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Spillovers from Dollar Appreciation

Author/Editor: Julian T. S. Chow, Florence Jaumotte, Seok Gil Park, Yuanyan Sophia Zhang.

Release Date:July, 2015

The recent strong, sustained appreciation of the U.S. dollar raises questions about possible financial spillover effects for emerging markets and developing countries. This report finds that, unlike more...



Price: $18.00
Inequality and Labor Market Institutions

Author/Editor: Florence Jaumotte, Carolina Osorio.

Release Date:July, 2015

The SDN examines the role of labor market institutions in the rise of income inequality in advanced economies, alongside other determinants. The evidence strongly indicates that de-unionization is more...



Price: $10.00
Labor Market Policies and IMF Advice in Advanced Economies during the Great Recession

Author/Editor: Olivier J Blanchard, Florence Jaumotte, Prakash Loungani.

Release Date:March, 2013

This paper does two things. First, it articulates what are the main implications of theoretical and empirical research for design of labor market policies and labor market institutions. Second, in more...



Price: $10.00
Determinants of Inflation in the Euro Area: The Role of Labor and Product Market Institutions

Author/Editor: Florence Jaumotte, Hanan Morsy.

Release Date:January, 2012

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 more...



Price: $18.00
The Spanish Labor Market in a Cross-Country Perspective

Author/Editor: Florence Jaumotte.

Release Date:January, 2011

The Spanish labor market is not working: the unemployment rate is structurally very high; wages are not very responsive to labor market conditions, causing a high cyclicality of unemployment; and the more...



Price: $18.00
Current Account Imbalances in the Southern Euro Area

Author/Editor: Florence Jaumotte, Piyaporn Sodsriwiboon.

Release Date:June, 2010

The paper examines the causes, consequences, and potential cures of the large current account deficits in the Southern Euro Area (SEA). These were mostly driven by a decline in private saving rates. more...



Price: $18.00
Rising Income Inequality : Technology, or Trade and Financial Globalization?

Author/Editor: Chris Papageorgiou, Subir Lall, Florence Jaumotte.

Release Date:July, 2008

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 more...



Price: $18.00
How Has The Globalization of Labor Affected the Labor Income Share in Advanced Countries?

Author/Editor: Florence Jaumotte, Irina Tytell.

Release Date:December, 2007

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 more...



Price: $18.00
Foreign Direct Investment and Regional Trade Agreements : The Market Size Effect Revisited

Author/Editor: Florence Jaumotte.

Release Date:November, 2004

The paper investigates whether the market size of a regional trade agreement (RTA) is a determinant of foreign direct investment (FDI) received by countries participating in the RTA. This hypothesis more...



Price: $15.00
The Role of Inter- and Intraindustry Trade in Technology Diffusion

Author/Editor: Dalia Hakura, Florence Jaumotte.

Release Date:April, 1999

Research shows that international trade is an important channel for the transfer of technology. Building on this evidence, this paper examines the effects of inter- and intraindustry trade on more...



Price: $15.00
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