The Labor Market and Economic Adjustment

The Labor Market and Economic Adjustment PDF

Author: Pierre-Richard Agénor

Publisher: International Monetary Fund

Published: 1995-11-01

Total Pages: 98

ISBN-13: 1451854781

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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 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.

An Open Economy Macroeconomics Reader

An Open Economy Macroeconomics Reader PDF

Author: Mehmet Ugur

Publisher: Psychology Press

Published: 2002

Total Pages: 572

ISBN-13: 9780415253321

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This book draws together the seminal contributions to the literature on the nature of macroeconomics in open economies and illuminates the material. This is an essential guide to the subject for students.

The Impact of Human Capital on Economic Growth

The Impact of Human Capital on Economic Growth PDF

Author: A. Osipian

Publisher: Springer

Published: 2009-08-31

Total Pages: 224

ISBN-13: 0230100074

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This book presents theoretical and empirical investigation of the impact of human capital on economic growth in Ukraine during the period of 1989-2009. It defines place and role of human capital in the process of transition from the exogenous to the endogenous forms of growth.

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