Italy; Selected Issues

Based on the economic literature, various policy measures and institutions in the product and labor markets that increase growth and employment are studied. From a cross-country approach, this study finds a significant relationship between Vertical Fiscal Imbalances (VFIs) and fiscal performance in OECD countries. Different measures of vertical imbalance are used. To assess the impact of a vertical gap, a panel equation is estimated that is related to general government primary balance to vertical balance, spending decentralization, covariates, and interaction terms.

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Year of publication:	2011-07-13
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Economic growth \| Employment \| Fiscal reforms \| Global competitiveness \| Labor market policy \| Labor market reforms \| Productivity \| Selected issues \| labor market \| unemployment \| employment rate \| labour \| employment protection \| job creation \| labour market \| temporary employment \| employment growth \| labor market dualism \| labor utilization \| female employment \| labor productivity \| unemployment rate \| labor market performance \| bargaining system \| labor costs \| aggregate employment \| labor markets \| employment rates \| labor cost \| employment protection legislation \| labor productivity growth \| high employment \| labor market deregulation \| employment risk \| labor demand \| full-time employment \| labour supply \| average wage \| youth employment \| employment outlook \| labor supply \| equilibrium unemployment \| aggregate unemployment \| labor force participation \| aggregate unemployment rate \| jobs \| labor force \| bargaining institutions \| labor market institutions \| labor market imbalances \| labor market rigidities \| employment patterns \| employment creation \| effects on employment \| labor adjustment costs \| active labour market policies \| active labour \| high level of employment \| labour demand \| entry-level jobs \| long-term unemployment \| regional labor force \| labor market liberalization \| bargaining power \| labor market reform \| youth unemployment rate \| low employment \| temporary jobs \| labour mobility \| labor contracts \| job protection \| labor mobility \| collective bargaining \| labor market policies \| overall employment \| skilled workers \| labor adjustment \| active labour market \| earnings growth \| labour market reform \| long-run employment \| long-term unemployment rate \| cost of employment \| labor market flexibility \| youth unemployment \| part-time employment \| labor market indicators \| employment legislation \| regional employment \| employment performance \| job losses \| labour market performance \| productive employment \| labor-intensive technologies \| labor force participation rate \| labour market policies \| temporary workers \| labor market regulation

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 11/176 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244125