 | Understanding U.S. Wage Dynamics Author/Editor: Yasser Abdih, Stephan Danninger. Release Date:June, 2018 In this paper, we undertake empirical analysis to understand U.S. wage behavior since the beginning of the new millennium. At the macroeconomic level, we find that a productivity-augmented Phillips more...
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| What Explains the Decline of the U.S. Labor Share of Income? An Analysis of State and Industry Level Data Author/Editor: Yasser Abdih, Stephan Danninger. Release Date:July, 2017 The U.S. labor share of income has been on a secular downward trajectory since the
beginning of the new millennium. Using data that are disaggregated across both state and
industry, we more...
| Price: $18.00
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| What's Up with U.S. Wage Growth and Job Mobility? Author/Editor: Stephan Danninger. Release Date:June, 2016 Since the global financial crisis, US wage growth has been sluggish. Drawing on individual earnings data from the 2000–15 Current Population Survey, I find that the drawn-out cyclical labor market more...
| Price: $18.00
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 | Can Abenomics Succeed? : Overcoming the Legacy of Japan's Lost Decades Author/Editor: Dennis P Botman, Stephan Danninger, Jerald A Schiff. Release Date:March, 2015 Japan’s revitalization plan, dubbed the “three arrows of Abenomics,” devises a three-pronged strategy—combining fiscal, monetary, and structural policies—to overcome that country’s more...
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| The Transmission of Financial Stress from Advanced to Emerging Economies Author/Editor: Stephan Danninger, Irina Tytell, Ravi Balakrishnan, Selim Elekdag. Release Date:June, 2009 This paper studies how financial stress is transmitted from advanced to emerging economies, using a new financial stress index for emerging economies. An episode of financial stress is defined as a more...
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| Inflation Smoothing and the Modest Effect of VAT in Germany Author/Editor: Stephan Danninger, Alina Carare. Release Date:July, 2008 Increases in German core inflation following the 2007 VAT hike were smaller than expected, leading to speculation about delayed inflationary effects. This paper argues to the contrary that price more...
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| What Explains Germany's Rebounding Export Market Share? Author/Editor: Frederick L Joutz, Stephan Danninger. Release Date:February, 2007 Germany's export market share increased since 2000, while most industrial countries experienced declines. This study explores four explanations and evaluates their empirical contributions: (i) more...
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| Tax Reform and Debt Sustainability in Germany : An Assessment Using the Global Fiscal Model Author/Editor: Dennis P J Botman, Stephan Danninger. Release Date:February, 2007 In 2005, the German government announced a far-reaching fiscal adjustment program. This paper uses the IMF’s Global Fiscal Model to study its impact and explores options for addressing more...
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| Labor and Product Market Deregulation : Partial, Sequential, or Simultaneous Reform? Author/Editor: Helge Berger, Stephan Danninger. Release Date:December, 2005 This study explores the effects of labor and product market deregulation on employment growth. Our empirical results, based on an OECD country panel from 1990-2004, suggest that lower levels of more...
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| How Do Canadian Budget Forecasts Compare with Those of Other Industrial Countries? Author/Editor: Martin Mühleisen, Kornelia Krajnyak, Stephan Danninger, David Hauner, Bennett Sutton. Release Date:March, 2005 This paper compares Canadian central government budget forecasting with forecasting by other industrial countries. While fiscal forecasting in Canada is governed by one of the strongest institutional more...
| Price: $15.00
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