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Price Wage And Employment Response To Shocks Evidence From The Wdn Survey
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Book Synopsis Price, Wage and Employment Response to Shocks by :
Download or read book Price, Wage and Employment Response to Shocks written by and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wage Growth and Inflation in Europe: A Puzzle? by : Vizhdan Boranova
Download or read book Wage Growth and Inflation in Europe: A Puzzle? written by Vizhdan Boranova and published by International Monetary Fund. This book was released on 2019-12-20 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wages have been rising faster than productivity in many European countries for the past few years, yet signs of underlying consumer price pressures remain limited. To shed light on this puzzle, this paper examines the historical link between wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the passthrough from wage growth to inflation is significantly lower in periods of subdued inflation and inflation expectations, greater competitive pressures, and robust corporate profitability. Thus the recent pickup in wage growth is likely to have a more muted impact on inflation than in the past.
Book Synopsis Banks, Firms, and Jobs by : Fabio Berton
Download or read book Banks, Firms, and Jobs written by Fabio Berton and published by International Monetary Fund. This book was released on 2017-02-14 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the employment effects of financial shocks using a rich data set of job contracts, matched with the universe of firms and their lending banks in one Italian region. To isolate the effect of the financial shock we construct a firm-specific time-varying measure of credit supply. The contraction in credit supply explains one fourth of the reduction in employment. This result is concentrated in more levered and less productive firms. Also, the relatively less educated and less skilled workers with temporary contracts are the most affected. Our results are consistent with the cleansing role of financial shocks.
Book Synopsis Redefining European Economic Integration by : Dariusz Adamski
Download or read book Redefining European Economic Integration written by Dariusz Adamski and published by Cambridge University Press. This book was released on 2018-04-19 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: European economic integration has relied on policies intended to make the European Union strong and resilient economically, socially and politically. The Eurozone crisis and Brexit have demonstrated, however, how fragile this hope was and how contested reforms to the major European economic policies have become. Dariusz Adamski explains the evolution of these policies - from the Economic and Monetary Union to the internal market, international trade, the EU's climate policy, as well as its redistributive policies - and demonstrates how this evolution has made European economic integration increasingly frail. He shows how erroneous economic and political assumptions regarding the direction of the European integration project have interplayed with the EU's constitutional context. Arguing that flaws in individual policies contributing to European economic integration can be remedied in compliance with the existing constitutional setup, he explains why such solutions would be economically beneficial and politically feasible.
Download or read book Monetary Policy & the Economy written by and published by . This book was released on 2009 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :European System of Central Banks. Monetary Policy Committee Publisher : ISBN 13 :9789289908214 Total Pages :143 pages Book Rating :4.9/5 (82 download)
Book Synopsis Structural Features of Distributive Trades and Their Impact on Prices in the Euro Area by : European System of Central Banks. Monetary Policy Committee
Download or read book Structural Features of Distributive Trades and Their Impact on Prices in the Euro Area written by European System of Central Banks. Monetary Policy Committee and published by . This book was released on 2011 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distributive trades sector, which is primarily accounted for by wholesale and retail trade, is not only economically important in its own right, but also relevant to monetary policy. Ultimately, it is retailers who set the actual prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around half of private consumption accounted for by retail trade. The "value added" of this intermediation service can be substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the structural features of the distributive trades sector and the developments within it, as well as how these may infl uence prices and price dynamics. Several aspects are relevant.^From a monetary policy point of view, increasing the degree of competition in the distributive trades sector may have effects not only on price levels, but also on price dynamics, via a reduction in mark-ups, an increase in price fl exibility and a greater and more rapid pass-through of changes in costs to prices. Structural developments, such as the increasing market penetration of hard discounters, online trade and private label brands, the role of buying groups and the relative bargaining power between producers and retailers are of great importance to consumers and price determination. In addition, these may have implications for the measurement of consumer prices and inflation.^More generally, the distributive trades sector plays an important role in determining cross-country differentials in productivity growth, both within and outside Europe: the sector has accounted for over one-third of the widening gap in aggregate productivity between the euro area and the United States since the mid-1990s. A specifi c contribution of this report is the use of a wide range of data sources, including a unique dataset on the location of over 100,000 individual grocery stores across most of the euro area, to investigate how to better measure the degree of competition and concentration in this sector, and to compare sector developments from a national, regional and local perspective.
