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Structural transformation and labor market performance in Ghana
Mpumelelo Nxumalo; Raju, Dhushyanth - 2020
Structural transformation can spur economic growth and development if it increases overall productivity growth. A labor market environment that enables workers and enterprises to transition smoothly across sectors and into more productive economic pursuits can enhance the effect of structural...
Persistent link: https://www.econbiz.de/10012431806
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Money, Inflation, and Unemployment in the Presence of Informality
Ait Lahcen, Mohammed - 2018
This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the entry channel (size) and … entry and increasing unemployment. On the other hand, it shifts firms hiring decision from high separation informal jobs to …
Persistent link: https://www.econbiz.de/10011892083
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The $1 Trillion Wage Deficit
Baker, Dean; Schmitt, John - Center for Economic and Policy Research (CEPR) - 2009
The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a consensus among economists that the Great Recession is very likely over. Unfortunately, the end of the official recession will have little visible...
Persistent link: https://www.econbiz.de/10008545825