America, Asia and MENA). It covers the period 1979-2004, and carries out second-generation tests for non-stationary panels …

Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so … Auswirkungen bei sehr niedriger Inflation nicht zu vernachlässigen sind. Die Ergebnisse dieser Literatur sollten daher bei der …In the presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by …

employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation …

Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and …

Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and …

that the within-country relationship of women's employment and income is, on average, negative in Asia and Latin America … and potentially correlated shocks. In Asia and Latin America, characteristics that strengthen counter-cyclical responses … self-employment amongst women. In Asia and Latin America, there is a parallel rise in paid employment and a sharp drop in …

growth rates for the key emerging markets and other developing economies in Asia. China has by far the lowest share of … private consumption to GDP in Asia and, during this decade, has recorded the lowest rate of employment growth relative to GDP … and Vietnam. To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment balances …

An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …