developing countries been responsible for thelowered wages of the unskilled, increased unemployment, and widenedincome inequality …

moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates—a “wage curve⠅

the household and SMEs sectors could affect this process. The first section of the paper discusses implications of global … households and SMEs for the rebalancing process. The last section concludes with policy recommendations. …

Almost all formal small and medium enterprises (SMEs) in Jamaica have access to checking or saving accounts, but the … financial sector is scarcely used to finance their investments. The lack of funding for the SME sector, or its high cost, has a … particularly negative effect on employment. In addition, the supply of formal nonbank sources of finance is limited, especially for …

emerge: (i) the long-term unemployed do not exert a negative impact on wages; and (ii) there is some evidence that the … than those of the unemployed “outsiders.” In addition, it is argued that the automatic indexation of wages to prices in … Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent initiatives …