largest for lower-skilled individuals. We show that domestic manufacturing employment declined much more in countries that saw … emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower …-income countries could raise income inequality in Europe and the US, empirical estimates indicated only a modest contribution of trade …

In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … investment and technological change and hence on economic growth and on employment. There is very little research about the … direct links between monetary policy and employment. The impact of growth on employment depends on what are the main drivers …

this positive trend slowed down recently. We investigate the dynamics of overall, moderate, and extreme poverty in Ghana …Ghana has managed to consistently keep its poverty rate lower than the regional average over the past 25 years, but …

economic turmoil in 1992-1995. Despite the catastrophic fall in GDP employment contracted only marginally. This flexibility has … been achieved mainly through the informalization of employment, and through the reallocation of labor towards small … of the Georgian labor force relies on self-employment as the primary means to earn an income. For some, this is an avenue …

This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …