Narrow Your Choices

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Europe > Ireland

You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • Labor-Management Relations, Trade Unions, and Collective Bargaining: General x
Clear All Modify Search
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 Working Papers
Measuring the Trade Effects of EMU
Mr. Hamid Faruqee
This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel data for 22 industrial countries, the analysis estimates the effect of the euro's arrival on area-wide trade compared to bilateral trade flows between other industrial countries. Controlling for other influences according to the "gravity" model of trade, the panel analysis employs cointegration techniques to obtain reliable point estimates of EMU trade effects. Cross-country differences with respect to EMU trade gains and underlying factors accounting for these differences are also further explored.
Keywords:
WP; trade; monetary union; trade gain; EMU trade effect; Currency unions; gravity model; bilateral trade; EMU trade impact; -area trade; EMU membership; industry trade share; aggregate EMU variable; Monetary unions; Trade balance; Currencies; Labor unions; Exchange rates; Europe