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World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

The Internal Job Market of the IMF's Economist Program

The Internal Job Market of the IMF's Economist Program »

Source: The Internal Job Market of the IMF's Economist Program

Volume/Issue: 2004/190

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2004

ISBN: 9781451859690

Keywords: Matching, stability, marriage problem, deferred acceptance algorithm, Gale-Shapley, entry-level job market, job market, job offer, job offers, labor markets

This paper shows how the internal job market for participants in the IMF Economist Program (EPs) could be redesigned to eliminate most of the shortcomings of the current system. The new design is based on Gale and...

Mauritius

Mauritius »

Source: Mauritius : Unemployment and the Role of Institutions

Volume/Issue: 2003/211

Series: IMF Working Papers

Author(s): James Yao , and Calvin McDonald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

ISBN: 9781451874860

Keywords: institutions, wage, skilled labor, employment, labor demand, labor market, Demand and Supply of Labor: General, Unemployment: Models, Duration, Incidence

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this tr...

Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis•

Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis• »

Source: Can Policies Affect Employment Intensity of Growth? A Cross-Country Analysis

Volume/Issue: 2012/218

Series: IMF Working Papers

Author(s): Davide Furceri , Ernesto Crivelli , and Joël Toujas-Bernate

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2012

ISBN: 9781475505689

Keywords: employment elasticities, structural policies, reforms, labor market, labor market policies, Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other, Mobility

The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of...

People’s Republic of China—Hong Kong Special Administrative Region: Staff Report for the 1999 Article IV Consultation Discussions

People’s Republic of China—Hong Kong Special Administrative Region: Staff Report for the 1999 Article IV Consultation Discussions »

Source: People's Republic of China-Hong Kong Special Administrative Region : Staff Report for the 1999 Article IV Consultation Discussions

Volume/Issue: 2000/28

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 March 2000

ISBN: 9781451935745

Keywords: exchange rate, interest rates, balance of payments, labor market, real interest rates

The Asian crisis hit the Hong Kong Special Administrative Region (SAR) economy hard in 1998, despite its generally strong fundamentals. In response to the crisis, the authorities eased fiscal policy-within the fram...

IMF Concludes Article IV Consultation with People’s Republic of China in Respect of the Hong Kong Special Administrative Region

IMF Concludes Article IV Consultation with People’s Republic of China in Respect of the Hong Kong Special Administrative Region »

Source: People's Republic of China-Hong Kong Special Administrative Region : Staff Report for the 1999 Article IV Consultation Discussions

Volume/Issue: 2000/28

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 March 2000

ISBN: 9781451935745

Keywords: exchange rate, interest rates, balance of payments, labor market, real interest rates

The Asian crisis hit the Hong Kong Special Administrative Region (SAR) economy hard in 1998, despite its generally strong fundamentals. In response to the crisis, the authorities eased fiscal policy-within the fram...

Slowdown in Emerging Markets

Slowdown in Emerging Markets »

Source: Slowdown in Emerging Markets : Sign of a Bumpy Road Ahead?

Volume/Issue: 2014/205

Series: IMF Working Papers

Author(s): Evridiki Tsounta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 November 2014

ISBN: 9781498304719

Keywords: potential growth, emerging market economies, growth, growth rate, capital, tfp, labor, Macroeconomic Analyses of Economic Development,

Following very strong growth during the period 2000-12, emerging market economies (EMEs) experienced a slowdown in the last couple of years. This paper examines the supply-side drivers of the strong growth performa...

A Real Model of Transitional Growth and Competitiveness in China1

A Real Model of Transitional Growth and Competitiveness in China1 »

Source: A Real Model of Transitional Growth and Competitiveness in China

Volume/Issue: 2008/99

Series: IMF Working Papers

Author(s): Leslie Lipschitz , Genevieve Verdier , and Celine Rochon

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2008

ISBN: 9781451869606

Keywords: saving, surplus labor, foreign capital, domestic capital, fdi, international capital markets, capital mobility,

We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marg...

Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Anchoring Growth: The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies »

Source: Anchoring Growth : The Importance of Productivity-Enhancing Reforms in Emerging Market and Developing Economies

Volume/Issue: 2013/8

Series: Staff Discussion Notes

Author(s): Era Dabla-Norris , Giang Ho , Kalpana Kochhar , Annette Kyobe , and Robert Tchaidze

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2013

ISBN: 9781616357290

Keywords: Emerging markets, Developing countries, Economic growth, Agricultural sector, Fiscal reforms, Manufacturing sector, Labor markets, Labor productivity, Services sector, Total factor productivity

Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and an...

Inequality and Labor Market Institutions

Inequality and Labor Market Institutions »

Source: Inequality and Labor Market Institutions

Volume/Issue: 2015/14

Series: Staff Discussion Notes

Author(s): Florence Jaumotte , and Carolina Osorio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2015

ISBN: 9781513577258

Keywords: Minimum wage, Inequality, top income shares, unions, labor market, union density, labor, unemployment, Equity, Justice

The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is associated with r...

The Impact of Tradeon Wages

The Impact of Tradeon Wages »

Source: The Impact of Tradeon Wages : What If Countries Are Not Small?

Volume/Issue: 2006/155

Series: IMF Working Papers

Author(s): Ichiro Tokutsu , and Mika Saito

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451864151

Keywords: wage, skilled labor, tariff rates, intermediate inputs, Neoclassical Models of Trade, Country and Industry Studies of Trade, Trade and Labor Market Interactions, Existence and Stability Conditions of Equilibrium,

This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices, which are typically exogenously given under the small open economy assumption. Using the 1995 i...