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Regional Labor Market Adjustments in the United States and Europe

Dao, Mai; Furceri, Davide; Loungani, Prakash - International Monetary Fund (IMF) - 2014

estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state … decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation … rate as absorber of regional shocks has increased, (iii) the response of net migration to regional shocks is stronger …

Persistent link: https://www.econbiz.de/10010790322

Regional Labor Market Adjustments in the United States

Dao, Mai; Furceri, Davide; Loungani, Prakash - International Monetary Fund (IMF) - 2014

of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as … absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during … pattern of migration response based on the variation in consumption risk sharing. …

Persistent link: https://www.econbiz.de/10011105396

Labor Market Pooling

Blasio, Guido De; Addario, Sabrina Di - International Monetary Fund (IMF) - 2002

The paper provides an empirical investigation of labor market pooling. The analysis concentrates on Italian industrial districts and shows that there is scattered evidence of a widespread wage premium. In particular, there is no evidence of district differentials for the returns to seniority...

Persistent link: https://www.econbiz.de/10005825772

The Role of Affordable Mortgages in Improving Living Standards and Stimulating Growth; A Survey of Selected Mena Countries

Nothaft, Frank E.; Erbas, S. Nuri - International Monetary Fund (IMF) - 2002

This paper argues that making affordable home mortgage loans available to a large cross section of the population will serve both the redistributive and growth-enhancing objectives of poverty reduction policies. The current state of housing and mortgage markets in selected Middle East and North...

Persistent link: https://www.econbiz.de/10005825998

What Would a Development-Friendly WTO Architecture Really Look Like?

Subramanian, Arvind; Mattoo, Aaditya - International Monetary Fund (IMF) - 2003

This paper elaborates on a number of key principles that need to underpin a coherent and development-friendly architecture for the WTO. The key principles include enlarging the scope of WTO bargaining to include labor flows as well as capital flows; creating a structure that would provide a...

Persistent link: https://www.econbiz.de/10005826269

Regional Labor Market Disparities in Belgium

Estevão, Marcello M. - International Monetary Fund (IMF) - 2002

short-run adjustment is over, there is less labor migration in Belgium than in the United States or Europe, corroborating …

Persistent link: https://www.econbiz.de/10005826565

Chronicle of a Decline Foretold; Has China Reached the Lewis Turning Point?

Das, Mitali; N'Diaye, Papa M - International Monetary Fund (IMF) - 2013

China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and then begin a precipitous decline. This fact, along with anecdotes of rapidly rising migrant wages...

Persistent link: https://www.econbiz.de/10011242230

Productivity Growth and Structural Reform in Bulgaria; Restarting the Convergence Engine

Pouvelle, Cyril; Mitra, Pritha - International Monetary Fund (IMF) - 2012

Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural problems in its labor market, reflected in its...

Persistent link: https://www.econbiz.de/10011242306

Switzerland: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Switzerland

International Monetary Fund (IMF); International … - 2014

This 2014 Article IV Consultation outlines that the growth of the Swiss economy has gathered pace, but inflation remains close to zero. The recovery is expected to continue and inflation should rise gradually although the output gap will progressively close. The fiscal position is healthy, with...

Persistent link: https://www.econbiz.de/10011243413

Italy; Selected Issues

International Monetary Fund (IMF); International … - 2011

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...

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