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A Systems Approach to Estimating the Natural Rate of Unemployment and Potential Output for the United States

International Monetary Fund - 1989

The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential …

Persistent link: https://www.econbiz.de/10014396053

Social Security Tax Reform and Unemployment : A General Equilibrium Analysis for France

International Monetary Fund - 1997

various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …

Persistent link: https://www.econbiz.de/10014401626

Wage Compression, Employment Restrictions and Unemployment : The Case of Mauritius

International Monetary Fund - 2004

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

Persistent link: https://www.econbiz.de/10014404032

Structural Determinants of the Natural Rate of Unemployment in Canada

International Monetary Fund - 1989

This paper presents empirical estimates of the policy and structural determinants of the natural rate of unemployment … real wages to their equilibrium level. Estimates are presented showing how the generosity of the unemployment insurance … system is related to past levels of unemployment. The empirical results indicate that government policies have been largely …

Persistent link: https://www.econbiz.de/10014396305

Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility : The Case of Belgium

International Monetary Fund - 1994

This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian …

Persistent link: https://www.econbiz.de/10014398156

Some Uncomfortable Arithmetic Regarding Europe’s Public Finances

International Monetary Fund - 2010

Traditional fiscal indicators focused on measures of current deficits and debt miss the potentially important implications of current policies for future public finances. This could be problematic, including in the case of Europe, where population aging is expected to pose additional fiscal...

Persistent link: https://www.econbiz.de/10014402857

On the Estimation of Term Structure Models and An Application to the United States

International Monetary Fund - 2010

This paper discusses the estimation of models of the term structure of interest rates. After reviewing the term structure models, specifically the Nelson-Siegel Model and Affine Term- Structure Model, this paper estimates the terms structure of Treasury bond yields for the United States with...

Persistent link: https://www.econbiz.de/10014402641

Deconstructing the International Business Cycle : Why Does a U.S. Sneeze Give the Rest of the World a Cold?

International Monetary Fund - 2010

The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced country regions in a structural VAR (SVAR) using pre-crisis data. Our new method...

Persistent link: https://www.econbiz.de/10014402644

Tax Policy and National Savings in the United States: A Survey

International Monetary Fund - 1988

This paper explores how tax policy affects the level and allocation of national savings in the United States. It argues that the effect of taxes on the overall private saving level is relatively small and uncertain and that raising public saving is the most direct and efficient way to raise...

Persistent link: https://www.econbiz.de/10014395849

National Savings and Targets for the Federal Budget Balance in the United States

International Monetary Fund - 1989

The U.S. national savings rate has declined in the 1980s, with both public and private components falling. This paper discusses that decline and whether a policy response is needed. The drop in the private savings rate appears to reflect factors not easily reversible by policy and increases in...

Persistent link: https://www.econbiz.de/10014395902