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Informal Labour and Credit Markets

Informal Labour and Credit Markets »

Source: Informal Labour and Credit Markets : A Survey

Volume/Issue: 2010/42

Series: IMF Working Papers

Author(s): Paul Levine , Emanuela Lotti , Nicoletta Batini , and Young-Bae Kim

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2010

ISBN: 9781451962963

Keywords: Informal economy, labour market, search-matching models, informal sector, labour, labour markets, jobs,

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modeling informality within both partial and general equilibrium environments. We c...

Growing Apart? A Tale of Two Republics

Growing Apart? A Tale of Two Republics »

Source: Growing Apart? A Tale of Two Republics : Estonia and Georgia

Volume/Issue: 2008/235

Series: IMF Working Papers

Author(s): Thorvaldur Gylfason , and Eduard Hochreiter

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

ISBN: 9781451870930

Keywords: labor force, labor market, labor force participation

We compare and contrast the economic growth performance of Estonia and Georgia since the collapse of the Soviet Union in 1991 in an attempt to understand better the extent to which the growth differential between t...

Efficiency Wages and Labor Mobility in an Open Economy

Efficiency Wages and Labor Mobility in an Open Economy »

Source: Efficiency Wages and Labor Mobility in an Open Economy

Volume/Issue: 1993/79

Series: IMF Working Papers

Author(s): Julio Santaella , and Pierre-Richard Agénor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1993

ISBN: 9781451850161

Keywords: wage, labor mobility, labor demand, labor market segmentation, labor supply

The paper analyzes the role of labor market segmentation and relative wage rigidity in the transmission process of macroeconomic shocks in a two-sector optimizing model of a small open economy. The analysis is firs...

Globalization and Income Inequality

Globalization and Income Inequality »

Source: Globalization and Income Inequality : A European Perspective

Volume/Issue: 2007/169

Series: IMF Working Papers

Author(s): Thomas Harjes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867336

Keywords: wage, wages, labor share, labor markets, labor market, Globlization,

There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These concerns have often surfaced in response to falling labor income shares in aggregate national in...

Institutional Structure and Labor Market Outcomes

Institutional Structure and Labor Market Outcomes »

Source: Institutional Structure and Labor Market Outcomes : Western Lessons for European Countries in Transition

Volume/Issue: 1995/63

Series: IMF Working Papers

Author(s): Robert Flanagan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1995

ISBN: 9781451848366

Keywords: wage, labor market, active labor, active labor market, Research Department,

Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings o...

Medium-Term Fiscal Multipliers during Protracted Recessions*

Medium-Term Fiscal Multipliers during Protracted Recessions* »

Source: Medium-Term Fiscal Multipliers during Protracted Recessions

Volume/Issue: 2014/213

Series: IMF Working Papers

Author(s): Salvatore Dell'Erba , Marcos Poplawski-Ribeiro , and Ksenia Koloskova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 December 2014

ISBN: 9781498336192

Keywords: fiscal consolidations, cumulative multipliers, labour market, protracted recessions, consolidations, consolidation, recessions, economy, business cycle, General,

The paper examines the consequences of fiscal consolidation in times of persistently low growth and high unemployment by estimating medium-term fiscal multipliers during protracted recessions (PR) in a sample of 17...

The Size of Government and U.S.-European Differences in Economic Performance

The Size of Government and U.S.-European Differences in Economic Performance »

Source: The Size of Government and U.S.-European Differences in Economic Performance

Volume/Issue: 2009/92

Series: IMF Working Papers

Author(s): Gerwin Bell , and Norikazu Tawara

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872392

Keywords: Macroeconomics, labor supply, labor market, unemployment, employment, labor market policies,

An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged co...

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence »

Source: Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

Volume/Issue: 1997/3

Series: IMF Working Papers

Author(s): Patrick Van Houdt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451841862

Keywords: labor market, labor market policies, unemployment, employment, active labor

Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market polic...

A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market

A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market »

Source: A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market

Volume/Issue: 2014/216

Series: IMF Working Papers

Author(s): Elva Bova , Christina Kolerus , and Sampawende Tapsoba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 December 2014

ISBN: 9781498330473

Keywords: labor market, employment gaps, unemployment, labor, labor supply,

This paper examines the impact of fiscal policy on employment through the lenses of Okun's Law. Looking at the panel of OECD countries over the past three decades, we find that fiscal policy can affect employment b...

Fiscal Policy, Labor Markets and the Poor

Fiscal Policy, Labor Markets and the Poor »

Source: Fiscal Policy, Labor Markets and the Poor

Volume/Issue: 1990/62

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1990

ISBN: 9781451964370

Keywords: unskilled labor, unskilled workers, labor market, skilled labor, skilled workers

In designing policy measures, including possible social safety nets, targeted to the poor, it is important to fully understand the efficiency implications of these measures. There is abundant macroeconomic literatu...