The paper explains how a country can fall into a “low-skill, bad-job trap,” in which workers
acquire insufficient training and firms provide insufficient skilled vacancies. In particular, the …

Estimates of the current and future structure of employment in sub-Saharan Africa (2005–20)
are obtained based on household survey estimates for 28 countries and an elasticity-type …

This paper documents stylized facts on the process of structural transformation around the
world and empirically analyzes its determinants using data on real value added by sector of …

High natural resource prices in recent years have resulted in sizeable increases in fiscal
revenue for many resource-exporting countries in sub-Saharan Africa. However, this revenue …

In 2001-02, Argentina experienced one of the worst economic crises in its history. A default
on government debt, which occurred against the backdrop of a prolonged recession, sent the …

This paper uses a modified version of the methodology used by the IMF's Consultative
Group on Exchange Rate Issues (CGER) to calculate equilibrium current account balances (or? …

… The paper was prepared by Louise Fox, currently at Berkeley University, and Alun
Thomas and Cleary Haines from the IMF. The authors would like to thank conference …

This paper uses a structural vector autoregression representation of the Mundell-Flemming
model to analyze the determinants of movements in Sweden’s real exchange rate. It finds that…

As labor market data is scarce in Sub-Saharan Africa (SSA), this paper uses household
survey data to analyze the determinants of the gender gap in the labor market and its welfare …

Although capital inflows are generally beneficial to recipient countries, they also pose a
challenge for the conduct of economic policy. This paper proposes a conceptual taxonomy to …