The Labor Market and Economic Adjustment:
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmen...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1995
|
| Series: | IMF Working Papers
Working Paper No. 95/125 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies |
| Physical Description: | 1 Online-Ressource (98 p) |
| ISBN: | 1451854781 9781451854787 |
Staff View
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| indexdate | 2024-07-10T09:35:27Z |
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| spelling | Agénor, Pierre-Richard Verfasser aut The Labor Market and Economic Adjustment Agénor, Pierre-Richard Washington, D.C International Monetary Fund 1995 1 Online-Ressource (98 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 95/125 This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies Online-Ausg http://elibrary.imf.org/view/IMF001/07125-9781451854787/07125-9781451854787/07125-9781451854787.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Agénor, Pierre-Richard The Labor Market and Economic Adjustment |
| title | The Labor Market and Economic Adjustment |
| title_auth | The Labor Market and Economic Adjustment |
| title_exact_search | The Labor Market and Economic Adjustment |
| title_exact_search_txtP | The Labor Market and Economic Adjustment |
| title_full | The Labor Market and Economic Adjustment Agénor, Pierre-Richard |
| title_fullStr | The Labor Market and Economic Adjustment Agénor, Pierre-Richard |
| title_full_unstemmed | The Labor Market and Economic Adjustment Agénor, Pierre-Richard |
| title_short | The Labor Market and Economic Adjustment |
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