Efficiency Wages and Labor Mobility in an Open Economy /

The paper analyzes the role of labor market segmentation and relative wage rigidity in the transmission process of macroeconomic shocks in a two-sector optimizing model of a small open economy. The analysis is first conducted in the context of perfect intersectoral labor mobility. The discussion is...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Santaella, Julio
Awduron Eraill: Agenor, Pierre-Richard
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1993.
Cyfres:IMF Working Papers; Working Paper ; No. 1993/079
Mynediad Ar-lein:Full text available on IMF