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Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence »

Volume/Issue: 1997/3

Series: IMF Working Papers

Author(s): Patrick Van Houdt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

DOI: http://dx.doi.org/10.5089/9781451841862.001

ISBN: 9781451841862

Keywords: labor market, labor market policies, unemployment, employment, active labor

Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market polic...

Effects of Globalization on Labor's Share in National Income

Effects of Globalization on Labor's Share in National Income »

Volume/Issue: 2006/294

Series: IMF Working Papers

Author(s): Anastasia Guscina

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

DOI: http://dx.doi.org/10.5089/9781451865547.001

ISBN: 9781451865547

Keywords: Labor&;amp;#x2019;s share, capital&;amp;#x2019;s share, labor protection, bargaining power, compensation share, employment share, Heckscher-Ohlin theorem, employment, employment protection, labor share

The past two decades have seen a decline in labor's share of national income in several industrial countries. This paper analyzes the role of three factors in explaining movements in labor's share--factor-biased te...

Global Aging and Declining World Interest Rates
			: Macroeconomic Insurance Through Pension Reform in Cyprus

Global Aging and Declining World Interest Rates : Macroeconomic Insurance Through Pension Reform in Cyprus »

Volume/Issue: 2008/98

Series: IMF Working Papers

Author(s): Alexander Hoffmaister , Jaime Guajardo , and Mario Catalan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2008

DOI: http://dx.doi.org/10.5089/9781451869590.001

ISBN: 9781451869590

Keywords: Pension reform, dynamic general equilibrium model, population aging, pension, benefits, pension benefits, retirement,

How will the world-wide decline in real interest rates associated with global aging affect small open economies (SOEs) with aging populations? Lower interest rates will result in higher capital-labor ratios and inc...

Globalization and Income Inequality
			: A European Perspective

Globalization and Income Inequality : A European Perspective »

Volume/Issue: 2007/169

Series: IMF Working Papers

Author(s): Thomas Harjes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

DOI: http://dx.doi.org/10.5089/9781451867336.001

ISBN: 9781451867336

Keywords: wage, wages, labor share, labor markets, labor market, Globlization,

There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These concerns have often surfaced in response to falling labor income shares in aggregate national in...

How Do Fiscal and Labor Policies in France Affect Inequality?

How Do Fiscal and Labor Policies in France Affect Inequality? »

Volume/Issue: 2016/41

Series: IMF Working Papers

Author(s): Raphael Espinoza , and Esther Perez Ruiz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 February 2016

DOI: http://dx.doi.org/10.5089/9781513515960.001

ISBN: 9781513515960

Keywords: redistribution, market income inequality, labor market policies, fiscal policies, labor, unemployment, minimum wage, workers, income distribution, Personal Income and Wealth Distribution

This paper explores the impact of fiscal and labor market policies on efficiency, inequality, and fiscal outcomes in France. We extend the general equilibrium model calibrated for France by Alla and others (2015),...

How Has The Globalization of Labor Affected the Labor Income Share in Advanced Countries?

How Has The Globalization of Labor Affected the Labor Income Share in Advanced Countries? »

Volume/Issue: 2007/298

Series: IMF Working Papers

Author(s): Florence Jaumotte , and Irina Tytell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2007

DOI: http://dx.doi.org/10.5089/9781451868616.001

ISBN: 9781451868616

Keywords: offshoring, outsourcing, labor share, skills, translog revenue function, labor compensation, compensation, labor market, labor force,

Labor markets around the world have become increasingly integrated over the last two decades, with the entry of China, India and the former Eastern bloc into the world trading system, the removal of restrictions on...

Inequality of Opportunity, Inequality of Income and Economic Growth

Inequality of Opportunity, Inequality of Income and Economic Growth »

Volume/Issue: 2019/34

Series: IMF Working Papers

Author(s): Shekhar Aiyar , and Christian Ebeke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

DOI: http://dx.doi.org/10.5089/9781484396988.001

ISBN: 9781484396988

Keywords: Income inequality, Economic growth, Income distribution, Income shocks, Human capital, Intergenerational Mobility;Growth;Gini;inequality;elasticity;unequal access;Brueckner

We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by int...

Macroeconomic Impacts of Gender Inequality and Informality in India

Macroeconomic Impacts of Gender Inequality and Informality in India »

Volume/Issue: 2016/16

Series: IMF Working Papers

Author(s): Purva Khera

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 February 2016

DOI: http://dx.doi.org/10.5089/9781475590784.001

ISBN: 9781475590784

Keywords: gender inequality, informality, DSGE model, Indian economy, Bayesian estimation, labor market, labor, workers, unemployment, labor force

This paper examines the macroeconomic interaction between informality and gender inequality in the labor market. A dynamic stochastic general equilibrium model is built to study the impact of gender-targeted polici...

Migration, Human Capital, and Poverty in a Dual-Economy Model of a Developing Country

Migration, Human Capital, and Poverty in a Dual-Economy Model of a Developing Country »

Volume/Issue: 2001/128

Series: IMF Working Papers

Author(s): Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2001

DOI: http://dx.doi.org/10.5089/9781451855050.001

ISBN: 9781451855050

Keywords: wage, unemployment, employment, unemployed, Measurement and Analysis of Poverty, Economic Development: Regional, Urban, and Rural Analyses,

The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distrib...

Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis

Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis »

Volume/Issue: 2010/127

Series: IMF Working Papers

Author(s): Yan Sun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2010

DOI: http://dx.doi.org/10.5089/9781455200863.001

ISBN: 9781455200863

Keywords: Potential growth, TFP, nairu, capital stock, labor force participation rate, labor force participation,

Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global crisis, but have...