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The paper develops a simple three-sector model of a developing country with nominal wage rigidity, in which one sector is thought of as the primary sector and the other two are sectors in which the country can diversify. The paper then analyzes the relationship between the market structure of...
Persistent link: https://www.econbiz.de/10005825986
-related variables on wages of skilled and unskilled labor between 1982 and 1996 in the United States. The results indicate that trade … widening wage gap. Also, changes in total factor productivity had a small effect on relative wages. The major factor behind the … presents estimates of the effect of trade on wages by calculating what wage rates would be under autarky. The results show that …
Persistent link: https://www.econbiz.de/10005599575
of trade on relative wages. …
Persistent link: https://www.econbiz.de/10005263956
This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities and the distribution of wealth matter for the migration...
Persistent link: https://www.econbiz.de/10005826021
relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce unemployment because of … rapid population growth and increased labor force participation. This paper shows that Philippine employment growth and …
Persistent link: https://www.econbiz.de/10005826094
Work absence is an important part of the individual decision on actual working hours. This paper focuses on sickness absence in Europe and develops a stylized model where absence is part of the labor-leisure decision made by workers and the production decision made by profit-maximizing firms,...
Persistent link: https://www.econbiz.de/10005826222
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who move from … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …
Persistent link: https://www.econbiz.de/10005826626
institutional changes introduced by the 1988 Constitution lowered the sensitivity of real wages to changes in labor market slack and …
Persistent link: https://www.econbiz.de/10011242295
Labor productivity levels in Bulgaria lag well behind that in the EU, weighing on the convergence process. Stronger productivity growth would allow Bulgaria to close the income gap with the EU average more quickly and to alleviate the structural problems in its labor market, reflected in its...
Persistent link: https://www.econbiz.de/10011242306