The Spanish Labor Market in a Cross-Country Perspective
In: IMF Working Papers, S. 1-52
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In: IMF Working Papers, S. 1-52
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In: Revue économique de l'OCDE, Band 2003, Heft 2, S. 57-123
ISSN: 1684-3444
In: OECD economic studies, Band 2003, Heft 2, S. 51-108
ISSN: 1609-7491
In: IMF Working Paper No. 04/206
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In: OECD journal: economic studies, Heft 2/37, S. 51-108
ISSN: 1995-2848, 0255-0822
World Affairs Online
In: IMF Working Papers
While inflation differentials in a monetary union can be benign, reflecting a catch-up process, or an adjustment mechanism to asymmetric shocks or different business cycles, they may also indicate distortions related to inefficiencies in domestic product and labor markets that amplify or make more persistent the impact of shocks on inflation. The paper examines the determinants of inflation differentials in the euro area, with emphasis on the role of country specific labor and product market institutions. The analysis uses a traditional backward-looking Phillips curve equation and augments it
In: IMF Working Paper No. 12/37
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In: IMF Working Papers, S. 1-49
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In: IMF Working Papers, S. 1-54
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In: IMF Staff Discussion Note No. 15/14
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Working paper
In: IMF Working Papers
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction in inequality, financial globalization-and foreign direct investment in particular-is associated with an increase. A key finding is that both globalization and technological changes increase the returns on human capital, underscoring t
In: Climate policy, Band 24, Heft 4, S. 515-528
ISSN: 1752-7457
In: IMF Working Paper No. 2021/195
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