Book Synopsis Social Exclusion of Youth in Europe by : Marge Unt
Download or read book Social Exclusion of Youth in Europe written by Marge Unt and published by Policy Press. This book was released on 2023-01-03 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: EPDF and EPUB available Open Access under CC-BY-NC-ND licence.Policymakers throughout Europe are enacting policies to support youth labour market integration. However, many young people continue to face unemployment, job insecurity, and the subsequent consequences.Adopting a mixed-method and multilevel perspective, this book provides a comprehensive investigation into the multifaceted consequences of social exclusion. Drawing on rich pan-European comparative and quantitative data, and interviews with young people from across Europe, this text gives a platform to the unheard voices of young people.Contributors derive crucial new policy recommendations and offer fresh insights into areas including youth well-being, health, poverty, leaving the parental home, and qualifying for social security.
Author :International Monetary Fund. European Dept. Publisher :International Monetary Fund ISBN 13 :1513516949 Total Pages :34 pages Book Rating :4.5/5 (135 download)
Book Synopsis Regional Economic Outlook, October 2019, Europe by : International Monetary Fund. European Dept.
Download or read book Regional Economic Outlook, October 2019, Europe written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-11-06 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have started to appear, especially in investment. Services and domestic consumption have been buoyant so far, but their resilience is tightly linked to labor market conditions, which, despite some easing, remain robust. Expansionary fiscal policy in many countries, and looser financial conditions, have also supported domestic demand. On balance, Europe’ s growth is projected to decline. A modest recovery is forecast for 2020 as global trade is expected to pick up and some economies recover from past stresses. This projection, broadly unchanged from the April 2019 World Economic Outlook, masks significant differences between advanced and emerging Europe. Growth in advanced Europe has been revised down, while growth in emerging Europe has been revised up. Amid high uncertainty, risks remain to the downside, with a no-deal Brexit the key risk in the near term. An intensification of trade tensions and related uncertainty could also dampen investment. More broadly, the weakness in trade and manufacturing could spread to other sectors—notably services—faster and to a greater extent than currently envisaged. Other risks stem from abrupt declines in risk appetite, financial vulnerabilities, the re-emergence of deflationary pressures in advanced economies, and geopolitics.
Book Synopsis Lagoons of Sri Lanka by : Silva, E. I. L.
Download or read book Lagoons of Sri Lanka written by Silva, E. I. L. and published by IWMI. This book was released on 2013-03-01 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sri Lanka, an island in the Indian Ocean, has lagoons along 1,338 km of its coastline. They experience low-energy oceanic waves and semidiurnal microtidal currents. The Sri Lankan coastal lagoons are not numerous but they are diverse in size, shape, configuration, ecohydrology, and ecosystem values and services. The heterogeneous nature, in general, and specific complexities, to a certain extent, exhibited by coastal lagoons in Sri Lanka are fundamentally determined by coastal and adjoining hinterland geomorphology, tidal fluxes and fluvial inputs, monsoonal-driven climate and weather, morphoedaphic attributes, and cohesive interactions with human interventions.Most coastal lagoons in Sri Lanka are an outcome of mid-Holocene marine transgression and subsequent barrier formation and spit development enclosing the water body between the land and the sea. This process has varied from one coastal stretch to another due to wave-derived littoral drift, sediment transport by tidal fluxes, fluvial inputs and wave action or, in other words, sea-level history, shore-face dynamics and tidal range as the three major factors that control the origin and maintenance of the sandy barrier, the most important features for the formation and evolution of coastal lagoons with their landward water mass. In certain stretches of Sri Lanka’s coastline, formation of the barrier spit was very active due to shore-face dynamics that resulted in chains of shore parallel, elongated lagoons. They are among the most productive in terms of ecosystem yield and show some similarities to large tropical lagoons with respect to sea entrance, zonation, biodiversity and ecosystem services. However, some of them become seasonally hypersaline due to lack of freshwater input and high evaporation. Functions and processes of some of these water bodies are fairly known. There are a fair number of small back-barrier lagoons of different shapes and sizes whose origin goes back to sea-level history. They are located on low-energy coasts with prominent beach ridges and restricted hinterland geomorphology. Mixing processes of these landward indentations are hindered by elevated