Labor markets in an era of adjustment : an overview
Author: Susan Horton
Publisher: World Bank Publications
Published: 1994
Total Pages: 584
ISBN-13: 9780821326817
DOWNLOAD EBOOK →Author: Susan Horton
Publisher: World Bank Publications
Published: 1994
Total Pages: 584
ISBN-13: 9780821326817
DOWNLOAD EBOOK →Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
Published: 1995-11-01
Total Pages: 98
ISBN-13: 1451854781
DOWNLOAD EBOOK →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: Mr.Romain A Duval
Publisher: International Monetary Fund
Published: 2019-05-21
Total Pages: 58
ISBN-13: 1498313264
DOWNLOAD EBOOK →This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note reviews the state of theory and evidence on the design of labor market institutions in a developing economy context and then reviews its consistency with actual labor market advice in a selected set of emerging and developing economies. The focus is mainly on three broad sets of institutions that matter for both workers’ protection and labor market efficiency: employment protection, unemployment insurance and social assistance, minimum wages and collective bargaining. Text mining techniques are used to identify IMF recommendations in these areas in Article IV Reports for 30 emerging and frontier economies over 2005–2016. This note has provided a critical review of the literature on the design of labor market institutions in emerging and developing market economies, and benchmarked the advice featured in IMF recommendations for 30 emerging market and frontier economies against the tentative conclusions from the literature.
Author: Randall E. Eberts
Publisher: Routledge
Published: 2019-07-26
Total Pages: 248
ISBN-13: 1315488566
DOWNLOAD EBOOK →During much of the 1980s, US wage growth has been unexpectedly slow in the face of relatively low unemployment rates and high capacity utilization rates. This collection of papers resulting from the Wage Structure Conference held by the Federal Research Bank of Cleveland, November 1989, helps explain labour market behaviour in that period. The contributors - academic and research economists in labour economics - provide a comprehensive assessment of the current state of the wage-setting process in the US labour market.
Author: Susan Horton
Publisher: World Bank Publications
Published: 1991
Total Pages: 86
ISBN-13:
DOWNLOAD EBOOK →This overview of a symposium on labor markets and adjustment concludes that: (1) real wages are more flexible than generally supposed, (2) labor reallocations across sectors have been more or less in the desired direction, and (3) the role of labor unions, generally supposed to be an impediment to adjustment, is more subtle than generally supposed.