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Belgium; Selected Issues
International Monetary Fund (IMF); International … - 2004
Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the...
Persistent link: https://www.econbiz.de/10005768647
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Macroeconomic Evaluation of Labor Market Reform in Germany
Krebs, Tom; Scheffel, Martin - International Monetary Fund (IMF) - 2013
-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …
Persistent link: https://www.econbiz.de/10010790434
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Finland; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Finland
International Monetary Fund (IMF); International … - 2006
This 2005 Article IV Consultation highlights that Finland’s economic performance in recent years continued to be favorable. Growth has outpaced that in the euro area and is expected to pick up to more than 3 percent in 2006. The external current account has remained comfortably in...
Persistent link: https://www.econbiz.de/10005824947
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Colombia; Selected Issues
International Monetary Fund (IMF); International … - 2005
. At end-2004, the unemployment rate amounted to 12 percent, and about one-third of the labor force was considered …
Persistent link: https://www.econbiz.de/10005824954
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France; 2005 Article IV Consultation-Staff Report, Staff Supplement, and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2005
This 2005 Article IV Consultation highlights that the cyclical recovery of the French economy was interrupted in the first half of 2005, as previously strong domestic demand faltered and the external sector continued to exert a drag on growth. In 2004, growth was faster and more...
Persistent link: https://www.econbiz.de/10005825062
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Republic of Armenia; Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2003
The Poverty Reduction Strategy Paper (PRSP) has been developed for eradicating poverty in Armenia. It analyzes the poverty situation of Armenia, and evaluates the methodology and methodological issues. It discusses the PRSP goals, main policy directions, solution to poverty, and the reduction of...
Persistent link: https://www.econbiz.de/10005825381
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Danish for All? Balancing Flexibility with Security; The Flexicurity Model
Zhou, Jian-Ping - International Monetary Fund (IMF) - 2007
labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960 …-2002, the paper identifies the elements of the flexicurity model that may have contributed to the low unemployment rate. A … the financing aspect, the paper finds that effective implementation will depend on the initial unemployment level and …
Persistent link: https://www.econbiz.de/10005825613
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Reforming Employment Protection Legislation in France
Zhou, Jian-Ping - International Monetary Fund (IMF) - 2006
EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …
Persistent link: https://www.econbiz.de/10005825839
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Mauritius; Unemployment and the Role of Institutions
Yao, James Y.; McDonald, Calvin A. - International Monetary Fund (IMF) - 2003
Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged … growth of higher-skilled sectors coupled with rigidities in the labor market seem to account for the observed unemployment …
Persistent link: https://www.econbiz.de/10005826105
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Productivity Growth and Structural Reform in Bulgaria; Restarting the Convergence Engine
Pouvelle, Cyril; Mitra, Pritha - International Monetary Fund (IMF) - 2012
problems in its labor market, reflected in its high long–term and youth unemployment. Our analysis of the drivers of labor …
Persistent link: https://www.econbiz.de/10011242306