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Fostering Growth in Europe Now

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  • Bergljot Barkbu
  • Jesmin Rahman
  • Rodrigo O. Valdés

Abstract

Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Staff Discussion Notes with number 12/07.

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Length: 42
Date of creation: 18 Jun 2012
Date of revision:
Handle: RePEc:imf:imfsdn:12/07

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Related research

Keywords: Banking sector; Europe; Euro Area; Economic growth; Fiscal consolidation; Fiscal reforms; Labor market reforms; Global competitiveness; Macroprudential Policy; Monetary policy; unemployment; macroeconomic policy; structural reform; fiscal policy; real effective exchange rates; unemployed; employment protection; collective bargaining; labor force participation; unemployment benefits; labor markets; labor participation; job search; labor market institutions; employment rate; labor market policies; jobs; active labor; active labor market policies; labor market flexibility; unemployment insurance; labor market work; labor supply; duration of unemployment; unemployment rates; skilled workers; labor costs; aggregate employment; labor utilization; labor market participation; labor market regulation; duration of unemployment benefits; labor market needs; bargaining systems; collective agreements; high unemployment; job creation; training programs; labour; high employment; labor demand; employment growth; labor productivity; labor force skills; temporary employment; labor market performance; employment effects; job training; job search assistance; labour market; bargaining agreements; job security; labor law; unemployment spells; labor market regulations; labor market conditions; employment experiences; flexible labor market; employment tax; beveridge curve; labor reallocation; unemployed workers; job-search; retraining; rigid labor market; job destruction; employment losses; employment protection legislation; flexibility of labor markets; cyclical employment; labor market demand; employment conditions; labor contracts; labor market issues; youth unemployment; temporary workers; structural unemployment; female labor market participation; labour market reforms; labour market policies; unemployment duration; employment outcomes; labor mobility; involuntary unemployment; unemployed youth; low employment; labor market policy; unemployment increases; labor productivity growth; employment legislation; job protection; job placement; employment agencies;

References

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  1. Douglas Sutherland & Peter Hoeller & Rossana Merola, 2012. "Fiscal Consolidation: How Much, How Fast and by What Means?," OECD Economic Policy Papers 1, OECD Publishing.
  2. Kamila Fialová & Ondřej Schneider, 2009. "Labor Market Institutions and Their Effect on Labor Market Performance in the New EU Member Countries," Eastern European Economics, M.E. Sharpe, Inc., M.E. Sharpe, Inc., vol. 47(3), pages 57-83, May.
  3. Davide Furceri & Lorenzo E. Bernal-Verdugo & Dominique M. Guillaume, 2012. "Crises, Labor Market Policy, and Unemployment," IMF Working Papers 12/65, International Monetary Fund.
  4. Mourre, Gilles, 2004. "Did the pattern of aggregate employment growth change in the euro area in the late 1990s?," Working Paper Series, European Central Bank 0358, European Central Bank.
  5. Giuseppe Fiori & Giuseppe Nicoletti & Stefano Scarpetta & Fabio Schiantarelli, 2012. "Employment Effects of Product and Labour Market Reforms: Are There Synergies?," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 122(558), pages F79-F104, 02.
  6. Olivier Blanchard & Justin Wolfers, 1999. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," NBER Working Papers 7282, National Bureau of Economic Research, Inc.
  7. Gilles Mourre, 2009. "What explains the differences in income and labour utilisation and drives labour and economic growth in Europe? A GDP accounting perspective," European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission 354, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
  8. Ruud de Mooij & Michael Keen, 2012. "'Fiscal Devaluation' and Fiscal Consolidation: The VAT in Troubled Times," NBER Working Papers 17913, National Bureau of Economic Research, Inc.
  9. Romain Bouis & Romain Duval, 2011. "Raising Potential Growth After the Crisis: A Quantitative Assessment of the Potential Gains from Various Structural Reforms in the OECD Area and Beyond," OECD Economics Department Working Papers 835, OECD Publishing.
  10. Gomes, Sandra & Jacquinot, Pascal & Mohr, Matthias & Pisani, Massimiliano, 2011. "Structural reforms and macroeconomic performance in the euro area countries: a model-based assessment," Working Paper Series, European Central Bank 1323, European Central Bank.
  11. Stephen Nickell & Luca Nunziata & Wolfgang Ochel, 2005. "Unemployment in the OECD Since the 1960s. What Do We Know?," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 115(500), pages 1-27, 01.
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Citations

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Cited by:
  1. Cacciatore, Matteo & Fiori, Giuseppe & Ghironi, Fabio, 2013. "Market Deregulation and Optimal Monetary Policy in a Monetary Union," CEPR Discussion Papers, C.E.P.R. Discussion Papers 9742, C.E.P.R. Discussion Papers.
  2. Zoltán Szalai, 2012. "A crisis of crisis management? Debates over fiscal adjustments in the European Monetary Union," MNB Bulletin, Magyar Nemzeti Bank (the central bank of Hungary), Magyar Nemzeti Bank (the central bank of Hungary), vol. 7(3), pages 57-66, October.
  3. Andrea F. Presbitero & Matteo G. Richiardi & Alessia Amighini, 2012. "Is labor flexibility a substitute to offshoring? Evidence from Italian manafacturing," LABORatorio R. Revelli Working Papers Series, LABORatorio R. Revelli, Centre for Employment Studies 122, LABORatorio R. Revelli, Centre for Employment Studies.
  4. Giuseppe Bertola, 2013. "Labor Market Policies and European Crises," CESifo Working Paper Series 4450, CESifo Group Munich.
  5. Olivier J. Blanchard & Florence Jaumotte & Prakash Loungani, 2013. "Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession," IMF Staff Discussion Notes 13/02, International Monetary Fund.
  6. Weisbrot, Mark & Jorgensen, Helene, 2013. "Macroeconomic policy advice and the article IV consultations comparative overview of European Union member states," ILO Working Papers, International Labour Organization 485513, International Labour Organization.
  7. Janos Varga & Werner Roeger & Jan in’t Veld, 2014. "Growth effects of structural reforms in Southern Europe: the case of Greece, Italy, Spain and Portugal," Empirica, Springer, Springer, vol. 41(2), pages 323-363, May.
  8. Stephanie Schmitt-Grohé & Martin Uribe, 2013. "Downward Nominal Wage Rigidity and the Case for Temporary Inflation in the Eurozone," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 27(3), pages 193-212, Summer.
  9. Schmid, Peter Alfons, 2012. "The crisis of the EMU," MPRA Paper 40390, University Library of Munich, Germany.
  10. Gary A. Dymski, 2013. "The Crisis of the Core Seen through the Eyes of the Periphery: A Schelling Model of the Global-South Megacity and the European Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(4), pages 433-455, June.

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