The Labor Market and Economic Adjustment

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  • The Labor Market and Economic Adjustment Book Detail

  • Author : Pierre-Richard Agénor
  • Release Date : 1995-11-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 98
  • ISBN 13 : 1451854781
  • File Size : 10,10 MB

The Labor Market and Economic Adjustment by Pierre-Richard Agénor PDF Summary

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.

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The Labor Market and Economic Adjustment

The Labor Market and Economic Adjustment

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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 e

The Labor Market and Economic Adjustment

The Labor Market and Economic Adjustment

File Size : 58,58 MB
Total View : 6918 Views
DOWNLOAD

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 e