Showing 1 - 10 of 325
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
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
The paper looks at the dynamics of employment in South Africa and examines the factors that contributed to the job … productivity growth in most sectors, played an important role in suppressing employment creation. The paper also finds that while …
Persistent link: https://www.econbiz.de/10011242317
Estimates of the current and future structure of employment in sub-Saharan Africa (2005–20) are obtained based on … household survey estimates for 28 countries and an elasticity-type model that relates employment to economic growth and … employment, means that even if sub-Saharan Africa realizes another decade of strong growth, the share of labor force employed in …
Persistent link: https://www.econbiz.de/10011242333
Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries … felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment … protection and benefits between regular and nonregular workers could help put Japan's wages on an upward trajectory in the medium …
Persistent link: https://www.econbiz.de/10004999951
Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment … large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that …
Persistent link: https://www.econbiz.de/10005768837
forces. The rigidity of relative wages, despite relative shifts in labor demand that favor skilled workers, has resulted in … sharp declines in employment rates for unskilled workers. The microeconomic evidence is shown to have important implications …
Persistent link: https://www.econbiz.de/10005599346
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus …
Persistent link: https://www.econbiz.de/10005604781
Using a search and matching labor market equilibrium model, this paper quantifies lost labor productivity and consumption per worker that emerges from the restrictions on dismissals. Dismissal restrictions hamper the efficient reallocation of workers, with workers remaining longer in jobs. But...
Persistent link: https://www.econbiz.de/10005604782