In many countries, the focus of monetary policy is increasingly shifting to low and stable inflation as it provides many benefits to the economy. However, there is evidence that costs of inflation reduction are inequitably distributed by gender in developing countries. This paper addresses...

This paper documents and analyses the predominance of informal employment in Africa and shows that lack of demand for labour rather than worker characteristics is the main reason for pervasive underemployment. Integration into the global economy and exports of labour-intensive products are vital...

Dominance of theory-based education is not well connected by the current practices. So, the knowledge delivered within higher education institutions cannot create adequate value in the market and in turn which causes the youth unemployment to become a chronicle problem. Therefore, work placement...

Fundamental reform of traditional Japanese labour market practices is essential to cope with rapid population ageing and the era of 100-year lives. A shift to more flexible employment and wage systems based on performance rather than age would enable Japan to better utilise its human capital....

The unstoppable progress of the demographic transition is determining a progressive decline of the rates of growth of the total population and working age population of the planet, two phenomena that could have a very positive global socioeconomic and environmental impact. Unfortunately, it is...

A brief analysis of the different demographic tendencies that will affect the 65 countries of the Belt and Road Initiative allows to point out that they are largely spread along the path of the demographic transition so that in some working age population will dramatically decline, in others...

We use the Factor-Augmented Vector Autoregression (FAVAR) approach of Bernanke, Boivin and Eliasz (2005) to estimate the effects of monetary policy shocks on wages and employment in the euro area. The use of a large data set comprising country, sectoral and euro area-wide data allows us to...

This paper studies Tobin's proposition that inflation quot;greasesquot; the wheels of the labor market. The analysis is carried out using a simple dynamic stochastic general equilibrium model with asymmetric wage adjustment costs. Optimal inflation is determined by a benevolent government that...

We use the Factor-Augmented Vector Autoregression (FAVAR) approach of Bernanke, Boivin and Eliasz (2005) to estimate the effects of monetary policy shocks on wages and employment in the euro area. The use of a large data set comprising country, sectoral and euro area-wide data allows us to...