IMF Staff papers : Volume 43 No. 2.

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 segmen...

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Συγγραφή απο Οργανισμό/Αρχή: International Monetary Fund. Research Dept
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 1996.
Σειρά:IMF Staff Papers; IMF Staff Papers ; No. 1996/002
Διαθέσιμο Online:Full text available on IMF
Περιγραφή
Περίληψη: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 the flexibility of the labor market and the evidence regarding the wage and employment effects of trade reform are discussed next. The last part of the paper identifies a variety of issues that may require further investigation.
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Φυσική περιγραφή:1 online resource (208 pages)
Μορφή:Mode of access: Internet
ISSN:1020-7635
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