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Building a Better Union

Building a Better Union »

Source: Building a Better Union : Incentivizing Structural Reforms in the Euro Area

Volume/Issue: 2015/201

Series: IMF Working Papers

Author(s): Angana Banerji , Bergljot Barkbu , James John , Tidiane Kinda , Sergejs Saksonovs , Hanni Schoelermann , and Tao Wu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2015

ISBN: 9781513517087

Keywords: Structural reform, European economic governance, governance, states, member states, legislation, fiscal, Planning, Coordination, and Reform

The momentum for structural reforms is waning in the euro area at a time when even faster progress is needed to boost productivity and growth, achieve real economic convergence, and improve the resilience of the mo...

Common and Idiosyncratic Components in Real Output

Common and Idiosyncratic Components in Real Output »

Source: Common and Idiosyncratic Components in Real Output : Further International Evidence

Volume/Issue: 2002/229

Series: IMF Working Papers

Author(s): Francisco Nadal De Simone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2002

ISBN: 9781451875485

Keywords: common, European and idiosyncratic components, state-space Models, statistics, correlation, time series, statistic, Model Construction and Estimation, International Policy Coordination and Transmission,

This paper uses the classical (level) definition of business cycles to analyze the characteristics-duration, amplitude, steepness, and cumulative output movements-of the real GDP series of France, Germany, Italy, t...

Countercyclical Fiscal Policy and Gender Employment: Evidence from the G-7 Countries1

Countercyclical Fiscal Policy and Gender Employment: Evidence from the G-7 Countries1 »

Source: Countercyclical Fiscal Policy and Gender Employment: Evidence from the G-7 Countries

Volume/Issue: 2019/4

Series: IMF Working Papers

Author(s): Bernardin Akitoby , Jiro Honda , and Hiroaki Miyamoto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2019

ISBN: 9781484390054

Keywords: Italy, Japan, Germany, Europe, Canada, Asia and Pacific, France, United Kingdom, United States, Western Hemisphere

Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We give an answer to this question by exploring the state-dependent impact of fiscal spending shocks on employment...

Deconstructing Job Creation

Deconstructing Job Creation »

Source: Deconstructing Job Creation

Volume/Issue: 1999/109

Series: IMF Working Papers

Author(s): Pietro Garibaldi , and Paolo Mauro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1999

ISBN: 9781451853193

Keywords: job creation, European unemployment, firing costs, employment, jobs, unemployment, employment growth

This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job crea...

The Design of EMU

The Design of EMU »

Source: The Design of EMU

Volume/Issue: 1997/99

Series: IMF Working Papers

Author(s): David Begg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1997

ISBN: 9781451852233

Keywords: European Monetary Union, credibility, asymmetric shocks, inflation, monetary policy, central bank, price stability, monetary union

Pursuit of price stability may, but need not, exacerbate output fluctuations. This paper discusses the monetary strategy of the European Central Bank, the intermediate targets that this should entail, and implicati...

Identifying the Common Component in International Economic Fluctuations

Identifying the Common Component in International Economic Fluctuations »

Source: Identifying the Common Component in International Economic Fluctuations : A New Approach

Volume/Issue: 1999/154

Series: IMF Working Papers

Author(s): Robin Lumsdaine , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1999

ISBN: 9781451857214

Keywords: Economic Fluctuations, International and European Business Cycles, Autoregressive Conditional Heteroskedasticty, common, correlations, statistics, correlation, statistic

This paper develops an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights is based on so...

Lifting Euro Area Growth
			: Priorities for Structural Reforms and Governance

Lifting Euro Area Growth : Priorities for Structural Reforms and Governance »

Volume/Issue: 2010/19

Series: IMF Staff Position Notes

Author(s): Luc Everaert , and Céline Allard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 November 2010

DOI: http://dx.doi.org/10.5089/9781462302109.004

ISBN: 9781462302109

Keywords: Cross country analysis, Economic growth, Euro Area, Europe, Financial sector, Political economy, Services sector, Labor markets, Labor market reforms, Governance

To live up to its growth potential and secure its inclusive social model, the euro area must make better use of its available labor. In the aftermath of the crisis, boosting growth is essential to prevent unemploym...

Building a Better Union
			: Incentivizing Structural Reforms in the Euro Area

Building a Better Union : Incentivizing Structural Reforms in the Euro Area »

Volume/Issue: 2015/201

Series: IMF Working Papers

Author(s): Angana Banerji , Bergljot Barkbu , James John , Tidiane Kinda , Sergejs Saksonovs , Hanni Schoelermann , and Tao Wu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2015

DOI: http://dx.doi.org/10.5089/9781513517087.001

ISBN: 9781513517087

Keywords: Structural reform, European economic governance, governance, states, member states, legislation, fiscal, Planning, Coordination, and Reform

The momentum for structural reforms is waning in the euro area at a time when even faster progress is needed to boost productivity and growth, achieve real economic convergence, and improve the resilience of the mo...

Common and Idiosyncratic Components in Real Output
			: Further International Evidence

Common and Idiosyncratic Components in Real Output : Further International Evidence »

Volume/Issue: 2002/229

Series: IMF Working Papers

Author(s): Francisco Nadal De Simone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2002

DOI: http://dx.doi.org/10.5089/9781451875485.001

ISBN: 9781451875485

Keywords: common, European and idiosyncratic components, state-space Models, statistics, correlation, time series, statistic, Model Construction and Estimation, International Policy Coordination and Transmission,

This paper uses the classical (level) definition of business cycles to analyze the characteristics-duration, amplitude, steepness, and cumulative output movements-of the real GDP series of France, Germany, Italy, t...

Countercyclical Fiscal Policy and Gender Employment: Evidence from the G-7 Countries

Countercyclical Fiscal Policy and Gender Employment: Evidence from the G-7 Countries »

Volume/Issue: 2019/4

Series: IMF Working Papers

Author(s): Bernardin Akitoby , Jiro Honda , and Hiroaki Miyamoto

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2019

DOI: http://dx.doi.org/10.5089/9781484390054.001

ISBN: 9781484390054

Keywords: Italy, Japan, Germany, Europe, Canada, Asia and Pacific, France, United Kingdom, United States, Western Hemisphere

Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We give an answer to this question by exploring the state-dependent impact of fiscal spending shocks on employment...