Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries: An Application to Cote D'Ivoire
This paper presents a quantitative macroeconomic model that accounts for key features of the labor market in developing countries. Primarily inspired by Côte d'Ivoire, the model contrasts a formal urban sector, where wages are rigidly fixed and employment is submitted to firms profit-seeking be...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1995
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Schriftenreihe: | IMF Working Papers
Working Paper No. 95/87 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper presents a quantitative macroeconomic model that accounts for key features of the labor market in developing countries. Primarily inspired by Côte d'Ivoire, the model contrasts a formal urban sector, where wages are rigidly fixed and employment is submitted to firms profit-seeking behavior, to urban and rural informal sectors, where wages are flexible and employment is affected by fluctuations in formal sector employment. Dynamic simulations assess the impact on key macroeconomic variables of a terms of trade improvement, a public wage decrease, and an exchange rate adjustment, highlighting the roles of rural-urban migrations and capital accumulation in the informal urban sector |
Beschreibung: | 1 Online-Ressource (43 p) |
ISBN: | 1451850964 9781451850963 |
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spelling | Bodart, Vincent Verfasser aut Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire Bodart, Vincent Washington, D.C International Monetary Fund 1995 1 Online-Ressource (43 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 95/87 This paper presents a quantitative macroeconomic model that accounts for key features of the labor market in developing countries. Primarily inspired by Côte d'Ivoire, the model contrasts a formal urban sector, where wages are rigidly fixed and employment is submitted to firms profit-seeking behavior, to urban and rural informal sectors, where wages are flexible and employment is affected by fluctuations in formal sector employment. Dynamic simulations assess the impact on key macroeconomic variables of a terms of trade improvement, a public wage decrease, and an exchange rate adjustment, highlighting the roles of rural-urban migrations and capital accumulation in the informal urban sector Online-Ausg Le Dem, Jean Sonstige oth http://elibrary.imf.org/view/IMF001/04200-9781451850963/04200-9781451850963/04200-9781451850963.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Bodart, Vincent Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire |
title | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire |
title_auth | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire |
title_exact_search | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire |
title_exact_search_txtP | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire |
title_full | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire Bodart, Vincent |
title_fullStr | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire Bodart, Vincent |
title_full_unstemmed | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries An Application to Cote D'Ivoire Bodart, Vincent |
title_short | Labor Market Representation in Quantitative Macroeconomic Models for Developing Countries |
title_sort | labor market representation in quantitative macroeconomic models for developing countries an application to cote d ivoire |
title_sub | An Application to Cote D'Ivoire |
url | http://elibrary.imf.org/view/IMF001/04200-9781451850963/04200-9781451850963/04200-9781451850963.xml |
work_keys_str_mv | AT bodartvincent labormarketrepresentationinquantitativemacroeconomicmodelsfordevelopingcountriesanapplicationtocotedivoire AT ledemjean labormarketrepresentationinquantitativemacroeconomicmodelsfordevelopingcountriesanapplicationtocotedivoire |