This paper examines the main determinants of compositional changes in private consumption, output and employment in the … ones. This, it is hoped, may shed some light on the likely behaviour of employment in a setting of revived economic growth … private services), sectoral employment, productivity and foreign trade shares. The second part shows empirical results from …

-economy business cycles tend to be shallower in advanced economies than in EMDEs. Informal employment in both advanced economies and …