1.

Record Nr.

UNISALENTO991003245179707536

Autore

Pasero, Nicolò

Titolo

Laudes Creaturarum : il cantico di Francesco D'Assisi / Nicolò Pasero

Pubbl/distr/stampa

Parma : Pratiche, 1992

ISBN

8873801625

Descrizione fisica

108 p., [2] p. di pag. ; 18 cm.

Collana

Lezioni di poesia / a cura di Luciana Saetti ; 3

Soggetti

Francesco : d'Assisi <santo>

Lingua di pubblicazione

Italiano

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910788238803321

Autore

Dao Mai

Titolo

International Spillover of Labor Market Reforms / / Mai Dao

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

1-4623-4672-3

1-4527-5009-2

9786612840678

1-282-84067-3

1-4518-6973-8

Descrizione fisica

1 online resource (37 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/113

Disciplina

331.12

Soggetti

Labor market - Econometric models

Labor market - Germany - Econometric models

Labor unions - Econometric models

Labor unions - Germany - Econometric models

International trade - Econometric models

Exports and Imports

Labor

Macroeconomics

Demand and Supply of Labor: General

Wages, Compensation, and Labor Costs: General



Employment

Unemployment

Wages

Intergenerational Income Distribution

Aggregate Human Capital

Aggregate Labor Productivity

Macroeconomics: Consumption

Saving

Wealth

Empirical Studies of Trade

Labour

income economics

International economics

Labor markets

Consumption

Terms of trade

Labor market

Economic theory

Economics

Economic policy

nternational cooperation

Germany

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Model; A. Overview of Main Building Blocks; B. Final Goods Firms (F-firms); C. Intermediate Goods Firms (I-firms); D. Households; E. Government; F. Unions and Wage Bargaining; G. Definition of Equilibrium; III. Solution method and calibration; IV. Policy simulation; A. Lower average tax rate; Tables; 1. Calibration of the Benchmark Model; B. What is the Role of Labor Unions?; C. How Does Openness Affect Reform Outcome?; D. Other Labor Market Reforms; 2: Long Term Effects of Policy Reforms, Percentage Deviation from Pre-reform

E. Relaxing the Perfect Financial Market AssumptionV. Nominal rigidities and monetary policy; VI. Conclusion; Figures; 1. Dynamic Responses of Domestic and Foreign Variables Following a Cut in Average Tax by 3 %, time in quarters; 2a. Comparison of Response to 3 % Tax Cut Under Unionized and Competitive Labor Market - output and absorption; 2b. Comparison of Response to 3 % Tax Cut Under Unionized and Competitive Labor Market - employment, wages and international trade

3. Response of Domestic and Foreign Variables to an Average Tax Cut of 3% in Country 1, Under Benchmark and Completely Closed Economies4. Responses of Domestic and Foreign Variables to an Average Tax Cut of 3% in Country 1, Under Benchmark and Incomplete Financial Markets; 5. Responses of Domestic and Foreign Variables to



an Average Tax Cut of 3% in Country 1, Under Benchmark and Sticky Prices cum Monetary Union; References; Appendix

Sommario/riassunto

This paper uses a dynamic economy model, with unionized labor markets, to analyze the effects of labor market reforms, similar to those recently introduced in Germany, on the domestic and trading partner economies. The model is calibrated on Germany and the rest of the Euro area. The results indicate that German labor market reforms have positive spillover effects on the rest of the Euro area, which operate through the channel of trade, relative price adjustment, and financial market integration. Compared to a competitive labor market, setting, unionization dampens the positive response of the domestic economy and magnifies the spillover effects.