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Regional Economic Outlook, October 2019, Europe

Regional Economic Outlook, October 2019, Europe »

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 November 2019

DOI: http://dx.doi.org/10.5089/9781513514017.086

ISBN: 9781513514017

Keywords: Budgets, Automobile industry, Employment, Euro Area, Gross domestic product, Inflation, Labor, Monetary policy, Trade, Wages

Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have started...

Excerpt
			: Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Excerpt : Commodity Price Volatility and Inclusive Growth in Low-Income Countries »

Series: Miscellaneous Publication (Other)

Author(s): Min Zhu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 September 2012

DOI: http://dx.doi.org/10.5089/CPVIEAEX.073

ISBN: CPVIEAEX

Keywords: Agricultural sector, Balance of trade, Central banking, Central banks, Civil society, Commodities, Commodity price shocks, Commodity prices, Consumption, Credit

In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food...

Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges

Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges »

Source: Managing Government Compensation and Employment - Institutions, Policies, and Reform Challenges

Volume/Issue: 2016/047

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 2016

ISBN: 9781498345774

Keywords: Cross country analysis, Developed countries, Emerging markets, Employment policy, Fiscal policy, Fiscal reforms, Government expenditures, Low-income developing countries, Private sector, Public sector wages

Government compensation and employment policies are important for the efficient delivery of public services which are crucial for the functioning of economies and the general prosperity of societies. On average, sp...

How Does Taxation Affect Hours Worked in EU New Member States?

How Does Taxation Affect Hours Worked in EU New Member States? »

Source: How Does Taxation Affect Hours Worked in EU New Member States?

Volume/Issue: 2019/130

Series: IMF Working Papers

Author(s): Agustin Velasquez , and Svetlana Vtyurina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 June 2019

ISBN: 9781498315708

Keywords: Tax revenue, Tax exemptions, Tax incentives, Tax rates, Fiscal policy, hours worked, labor supply, labor tax, consumption tax, EU new member states

Hours worked vary widely across countries and over time. In this paper, we investigate the role played by taxation in explaining these differences for EU New Member States. By extending a standard growth model with...

2. Wage Growth and Inflation in Europe: A Puzzle?

2. Wage Growth and Inflation in Europe: A Puzzle? »

Source: Regional Economic Outlook, October 2019, Europe

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 November 2019

ISBN: 9781513514017

Keywords: Budgets, Automobile industry, Employment, Euro Area, Gross domestic product, Inflation, Labor, Monetary policy, Trade, Wages

Wages have been rising faster than productivity in many European countries, yet signs of underlying consumer price pressures remain limited. To shed light on this pu...

Executive Summary

Executive Summary »

Source: Regional Economic Outlook, October 2019, Europe

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 November 2019

ISBN: 9781513514017

Keywords: Budgets, Automobile industry, Employment, Euro Area, Gross domestic product, Inflation, Labor, Monetary policy, Trade, Wages

Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have s...

1. Facing Spillovers from Trade and Manufacturing

1. Facing Spillovers from Trade and Manufacturing »

Source: Regional Economic Outlook, October 2019, Europe

Series: Regional Economic Outlook

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 November 2019

ISBN: 9781513514017

Keywords: Budgets, Automobile industry, Employment, Euro Area, Gross domestic product, Inflation, Labor, Monetary policy, Trade, Wages

Figure 1.1. Global Trade and Manufacturing Sources: IMF, Global Data Source; and IMF...

The Negative Mean Output Gap

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...

2014 Triennial Surveillance Review - External Study - Risks and Spillovers

2014 Triennial Surveillance Review - External Study - Risks and Spillovers »

Source: 2014 Triennial Surveillance Review - External Study - Risks and Spillovers

Volume/Issue: 2014/048

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2014

ISBN: 9781498342926

Keywords: Bilateral surveillance, Financial risk, Macroprudential Policy, Monetary policy, Multilateral surveillance, Spillovers, Surveillance, Asset prices, Assets, Balance sheets

...

The Macroeconomic Effects of Labor and Product Market Reforms in Morocco

The Macroeconomic Effects of Labor and Product Market Reforms in Morocco »

Source: The Macroeconomic Effects of Labor and Product Market Reforms in Morocco

Volume/Issue: 2019/222

Series: IMF Working Papers

Author(s): Babacar Sarr , Mokhtar Benlamine , and Zsuzsa Munkacsi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 October 2019

ISBN: 9781513513768

Keywords: Access to foreign markets, Bankruptcy, Banks, Basket of currency peg, Capital, Capital accumulation, Capital flows, Capital formation, Commodity markets, Commodity prices

This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp)...