sand dunes, and their salinity increases due to poor freshwater input and high evaporation leading to seasonally hypersaline conditions. These sedimented lagoons, primarily confined to the southeastern coast of the island, are biologically the least productive, with limited ecosystem values and services. Another group of moderately elongated semicircular, slightly large lagoons in the same coast, formed exclusively by submergence due to mid-Holocene sea-level rises, do not receive sufficient freshwater input leading to seasonally hypersaline conditions. They are also biologically unproductive but some are ecologically important since they provide habitats conducive to migratory birds. In contrast, some lagoons on the southern coast receive sufficient freshwater via streams draining the wet zone, maintain more estuarine salinities, exhibit rich biodiversity and serve as functional resource units. Lagoons formed by mid-Holocene submergence and recession of water level with simultaneous chain barrier formation on the high energy southwest coast, which includes cliffs, small bays and headlands, show peculiar configurations and link channel characteristics. Some of these irregular water bodies have clusters of small isles and luxuriant mangrove swamps with high biodiversity but not very rich in catadromous finfish and shellfish species due to the restricted nature of the entrance channel and nondistinct salinity gradients. The barrier-built, seasonally hypersaline lagoon complex in the Jaffna Peninsula, the largest lagoon system in the country with multiple perennial entrances show extremely narrow salinity ranges towards the upper limit of salinity. The main lagoon is elongated and the shore parallel to eastward and southward extensions is connected by narrow channels. The other lagoon in the Jaffna Peninsula is elongated, shore parallel and ribbon-shaped and receives tidal water throughout the year but freshwater is received only from precipitation and surface runoff. Even though the lagoons in the peninsula are extremely rich in ecosystem heterogeneity their hydrology and hydrodynamics have been severely disturbed by infrastructural development for transportation and by attempts to create a freshwater river for Jaffna. There are a few virgin lagoons of moderate size also on the northern coast, south of the Jaffna Peninsula on both the east and west sides. They look very typical tropical lagoons rich in biodiversity and biological production but their structure, functions and values are virtually unknown in scientific or socioeconomic terms. The lagoons located on the east coast are not numerous but relatively large in extent. They are also an outcome not only of mid-Holocene sea-level rises but of submerged multi-delta valleys or abandoned paleo estuaries. When inundated, the multi-delta valley configuration became elongated and is shore parallel with a smooth seaward shoreline; both shorelines become irregular when coastal waves are weak, and internal waves are created by the action of local winds. Configuration of a lagoon formed by inundation of an abandoned river valley is irregular with a long entrance channel extended landward. These lagoons are highly productive with a variety of associated ecosystems, large open water areas and wide perennial sea entrances. When the lagoon is too much elongated, zonation is prominent due to fewer entrance effects. Lagoons form a particular type of natural capital which generates use values (fish, shrimp, fuelwood, salt, fodder, ecotourism, anchorage, recreation, etc.) and nonuse values (habitat preservation, biodiversity, ecosystem linkages, etc.) contributing positively towards improving the human well-being. Of many values of lagoons in Sri Lanka, only the extractive values are generally utilized at present, by way of fish and shrimp catches, salt production and use of mangrove for various purposes. Besides, coastal lagoons generate a range of nonextractive use values and nonuse values, which could add towards the total economic value. Misuse has taken place at several instances when “use” adversely affects the status of the resources or the health of the ecosystem due to vulnerability and poverty, population pressure, urbanization, development activities and multi-stakeholder issues. The status of lagoon resources shows that the resources in the majority of Sri Lankan lagoons still remain satisfactory, somewhat good or very good. Nevertheless, concerns for management of lagoons in Sri Lanka exist only where “use values” (extractive values, such as fish and shrimp) exist. There is no evidence of resources management in lagoons for inspirational, scholarly values or tacit knowledge of the same. Management for use values exhibits several stages from zero management to comanagement via community management and state intervention. Most of Sri Lanka’s lagoons have the potential for generating high extractive and nonextractive use values which could improve the human well-being, while maintaining resources sustainability. Unfortunately, these potentials have not been understood or “seen” yet by the relevant authorities, although a few instances of exploring this potential were noticed.
