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Chapter 2. Can Fiscal Policies Do More for Jobs?

Chapter 2. Can Fiscal Policies Do More for Jobs? »

Source: Fiscal Monitor, October 2014 : Back to Work: How Fiscal Policy Can Help

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2014

ISBN: 9781498375702

Keywords: employment, labor market, fiscal policy, unemployment, labor force

Job creation is at the top of political agendas across the globe. In advanced economies, the employment losses generated by the crisis have been only partially reversed, raising concerns about permanent skil...

Chapter 1. Recent Fiscal Developments and Outlook

Chapter 1. Recent Fiscal Developments and Outlook »

Source: Fiscal Monitor, October 2014 : Back to Work: How Fiscal Policy Can Help

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2014

ISBN: 9781498375702

Keywords: employment, labor market, fiscal policy, unemployment, labor force

Advanced Economies: Proceeding with Consolidation while Supporting Employment and Growth Fiscal efforts over the last five years have stabilized the average government debt-to-GDP ra...

Fiscal Monitor, October 2014
			: Back to Work:  How Fiscal Policy Can Help

Fiscal Monitor, October 2014 : Back to Work: How Fiscal Policy Can Help »

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2014

DOI: http://dx.doi.org/10.5089/9781498375702.089

ISBN: 9781498375702

Keywords: employment, labor market, fiscal policy, unemployment, labor force

At a time when job creation tops the policy agenda globally, this issue of the Fiscal Monitor explores if and how fiscal policy can do more for jobs. It finds that while fiscal policy cannot substitute for compreh...

Back Matter

Back Matter »

Source: Fiscal Monitor, October 2014 : Back to Work: How Fiscal Policy Can Help

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2014

ISBN: 9781498375702

Keywords: employment, labor market, fiscal policy, unemployment, labor force

At a time when job creation tops the policy agenda globally, this issue of the Fiscal Monitor explores if and how fiscal policy can do more for jobs. It finds that while fiscal policy cannot substitute for compreh...

Front Matter

Front Matter »

Source: Fiscal Monitor, October 2014 : Back to Work: How Fiscal Policy Can Help

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2014

ISBN: 9781498375702

Keywords: employment, labor market, fiscal policy, unemployment, labor force

At a time when job creation tops the policy agenda globally, this issue of the Fiscal Monitor explores if and how fiscal policy can do more for jobs. It finds that while fiscal policy cannot substitute for compreh...

IMF Executive Board Discussion Summary

IMF Executive Board Discussion Summary »

Source: Fiscal Monitor, October 2014 : Back to Work: How Fiscal Policy Can Help

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2014

ISBN: 9781498375702

Keywords: employment, labor market, fiscal policy, unemployment, labor force

The following remarks were made by the Chair at the conclusion of the Executive Board’s discussion of the World Economic Outlook, Global Financial Stability Report, and Fiscal Monitor on Septemb...

The Negative Mean Output Gap

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The Negative Mean Output Gap »

Volume/Issue: 2019/183

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 August 2019

DOI: http://dx.doi.org/10.5089/9781513511740.001

ISBN: 9781513511740

Keywords: Accounting systems, Bank rates, Bond yields, Business cycles, Capital, Capital stocks, Central banking, Central banks, Consumption, Cost of capital

We argue that in an economy with downward nominal wage rigidity, the output gap is negative on average. Because it is more difficult to cut wages than to increase them, firms reduce employment more during downturns...

Methodological and Statistical Appendix

Methodological and Statistical Appendix »

Source: Fiscal Monitor, October 2014 : Back to Work: How Fiscal Policy Can Help

Series: Fiscal Monitor

Author(s): International Monetary Fund. Fiscal Affairs Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 October 2014

ISBN: 9781498375702

Keywords: employment, labor market, fiscal policy, unemployment, labor force

This appendix comprises five sections: Data and Conventions provides a general description of the data and of the conventions used for calculating economy group composites. Fiscal Policy Assumptions summariz...

The Negative Mean Output Gap

New
The Negative Mean Output Gap »

Source: The Negative Mean Output Gap

Volume/Issue: 2019/183

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 August 2019

ISBN: 9781513511740

Keywords: Accounting systems, Bank rates, Bond yields, Business cycles, Capital, Capital stocks, Central banking, Central banks, Consumption, Cost of capital

We argue that in an economy with downward nominal wage rigidity, the output gap is negative on average. Because it is more difficult to cut wages than to increase them, firms reduce employment more during downturns...