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In most developing nations, formal workers tend to be more experienced and educated than informal workers, a fact often interpreted as evidence that low-skill workers face barriers to entry into the formal sector. Yet, there exists little direct evidence that labor markets are segmented in those...
Persistent link: https://www.econbiz.de/10005126470
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005062522
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005407867
Luego de examinar el marco teórico y conceptual de la teoría del crecimiento y del comercio internacional, se mide la eficacia de la apertura comercial impulsada por el TLCAN para fomentar el intercambio comercial. Asimismo, se evalúan los efectos de éste en el crecimiento económico de los...
Persistent link: https://www.econbiz.de/10005413001
Luego de examinar el marco teórico y conceptual de la teoría del crecimiento y del comercio internacional, se mide la eficacia de la apertura comercial impulsada por el TLCAN para fomentar el intercambio comercial. Asimismo, se evalúan los efectos de éste en el crecimiento económico de los...
Persistent link: https://www.econbiz.de/10005119236
affecting UK labour market conditions. When the real exchange rate is undervalued, short-run unemployment falls as firms respond … to an improvement in domestic competitiveness by increasing their demand for labour. The unemployment response to the … reflects monetary policy considerations, our results imply that unemployment can be targeted by economic policy. Our results …
Persistent link: https://www.econbiz.de/10005556606
unemployment vary both with large versus small real exchange rate disequilibria and rising versus falling unemployment regimes. The … adjustment in periods of falling unemployment. This implies that prices and wages are more flexible when real output is high … demanding and getting higher wages. Unemployment is reduced following gains in competitiveness when the real exchange rate is …
Persistent link: https://www.econbiz.de/10005561246