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Author: Pierre-Richard Agénor Publisher: International Monetary Fund ISBN: 1451968248 Category : Business & Economics Languages : en Pages : 50
Book Description
This paper analyzes the macroeconomic effects of fiscal and labor market policies in developing countries. The basic framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency considerations and minimum wage laws. The basic model is then extended to account for unemployment benefits, income taxation, and imperfect labor mobility across sectors. The analysis indicates, among other results, that a reduction in unemployement benefits has a positive effect on output of tradable goods by lowering both the level of efficiency wages and the relative rent captured by skilled workers.
Author: Pierre-Richard Agénor Publisher: International Monetary Fund ISBN: 1451968248 Category : Business & Economics Languages : en Pages : 50
Book Description
This paper analyzes the macroeconomic effects of fiscal and labor market policies in developing countries. The basic framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency considerations and minimum wage laws. The basic model is then extended to account for unemployment benefits, income taxation, and imperfect labor mobility across sectors. The analysis indicates, among other results, that a reduction in unemployement benefits has a positive effect on output of tradable goods by lowering both the level of efficiency wages and the relative rent captured by skilled workers.
Author: Pierre-Richard Agenor Publisher: ISBN: Category : Languages : en Pages : 50
Book Description
This paper analyzes the macroeconomic effects of fiscal and labor market policies in developing countries. The basic framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency considerations and minimum wage laws. The basic model is then extended to account for unemployment benefits, income taxation, and imperfect labor mobility across sectors. The analysis indicates, among other results, that a reduction in unemployement benefits has a positive effect on output of tradable goods by lowering both the level of efficiency wages and the relative rent captured by skilled workers.
Author: Frank Wilkinson Publisher: Elsevier ISBN: 0323155898 Category : Technology & Engineering Languages : en Pages : 325
Book Description
The Dynamics of Labour Market Segmentation is a collection of different papers about the importance of differentiation between groups of workers and the development of employer strategies for controlling the labor process in the market. The book is divided into five parts. Part I discusses the nature of segmentation, duality, the internal labor market, internationalization, and discrimination. Part II tackles the industrial transformation and the evolution of dual labor markets and the paternalism and labor market segmentation theory, and Part III deals with topics such as entrepreneurial strategies of adjustment and internal labor markets; artisan production and economic growth; and outwork and segmented labor markets. Part IV covers the construction of women as second-class workers and the social reproduction and the basic structure of the labor market; Part V explores the labor market segmentation and the business cycle and the relationship between employment and output. The text is recommended for entrepreneurs who wish to understand the labor market as well as social scientists who would like to know the implications of the labor market segmentation not only for the marketplace but also for society as a whole.
Author: Pierre-Richard Agénor Publisher: International Monetary Fund ISBN: 1451854781 Category : Business & Economics Languages : en Pages : 98
Book Description
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
Author: Antonella Picchio Publisher: Cambridge University Press ISBN: 9780521418720 Category : Business & Economics Languages : en Pages : 220
Book Description
This book focuses on the relationship between the process of producing commodities and the process of social reproduction of the labouring population, and seeks to restore that problematic relationship to the central place it had in the analysis of Smith, Ricardo, and Marx.
Author: Mr.Jean Le Dem Publisher: International Monetary Fund ISBN: 1451850964 Category : Business & Economics Languages : en Pages : 43
Book Description
This paper presents a quantitative macroeconomic model that accounts for key features of the labor market in developing countries. Primarily inspired by Côte d’Ivoire, the model contrasts a formal urban sector, where wages are rigidly fixed and employment is submitted to firms profit-seeking behavior, to urban and rural informal sectors, where wages are flexible and employment is affected by fluctuations in formal sector employment. Dynamic simulations assess the impact on key macroeconomic variables of a terms of trade improvement, a public wage decrease, and an exchange rate adjustment, highlighting the roles of rural-urban migrations and capital accumulation in the informal urban sector.
Author: Pierre-Richard Agénor
Author: Pierre-Richard Agénor
Author: Pierre-Richard Agenor
Author: 
Author: Frank Wilkinson
Author: Peter B. Doeringer
Author: Tony Avirgan
Author: Pierre-Richard Agénor
Author: Susan Horton
Author: Antonella Picchio
Author: Mr.Jean Le Dem