conclusion of the idea that integrated banking systems require integrated...

Chapter 8. A Disaggregated Approach to Prioritizing Structural Reforms for Growth and Employment

Chapter 8. A Disaggregated Approach to Prioritizing Structural Reforms for Growth and Employment »

Source: Jobs and Growth : Supporting the European Recovery: Supporting the European Recovery

Series: Books

Author(s): Martin Schindler , Helge Berger , Bas Bakker , and Antonio Spilimbergo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2014

ISBN: 9781484304464

Keywords: labor market, employment, unemployment, regulations, labor productivity

A Granular Approach to Reform Achieving sustained growth is no simple feat, given that it involves important policy choices and tradeoffs. Chapter 7 shows that designing structural r...

Chapter 6. An Early Assessment of Quantitative Easing

Chapter 6. An Early Assessment of Quantitative Easing »

Source: The Mechanics of a Strong Euro Area : IMF Policy Analysis

Series: Books

Author(s): Petya Koeva Brooks , and Mahmood Pradhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

ISBN: 9781498305532

Keywords: Euro Area, Economic policy, debt, bank, banks, unemployment, lending

The European Central Bank (ECB) has taken a series of easing steps since mid-2014, including a negative deposit facility rate and targeted longer-term refinancing operations to support new lending. In Septem...

Chapter 7. Assessing the Gains from Structural Reforms for Jobs and Growth

Chapter 7. Assessing the Gains from Structural Reforms for Jobs and Growth »

Source: Jobs and Growth : Supporting the European Recovery: Supporting the European Recovery

Series: Books

Author(s): Martin Schindler , Helge Berger , Bas Bakker , and Antonio Spilimbergo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2014

ISBN: 9781484304464

Keywords: labor market, employment, unemployment, regulations, labor productivity

Structural Reforms and Gaps in Euro Area Countries Euro area countries, particularly those in the periphery, have made strong progress on their structural reform agendas since the gl...

Chapter 11. Capital Market Development: Financing of Small and Medium-Sized Enterprises in the Euro Area

Chapter 11. Capital Market Development: Financing of Small and Medium-Sized Enterprises in the Euro Area »

Source: The Mechanics of a Strong Euro Area : IMF Policy Analysis

Series: Books

Author(s): Petya Koeva Brooks , and Mahmood Pradhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

ISBN: 9781498305532

Keywords: Euro Area, Economic policy, debt, bank, banks, unemployment, lending

The corporate sector in Europe is highly dependent on bank financing, which has constrained the recovery of credit supply in the wake of the crisis, particularly to small and medium-sized enterprises (SMEs)....

Chapter 6. Challenges and Solutions for Fostering Job Creation in the Balkans

Chapter 6. Challenges and Solutions for Fostering Job Creation in the Balkans »

Source: Jobs and Growth : Supporting the European Recovery: Supporting the European Recovery

Series: Books

Author(s): Martin Schindler , Helge Berger , Bas Bakker , and Antonio Spilimbergo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 April 2014

ISBN: 9781484304464

Keywords: labor market, employment, unemployment, regulations, labor productivity

Different countries face different labor market challenges, and reforms to address these challenges must be carefully tailored to specific country circumstances. Chapter 5 discussed key labor market problems...

Chapter 7. Fiscal Consolidation under the Stability and Growth Pact: Some Illustrative Simulations

Chapter 7. Fiscal Consolidation under the Stability and Growth Pact: Some Illustrative Simulations »

Source: The Mechanics of a Strong Euro Area : IMF Policy Analysis

Series: Books

Author(s): Petya Koeva Brooks , and Mahmood Pradhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

ISBN: 9781498305532

Keywords: Euro Area, Economic policy, debt, bank, banks, unemployment, lending

The Stability and Growth Pact (SGP) continues to be at the core of European Union (EU) fiscal governance (Figure 7.1). The SGP was put in place to avoid excessive deficits and debt levels. However, fiscal sl...

Chapter 8. Fiscal Governance in the Euro Area: Progress and Challenges

Chapter 8. Fiscal Governance in the Euro Area: Progress and Challenges »

Source: The Mechanics of a Strong Euro Area : IMF Policy Analysis

Series: Books

Author(s): Petya Koeva Brooks , and Mahmood Pradhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

ISBN: 9781498305532

Keywords: Euro Area, Economic policy, debt, bank, banks, unemployment, lending

The Stability and Growth Pact (SGP) is at the core of the European fiscal governance framework. The SGP’s origin dates back to the 1992 Maastricht Treaty, which launched the Economic and Monetary Union (EMU)...

Chapter 4. Fragmentation, the Monetary Transmission Mechanism, and Monetary Policy in the Euro Area

Chapter 4. Fragmentation, the Monetary Transmission Mechanism, and Monetary Policy in the Euro Area »

Source: The Mechanics of a Strong Euro Area : IMF Policy Analysis

Series: Books

Author(s): Petya Koeva Brooks , and Mahmood Pradhan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 October 2015

ISBN: 9781498305532

Keywords: Euro Area, Economic policy, debt, bank, banks, unemployment, lending

The European Central Bank (ECB) has taken a range of actions to address bank funding problems, eliminate excessive risk in sovereign markets, and safeguard monetary transmission. As a result, the situation a...