Download or read book Monthly Bulletin written by and published by . This book was released on 2010 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Price, Wage and Employment Response to Shocks by :
Download or read book Price, Wage and Employment Response to Shocks written by and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Negotiating Our Way Up Collective Bargaining in a Changing World of Work by : OECD
Download or read book Negotiating Our Way Up Collective Bargaining in a Changing World of Work written by OECD and published by OECD Publishing. This book was released on 2019-11-18 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collective bargaining and workers’ voice are often discussed in the past rather than in the future tense, but can they play a role in the context of a rapidly changing world of work? This report provides a comprehensive assessment of the functioning of collective bargaining systems and workers’ voice arrangements across OECD countries, and new insights on their effect on labour market performance today.
Book Synopsis Monthly Report of the Deutsche Bundesbank by :
Download or read book Monthly Report of the Deutsche Bundesbank written by and published by . This book was released on 2010 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inflation and Activity – Two Explorations and their Monetary Policy Implications by : Mr.Olivier J. Blanchard
Download or read book Inflation and Activity – Two Explorations and their Monetary Policy Implications written by Mr.Olivier J. Blanchard and published by International Monetary Fund. This book was released on 2015-11-06 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.
Book Synopsis Tuttle Concise Japanese Dictionary by : Samuel E. Martin
Download or read book Tuttle Concise Japanese Dictionary written by Samuel E. Martin and published by Tuttle Publishing. This book was released on 2013-02-05 with total page 1080 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every serious student of Japanese needs a reliable and user-friendly dictionary in their collection. Tuttle Concise Japanese Dictionary, now with 30% more content, is a completely updated dictionary designed for students and business people who are living in Japan and using the Japanese language on a daily basis. Its greatest advantage is that it contains recent idiomatic expressions which have become popular in the past several years and which are not found in other competing dictionaries. The dictionary has been fully updated with the addition of recent vocabulary relating to computers, mobile phones, social media and the Internet. Other special features that set this dictionary apart include: Over 25,000 words and expressions including idioms and slang. User-friendly layout with main entries in color. Complete Japanese-English and English-Japanese sections. Romanized forms and the Japanese script are given for all Japanese words. A guide to pronunciation helps the user to pronounce Japanese words correctly. Different senses of each word are distinguished by multiple definitions.
Book Synopsis The Tribes and Castes of the North-Western Provinces and Oudh by : William Crooke
Download or read book The Tribes and Castes of the North-Western Provinces and Oudh written by William Crooke and published by Asian Educational Services. This book was released on 1999 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Tribes and Castes of the North-Western Provinces and Oudh, Vol. 4 of 4 Mughul, Mughul. - One of the four great Muhammadan sub divisions known in Europe under the form Mongol. Mr. Ibbetson, ' writing of the panjab, does not attempt to touch upon the much debated question of the distinction between the Turks and Mughuls. In the Delhi territory, indeed, the villagers accustomed to describe the Mughuls of the Empire as Turks, used the word as synonymous with official, and I have heard my Hindu clerks of Kayasth class described as Turks, merely because they were in Government employ. On the Biloch frontier the word Turk is commonly used as synonym ous with Mughul. The Mughuls preper probably either entered the Paujfib with Babar, or were attracted thither under the dynasty of his successors; and I believe that the great majority of those who have returned themselves as Mughuls in the Eastern Panjab really belong to that race. In these Provinces they say that they take their name from their ancestor Mughul Khan. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Book Synopsis Wage Growth and Inflation in Europe: A Puzzle? by : Vizhdan Boranova
Download or read book Wage Growth and Inflation in Europe: A Puzzle? written by Vizhdan Boranova and published by International Monetary Fund. This book was released on 2019-12-20 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wages have been rising faster than productivity in many European countries for the past few years, yet signs of underlying consumer price pressures remain limited. To shed light on this puzzle, this paper examines the historical link between wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the passthrough from wage growth to inflation is significantly lower in periods of subdued inflation and inflation expectations, greater competitive pressures, and robust corporate profitability. Thus the recent pickup in wage growth is likely to have a more muted impact on inflation than in the past.