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Western Hemisphere > Suriname

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

  • Type: Journal Issue x
  • Unemployment: Models, Duration, Incidence, and Job Search x
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Cover IMF Working Papers
Labor Market Issues in the Caribbean: Scope to Mobilize Employment Growth
Ms. Magda E. Kandil
,
Mrs. Genevieve M Lindow
,
Mr. Mario Mansilla
,
Mr. Joel Chiedu Okwuokei
,
Jochen M. Schmittmann
,
Qiaoe Chen
,
Xin Li
,
Marika Santoro
, and
Solomon Stavis
The paper examines the determinants of employment growth, drawing on data available across a sample of Caribbean countries. To that end, the paper analyzes estimates of the employment-output elasticity and the response of employment growth to major sources of labor market determinants, in the long and short run. The main determinants of employment include government investment and private sector credit, while the major determinants of external performance are real effective exchange rate, the price of major exporting commodities, the number of tourists, and growth in major trading partners. The paper concludes with a menu of policy recommendations and structural reforms towards sustaining high employment growth and higher living standards in the Caribbean.
Keywords:
WP; employment growth; labor market; employment-output elasticity; business cycles; Caribbean; macro policies; structural reforms; private sector; elasticity estimate; government employment program; determination flexibility; job content; Employment; Labor markets; Unemployment rate; Unemployment; Labor force; Global
Cover IMF Staff Papers
IMF Staff papers: Volume 18 No. 3
International Monetary Fund. Research Dept.
This paper discusses the implications for credit policy of changes in the income velocity of money; it neglects other policy elements of financial programs unless they have a direct bearing on velocity changes. Control over credit expansion by domestic banks is used to influence expenditure decisions, since the availability of credit has a strong impact on expenditures on domestic and foreign goods and services and, possibly, on net capital flows and, therefore, on the balance of payments. The paper also describes some relationships between monetary and national income accounts in order to identify the changes in velocity that must be considered in determining credit policies. The relevance of incorporating lags into the demand for money function has been mentioned earlier. Lags in the formation of expectations within a country usually can be expected to change only slowly over time and, therefore, can be assumed constant in the estimation of the demand for money function.
Keywords:
SP; interest rate; tax ratio; exchange rate expectation; EEC currency; EEC country; mining share; Personal income; Exchange rates; Demand for money; Unemployment; Currencies; South America; Central America; Middle East; North Africa; Africa; Caribbean; Europe