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Middle East Transitions: A Long, Hard Road
Yusuf, Shahid - International Monetary Fund (IMF) - 2014
Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined …
Persistent link: https://www.econbiz.de/10011142081
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Breaking the Curse of Sisyphus; An Empirical Analysis of Post-Conflict Economic Transitions
Cevik, Serhan; Rahmati, Mohammad - International Monetary Fund (IMF) - 2013
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960–2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic,...
Persistent link: https://www.econbiz.de/10011242246
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The Macroprudential Framework; Policy Responsiveness and Institutional Arrangements
Lim, Cheng Hoon; Krznar, Ivo; Lipinsky, Fabian; Otani, Akira - International Monetary Fund (IMF) - 2013
This paper gauges if, and how, institutional arrangements are correlated with the use of macroprudential policy instruments. Using data from 39 countries, the paper evaluates policy response time in various types of institutional arrangements for macroprudential policy and finds that the...
Persistent link: https://www.econbiz.de/10011242316
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Recent U.S. Labor Force Dynamics: Reversible or not?
Balakrishnan, Ravi; Dao, Mai; Sole, Juan; Zook, Jeremy - International Monetary Fund (IMF) - 2015
The U.S. labor force participation rate (LFPR) fell dramatically following the Great Recession and has yet to start recovering. A key question is how much of the post-2007 decline is reversible, something which is central to the policy debate. The key finding of this paper is that while around...
Persistent link: https://www.econbiz.de/10011242381
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Uncertainty and Unemployment: The Effects of Aggregate and Sectoral Channels
Choi, Sangyup; Loungani, Prakash - International Monetary Fund (IMF) - 2015
We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …
Persistent link: https://www.econbiz.de/10011242392
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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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Banks and Labor As Stakeholders; Impacton Economic Performance
Ueda, Kenichi; Claessens, Stijn - International Monetary Fund (IMF) - 2008
Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been …
Persistent link: https://www.econbiz.de/10005825652
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The Aging of the Population and the Size of the Welfare State
Swagel, Phillip; Sadka, Efraim; Razin, Assaf - International Monetary Fund (IMF) - 2002
Data for the United States and countries in Western Europe indicate a negative correlation between the dependency ratio and both labor tax rates and the generosity of social transfers, after controlling for other factors that influence the size of the welfare state. This is despite the increased...
Persistent link: https://www.econbiz.de/10005825663
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Measuring a Roller Coaster; Evidenceon the Finnish Output Gap
Billmeier, Andreas - International Monetary Fund (IMF) - 2004
The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various empirical methods. It evaluates these methods against economic history and each other by a...
Persistent link: https://www.econbiz.de/10005825681
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The Effects of Early Retirementon Youth Unemployment; The Case of Belgium
Pestieau, Pierre; Lefèbvre, Mathieu; Jousten, Alain; … - International Monetary Fund (IMF) - 2008
elderly labor force participation and youth unemployment. From a theoretical point of view, there is no convincing argument …
Persistent link: https://www.econbiz.de/10005825708