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Germany: Selected Issues

Germany: Selected Issues »

Source: Germany : Selected Issues

Volume/Issue: 2014/217

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 July 2014

ISBN: 9781498328524

Keywords: current account, current account surplus, labor market, labor market reforms, labor compensation

...

Germany: Selected Issues

Germany: Selected Issues »

Source: Germany : Selected Issues

Volume/Issue: 2014/217

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 July 2014

ISBN: 9781498328524

Keywords: current account, current account surplus, labor market, labor market reforms, labor compensation

...

Wage Flexibility in Turbulent Times

Wage Flexibility in Turbulent Times »

Source: Wage Flexibility in Turbulent Times : A Practitioner's Guide, with an Application to Poland

Volume/Issue: 2005/134

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2005

ISBN: 9781451861532

Keywords: wage, unemployment, unemployment rate, local unemployment, Wages, Compensation, and Labor Costs: General,

This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such flexibility during times of structural change, when wage distributions and wage curves can be...

The Costs and Benefits of Various Wage Bargaining Structures

The Costs and Benefits of Various Wage Bargaining Structures »

Source: The Costs and Benefits of Various Wage Bargaining Structures : An Empirical Exploration

Volume/Issue: 2002/71

Series: IMF Working Papers

Author(s): Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

ISBN: 9781451849257

Keywords: internal factors, wage, bargaining, Wages, Compensation, and Labor Costs: General, Trade Unions: Objectives, Structure, and Effects,

The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting effects of a reduction in competition associated with centralized bargaining and the increased a...

The Art of Making Everybody Happy

The Art of Making Everybody Happy »

Source: The Art of Making Everybody Happy : How to Prevent a Secession

Volume/Issue: 2001/176

Series: IMF Working Papers

Author(s): Michel Le Breton , and Shlomo Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2001

ISBN: 9781451858815

Keywords: Transfer Schemes, Partial Equalization, Threat of Secession, compensation, taxation, fiscal capacity, budget constraint, fiscal federalism, Subsidies, and Revenue: General,

In this paper we consider a model of the country with heterogeneous population and examine compensation schemes that may prevent a threat of secession by dissatisfied regions. We show that horizontal imbalances are...

On Sand and the Role of Grease in Labor Markets

On Sand and the Role of Grease in Labor Markets »

Source: On Sand and the Role of Grease in Labor Markets : How Does Germany Compare?

Volume/Issue: 2002/164

Series: IMF Working Papers

Author(s): Jörg Decressin , and Anja Decressin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2002

ISBN: 9781451858006

Keywords: Wage Setting, Wage Rigidities, Inflation Targets, wage, inflation, wage increase, inflation rate, Wages, Compensation, and Labor Costs: General,

This paper investigates wage setting in (west) Germany using the German Socioeconomic Panel dataset on individuals and compares the findings with those available for the United Kingdom and the United States. The fr...

Trust As a Means of Improving Corporate Governance and Efficiency

Trust As a Means of Improving Corporate Governance and Efficiency »

Source: Trust As a Means of Improving Corporate Governance and Efficiency

Volume/Issue: 2002/33

Series: IMF Working Papers

Author(s): Ralph Chami , and Connel Fullenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451845198

Keywords: asymmetric information, efficiency, trust, altruism, wage, profit sharing, compensation, Relation of Economics to Social Values, Production and Organizations: General, Asymmetric and Private Information

Agency problems within the firm are a significant hindrance to efficiency. We propose trust between coworkers as a superior alternative to the standard tools used to mitigate agency problems: increased monitoring a...

Measuring Fiscal Decentralization

Measuring Fiscal Decentralization »

Source: Measuring Fiscal Decentralization : Exploring the IMF's Databases

Volume/Issue: 2011/126

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2011

ISBN: 9781455263431

Keywords: Fiscal federalism, fiscal centralization, government finance, compensation of employees, fiscal decentralization, local governments, Methodology for Collecting, Estimating, and Organizing Macroeconomic Data, Structure

Conventional wisdom postulates that there are benefits from decentralizing government finances but there is little empirical evidence about actual country practices. This paper presents data on fiscal decentralizat...

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....

Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity

Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity »

Source: Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity : The Main Considerations

Volume/Issue: 2012/40

Series: IMF Working Papers

Author(s): Obert Nyawata

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463933838

Keywords: consolidated public sector, central bank, government securities, debt management, Fiscal and Monetary Policy in Development, Wages, Compensation, and Labor Costs: Public Policy,

This paper discusses the challenging question of whether central banks should use treasury bills or central bank bills for draining excess liquidity in the banking system. While recognizing that there are practical...