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Competition, Competitiveness and Growth in Sub-Saharan Africa

Competition, Competitiveness and Growth in Sub-Saharan Africa »

Source: Competition, Competitiveness and Growth in Sub-Saharan Africa

Volume/Issue: 2020/30

Series: IMF Working Papers

Author(s): Reda Cherif , Sandesh Dhungana , Xiangming Fang , Jesus Gonzalez-Garcia , Yuanchen Yang , Mustafa Yenice , and Jung Eun Yoon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2020

ISBN: 9781513526379

Keywords: Economic integration, Trade policy, Global competitiveness, Total factor productivity, International trade agreements, Markups, Market Power, Competition, Sub-Saharan Africa, WP

Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000...

Competition, Competitiveness and Growth in Sub-Saharan Africa

Competition, Competitiveness and Growth in Sub-Saharan Africa »

Volume/Issue: 2020/30

Series: IMF Working Papers

Author(s): Reda Cherif , Sandesh Dhungana , Xiangming Fang , Jesus Gonzalez-Garcia , Yuanchen Yang , Mustafa Yenice , and Jung Eun Yoon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2020

DOI: http://dx.doi.org/10.5089/9781513526379.001

ISBN: 9781513526379

Keywords: Economic integration, Trade policy, Global competitiveness, Total factor productivity, International trade agreements, Markups, Market Power, Competition, Sub-Saharan Africa, WP

Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000...

The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence

The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence »

Volume/Issue: 2020/23

Series: IMF Working Papers

Author(s): Christopher Adam , and Edward Buffie

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 January 2020

DOI: http://dx.doi.org/10.5089/9781513527888.001

ISBN: 9781513527888

Keywords: Real sector, Price indexes, Employment, Labor market characteristics, Human capital, climate economics, disaster risk, macro feedbacks, multi-phase macro model, monetary and financial policies

We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding styliz...

The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence*

The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence* »

Source: The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence

Volume/Issue: 2020/23

Series: IMF Working Papers

Author(s): Christopher Adam , and Edward Buffie

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 January 2020

ISBN: 9781513527888

Keywords: Real sector, Price indexes, Employment, Labor market characteristics, Human capital, climate economics, disaster risk, macro feedbacks, multi-phase macro model, monetary and financial policies

We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding styliz...

One Shock, Many Policy Responses

One Shock, Many Policy Responses »

Volume/Issue: 2020/10

Series: IMF Working Papers

Author(s): Rui Mano , and Silvia Sgherri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2020

DOI: http://dx.doi.org/10.5089/9781513521503.001

ISBN: 9781513521503

Keywords: Exchange rate policy, International investment position, Foreign exchange reserves, Foreign exchange intervention, Central banks, Capital flows, emerging markets, macroprudential policies, capital flows management., WP

Policymakers have relied on a wide range of policy tools to cope with capital flow shocks. And yet, the effects and interaction of these policies remain under debate, as does the motivation for using them. In this...

One Shock, Many Policy Responses

One Shock, Many Policy Responses »

Source: One Shock, Many Policy Responses

Volume/Issue: 2020/10

Series: IMF Working Papers

Author(s): Rui Mano , and Silvia Sgherri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 January 2020

ISBN: 9781513521503

Keywords: Exchange rate policy, International investment position, Foreign exchange reserves, Foreign exchange intervention, Central banks, Capital flows, emerging markets, macroprudential policies, capital flows management., WP

Policymakers have relied on a wide range of policy tools to cope with capital flow shocks. And yet, the effects and interaction of these policies remain under debate, as does the motivation for using them. In this...

The Role of Board Oversight in Central Bank Governance: Key Legal Design Issues

The Role of Board Oversight in Central Bank Governance: Key Legal Design Issues »

Volume/Issue: 2019/293

Series: IMF Working Papers

Author(s): Wouter Bossu , and Arthur D. P. Rossi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 December 2019

DOI: http://dx.doi.org/10.5089/9781513524054.001

ISBN: 9781513524054

Keywords: Central bank capital, Reserve requirements, Central bank legislation, Central banks, Central bank governance, Board Oversight, Legal Design, WP, oversight board, bank law

This paper discusses key legal issues in the design of Board Oversight in central banks. Central banks are complex and sophisticated organizations that are challenging to manage. While most economic literature focu...

The Role of Board Oversight in Central Bank Governance: Key Legal Design Issues

The Role of Board Oversight in Central Bank Governance: Key Legal Design Issues »

Source: The Role of Board Oversight in Central Bank Governance: Key Legal Design Issues

Volume/Issue: 2019/293

Series: IMF Working Papers

Author(s): Wouter Bossu , and Arthur D. P. Rossi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 December 2019

ISBN: 9781513524054

Keywords: Central bank capital, Reserve requirements, Central bank legislation, Central banks, Central bank governance, Board Oversight, Legal Design, WP, oversight board, bank law

This paper discusses key legal issues in the design of Board Oversight in central banks. Central banks are complex and sophisticated organizations that are challenging to manage. While most economic literature focu...

Automation, Skills and the Future of Work: What do Workers Think?1

Automation, Skills and the Future of Work: What do Workers Think?1 »

Source: Automation, Skills and the Future of Work: What do Workers Think?

Volume/Issue: 2019/288

Series: IMF Working Papers

Author(s): Carlos Mulas-Granados , Richard Varghese , Vizhdan Boranova , Alice deChalendar , and Judith Wallenstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 December 2019

ISBN: 9781513519906

Keywords: Labor market characteristics, Labor market regulations, Unemployment, Social welfare programs, Labor markets, Automation, Future of Work, Robotization, Education, Reskilling

We exploit a survey data set that contains information on how 11,000 workers across advanced and emerging market economies perceive the main forces shaping the future of work. In general, workers feel more positive...

Automation, Skills and the Future of Work: What do Workers Think?

Automation, Skills and the Future of Work: What do Workers Think? »

Volume/Issue: 2019/288

Series: IMF Working Papers

Author(s): Carlos Mulas-Granados , Richard Varghese , Vizhdan Boranova , Alice deChalendar , and Judith Wallenstein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 December 2019

DOI: http://dx.doi.org/10.5089/9781513519906.001

ISBN: 9781513519906

Keywords: Labor market characteristics, Labor market regulations, Unemployment, Social welfare programs, Labor markets, Automation, Future of Work, Robotization, Education, Reskilling

We exploit a survey data set that contains information on how 11,000 workers across advanced and emerging market economies perceive the main forces shaping the future of work. In general, workers feel more positive...