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book (27)


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1994 (27)

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Book
Renewable energy technologies : a review of the status and costs of selected technologies
Authors: ---
ISBN: 128000729X 9786610007295 0585235902 Year: 1994 Publisher: Washington, D.C. : World Bank,

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Book
Competitiveness Indicators : A Theoretical and Empirical Assessment
Authors: ---
ISBN: 1462390420 1455227250 1281155632 9786613776990 1455244309 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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This paper discusses five indicators of competitiveness: real exchange rates based on consumer price indices, export unit values of manufacturing goods, the relative price of traded to nontraded goods, normalized unit labor costs in manufacturing, and the ratio of normalized unit labor costs to value-added deflators in manufacturing. It discusses how each of these measures is associated with changes in a country’s balance of trade in goods and nonfactor services and examines the relationship among these indicators. It then examines the empirical performance of three of the indicators in terms of their ability to explain trade flows.


Book
Aging Population and Canadian Public Pension Plans
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ISBN: 1462309607 145527271X 1281387282 1455220132 9786613779953 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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Canadian public pension plans are run on a "pay-as-you-go" basis. As the baby boom ages, contribution rates for the two main plans are projected to rise significantly, from their current level of around 5 percent of eligible earnings to over 13 percent by 2030. An alternative is to set contribution rates at their underlying long-term levels. Such a policy would imply a significant rise in current contribution rates, to 10-10½ percent of eligible earnings, but would allow the system to cope with the retirement of the baby boom generation without recourse to borrowing or significant increases in contribution rates.


Book
A Framework for the Analysis of Pension and Unemployment Benefit Reform in Poland
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ISBN: 1462323812 1455232319 1281430072 9786613780355 1455223123 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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This paper examines the impacts on welfare, savings, labor supply, and the government budget of several possible reforms of the Polish pension and unemployment benefit systems. The framework of analysis is a life cycle simulation model of household consumption, labor supply and retirement decisions. The paper builds on past work by Perraudin and Pujol (1992). The present study focusses on the length of averaging periods in pension benefit calculations, measures to offset incentives to early retirement, and interactions between pension and unemployment benefit systems.


Book
Measures of External Competitiveness for Germany
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ISBN: 1462367070 145528887X 1282056689 9786613798633 1455260517 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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This paper assesses Germany's external competitive position from several angles. It first examines movements in several real exchange rate indices. The analysis of competitiveness is then supplemented by using the so-called constant market share approach, and finally by examining briefly both pressures on profit margins in the tradable goods sector as well as export prospects. A key conclusion of the analysis is that the deterioration of Germany's external competitiveness suggested by some commonly used indicators of the real appreciation of the deutsche mark, such as those based on relative unit labor costs in manufacturing, is generally exaggerated.


Book
Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies : Illustrations From Belarus
Authors: --- --- ---
ISBN: 1462304621 1455266639 1281379255 9786613779687 1455290734 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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In many countries of the former Soviet Union, pensioners form a large and vulnerable group of the population, with pensions fixed in nominal terms. Attempts to “protect” this group have included a revaluation of benefits for retirees and the introduction of indexation arrangements based on recent wage and price growth. In this paper, lagged indexation arrangements are shown to have large destabilizing effects that can potentially jeopardize the macroeconomic adjustment effort, particularly as inflation begins to decelerate. Some long-term problems relating to the aging of the population and associated policies are also discussed. Illustrative examples from Belarus are presented.


Book
Croatia : Background Notes and Statistical Appendix.
Authors: ---
ISBN: 1455220825 1452771820 1280975229 1463905580 9786613746832 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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This Background Notes paper and Statistical Appendix presents a summary of the Croatian Tax System as of August 1994. The paper discusses the experience with incomes policies in Croatia. It highlights that incomes policy has played an important role in the Croatian stabilization program as the government has pursued the twofold objective of limiting costs in the public sector and of curbing the wage-price spiral. The paper briefly reviews developments in incomes policy and recent developments in real wages. It also describes the social safety net in Croatia.


Book
Comparative Advantage, Exchange Rates, and G-7 Sectoral Trade Balances
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ISBN: 1462395511 1455220175 1281089966 1455277576 9786613775320 Year: 1994 Publisher: Washington, D.C. : International Monetary Fund,

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This paper uses a Ricardian framework to clarify the role of microeconomic and macroeconomic factors governing the time series and cross-section behavior of sectoral trade balances. Unit labor costs and trade balances are calculated for several sectors for the seven major industrial countries. The time series and cross-section variation in sectoral unit labor costs is decomposed into relative productivity, wage differentials, and exchange rate variations. The main findings are that changes over time in sectoral trade balances, especially for the United States and Japan, are quite well explained by the evolution of unit labor cost, suggesting that trade patterns conform to comparative advantage. The cross-section results are, however, less conclusive.

Cost-benefit analysis
Authors: ---
ISBN: 0521466741 0521461286 0511521944 9780521466745 9780521461283 Year: 1994 Publisher: Cambridge : Cambridge University Press,

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Should India build a new steel mill, or London an urban motorway? Should higher education expand, or water supplies be improved? These are typical questions about which cost-benefit analysis has something to say. It is the main tool that economics provides for analysing problems of social choice. It also provides a useful vehicle for understanding the practical value of welfare economics. This new book of readings covers all the main problems that arise in a typical cost-benefit exercise. It is entirely up-to-date, reflecting the most recent research in the area. Part I covers the main theoretical issues affecting cost-benefit analysis. Part II considers the problem of ascribing a monetary value to things. The third part covers six separate case studies drawn from real-life examples. The book begins with an extended elementary introduction written by the editors.

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