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Europe > Ireland

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • IMF Policy Discussion Papers x
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Cover IMF Policy Discussion Papers
Lessons from Successful Labor Market Reformers in Europe
Mr. Anthony M Annett
Welfare states can be reformed successfully, and popular support for reforms can be maintained. But this requires an internally consistent package of labor market, fiscal, and product market reforms, including some kind of buy-in, through, for example, tax cuts. Empirical analysis combined with a select number of case studies-comprising Ireland, Denmark, the Netherlands, and the United Kingdom-reveals that successful reformers focused on increasing labor supply through benefit reform, lowering tax wedges, and lowering government consumption. At the same time, greater labor supply translated into employment growth more effectively in the presence of liberal labor and product markets.
Keywords:
PDP; labor market; country; wage; product market; labor market regulation; Labor supply; wage moderation; fiscal adjustment; political economy; event study; product market rigidity; employment growth; product market regulation indices; Labor taxes; Wages; Employment; Labor markets; Europe
Cover IMF Policy Discussion Papers
Unemployment in Ireland: A Survey of Features and Causes
Julio A. Santaella
This paper examines the problem of unemployment in Ireland. A brief description of the main distinctive features of the structure of Irish unemployment is presented. Based on up to date literature, the possible causes behind unemployment are reviewed. Empirical studies that have quantified the contributions of different determinants to the increase in Irish unemployment are also surveyed. The paper concludes with some policy suggestions.
Keywords:
PDP; Ireland; wage; labor market; tax wedge; Ireland employment; Ireland unemployment; Ireland labor force determinant; unemployment problem; Ireland adjustment; Ireland structure; wage agreement; Ireland composition; Unemployment; Unemployment rate; Employment; Labor force; Labor markets; Europe
Cover IMF Policy Discussion Papers
International Capital Transactions: Should They Be Restricted?
Mr. Norman S. Fieleke
Some prominent economists and officials contend that government restrictions should be used to limit international capital movements that are considered destabilizing. This paper briefly summarizes the recent usage of such restrictions, discusses their international acceptance and their theoretical justification, reviews recent empirical studies of their efficacy, and examines their efficacy in Ireland, Spain, and Portugal during the latter part of 1992. The conclusion is that such restrictions typically have no more than fleeting and minor success in attaining their objectives.
Keywords:
PDP; capital; control; return; capital surge; capital controls encounter; Portuguese escudo; foreign exchange value; market participant; Irish pound; capital control systems; capital transactions; destabilizing capital movement; Capital controls; Capital flows; Exchange rates; Currencies; Interbank rates; Europe