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How Big Are the Benefits of Economic Diversification? Evidence from Earthquakes

How Big Are the Benefits of Economic Diversification? Evidence from Earthquakes »

Source: How Big Are the Benefits of Economic Diversification? Evidence from Earthquakes

Volume/Issue: 2005/48

Series: IMF Working Papers

Author(s): Rodney Ramcharan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860672

Keywords: Risk, diversification, earthquakes, earthquake, disasters, epidemiology of disasters, Macroeconomics: Consumption, Saving, Production, Employment

Economic activity is risky. Returns across economic sectors can be highly variable, potentially causing costly adjustments to consumption. However, when returns are imperfectly correlated across sectors and insuran...

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...

Unemployment and Productivity in the Long Run

Unemployment and Productivity in the Long Run »

Source: Unemployment and Productivity in the Long Run : the Role of Macroeconomic Volatility

Volume/Issue: 2010/259

Series: IMF Working Papers

Author(s): Paolo Surico , Luca Ricci , and Pierpaolo Benigno

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455209590

Keywords: macroeconomic volatility, downward wage rigidities, unemployment rate, employment, unemployment rates, rate of unemployment, Macroeconomics and Monetary Economics: General, Macroeconomics: Consumption, Saving, Production

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run produc...

How Big Are the Benefits of Economic Diversification? Evidence from Earthquakes

How Big Are the Benefits of Economic Diversification? Evidence from Earthquakes »

Volume/Issue: 2005/48

Series: IMF Working Papers

Author(s): Rodney Ramcharan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

DOI: http://dx.doi.org/10.5089/9781451860672.001

ISBN: 9781451860672

Keywords: Risk, diversification, earthquakes, earthquake, disasters, epidemiology of disasters, Macroeconomics: Consumption, Saving, Production, Employment

Economic activity is risky. Returns across economic sectors can be highly variable, potentially causing costly adjustments to consumption. However, when returns are imperfectly correlated across sectors and insuran...

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

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

DOI: http://dx.doi.org/10.5089/9781475505689.001

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...

Unemployment and Productivity in the Long Run
			: the Role of Macroeconomic Volatility

Unemployment and Productivity in the Long Run : the Role of Macroeconomic Volatility »

Volume/Issue: 2010/259

Series: IMF Working Papers

Author(s): Paolo Surico , Luca Ricci , and Pierpaolo Benigno

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

DOI: http://dx.doi.org/10.5089/9781455209590.001

ISBN: 9781455209590

Keywords: macroeconomic volatility, downward wage rigidities, unemployment rate, employment, unemployment rates, rate of unemployment, Macroeconomics and Monetary Economics: General, Macroeconomics: Consumption, Saving, Production

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run produc...