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Product Market Regulation and the Benefits of Wage Moderation

Product Market Regulation and the Benefits of Wage Moderation »

Source: Product Market Regulation and the Benefits of Wage Moderation

Volume/Issue: 2005/191

Series: IMF Working Papers

Author(s): Marcello Estevão

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

ISBN: 9781451862102

Keywords: Structural change, product market, labor market, reforms, wage, unemployment, employment, unemployment rate, Market Structure and Pricing: General,

Euro-area real wages have decelerated sharply in the last 20 years, but this has not yet translated into visibly lower unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling...

Institutional Quality and International Trade

Institutional Quality and International Trade »

Source: Institutional Quality and International Trade

Volume/Issue: 2004/231

Series: IMF Working Papers

Author(s): Andrei Levchenko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

ISBN: 9781451875560

Keywords: institutions, incomplete contracts, institutional quality, factor endowments, factor price, trade opening, Neoclassical Models of Trade, Country and Industry Studies of Trade, Trade and Labor Market Interactions,

The quality of institutions-meaning the quality of contract enforcement, property rights, shareholder protection, and the like-has received a great deal of attention in recent years. The purposes of this paper are...

The Euro’s Effecton Trade Imbalances

The Euro’s Effecton Trade Imbalances »

Source: The Euro's Effecton Trade Imbalances

Volume/Issue: 2010/226

Series: IMF Working Papers

Author(s): Helge Berger , and Volker Nitsch

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455208913

Keywords: imbalances, trade balance, trade surplus, trade deficit, EMU, European integration, exchange rate, trade imbalances, exchange rates, real exchange rate

When does trade become a one-way relationship? We study bilateral trade balances for a sample of 18 European countries over the period from 1948 through 2008. We find that, with the introduction of the euro, trade...

Product Market Regulation and the Benefits of Wage Moderation

Product Market Regulation and the Benefits of Wage Moderation »

Volume/Issue: 2005/191

Series: IMF Working Papers

Author(s): Marcello Estevão

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

DOI: http://dx.doi.org/10.5089/9781451862102.001

ISBN: 9781451862102

Keywords: Structural change, product market, labor market, reforms, wage, unemployment, employment, unemployment rate, Market Structure and Pricing: General,

Euro-area real wages have decelerated sharply in the last 20 years, but this has not yet translated into visibly lower unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling...

Institutional Quality and International Trade

Institutional Quality and International Trade »

Volume/Issue: 2004/231

Series: IMF Working Papers

Author(s): Andrei Levchenko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2004

DOI: http://dx.doi.org/10.5089/9781451875560.001

ISBN: 9781451875560

Keywords: institutions, incomplete contracts, institutional quality, factor endowments, factor price, trade opening, Neoclassical Models of Trade, Country and Industry Studies of Trade, Trade and Labor Market Interactions,

The quality of institutions-meaning the quality of contract enforcement, property rights, shareholder protection, and the like-has received a great deal of attention in recent years. The purposes of this paper are...

The Euro's Effecton Trade Imbalances

The Euro's Effecton Trade Imbalances »

Volume/Issue: 2010/226

Series: IMF Working Papers

Author(s): Helge Berger , and Volker Nitsch

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

DOI: http://dx.doi.org/10.5089/9781455208913.001

ISBN: 9781455208913

Keywords: imbalances, trade balance, trade surplus, trade deficit, EMU, European integration, exchange rate, trade imbalances, exchange rates, real exchange rate

When does trade become a one-way relationship? We study bilateral trade balances for a sample of 18 European countries over the period from 1948 through 2008. We find that, with the introduction of the euro, trade...