Download or read book Endogenous Distortions in Product and Labor Markets written by Martín Rama and published by World Bank Publications. This book was released on 1995 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Endogenous Distortions in Product and Labor Markets written by Martin Rama and published by . This book was released on 2016 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Product and labor market distortions move in the same direction in response to economic and social changes. Conditionality by foreign agencies should target product market distortions. Once they are removed or diminished, labor market distortions will adjust in the desired direction.Rama and Tabellini use the common agency approach to analyze the joint determination of product and labor market distortions in a small (developing) open economy.Capital owners and union members lobby the government on tariffs and minimum wages, while factors of production in agriculture (the informal sector) are not organized. The government cares about social welfare, but also values the contributions (monetary or else) made by organized groups.Rama and Tabellini show that product and labor market distortions move in the same direction in response to changes in the relevant economic and political parameters, and that the level of those distortions is not modified by social pacts between capital and labor. They also show that conditionality by foreign agencies should target product market distortions, not labor market distortions. Labor market distortions ought not to be targeted because they are second best: they are the optimal response to the product market distortions. Labor market distortions are likely to adjust in the desired direction once product market distortions are removed or diminished.This paper - a product of the Poverty and Human Resources Division, Policy Research Department - is part of a larger effort in the department to analyze the implications of labor market distortions. The study was funded by the Bank's Research Support Budget under the research project The Impact of Labor Market Policies and Institutions on Economic Performance (RPO 678-46). Martin Rama may be contacted at [email protected].
Download or read book Endogenous Distortions in Product and Labor Markets written by Martin Rama and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Labor Market Regulations written by Lyn Squire and published by World Bank Publications. This book was released on 1995 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Should Core Labor Standards Be Imposed Through International Trade Policy written by Keith Eugene Maskus and published by World Bank Publications. This book was released on 1997 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Endogenous Market Structures and the Macroeconomy written by Federico Etro and published by Springer Science & Business Media. This book was released on 2009-06-17 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a key year for the evolution of international markets. The global economy is experiencing the most severe downturn since the thirties, it is temporarily leaving a path of sustained growth that characterized the last decades, and is facing an impressive decline of trade between countries. Banks are going bankrupt, the stock market has crashed, rms are going out of bu- ness or drastically reducing their production and exports, workers are being red and investment in new business creation or innovation is shrinking. Meanwhile, consumers con dence has dropped at its minimum, aggregate demand has been declining for months and expansionary policies and int- national coordination have failed to counteract the crisis until now. It is quite likely that all this will change sooner or later, but at the end of this crisis our understanding of the macroeconomy may change as well. In front of these crucial events, this book is not an attempt at proposing a radically new way of interpreting macroeconomic phenomena, and, as a m- ter of fact, it is not even a book on macroeconomic theory. My more modest goal is to collect a number of insights derived from recent research on the role of competition and innovation in the analysis of three topics: business cycles, trade and growth through innovations.
Download or read book Global Inequalities at Work written by Jody Heymann and published by Oxford University Press. This book was released on 2003-07-10 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: A map of the relationship between work and health that is truly global--both geographically and in its coverage of the impact of work on the health of individuals, families, and societies, has not previously been drawn. Global Inequalities at Work is the first book to fill in the map. Drawing from studies done around the world, it critically examines the many ways in which work is affecting health around the world. The first section covers the wide range of risks--physical, chemical, and social--tot he health of employees in agricultural, industrial, and post-industrial workplaces. Part II provides a detailed analysis of how working conditions can dramatically influence the health and welfare of family members--including children, elderly parents, and the disabled--in both the developing and industrial world. Part III examines the relationships between work and health at the societal level by focusing on two examples: the ways in which working conditions affect income inequalities and health, and the ways in which working conditions influence gender inequalities and health. Part IV investigates the new challenges to and opportunities for improving the relationship between work and health that are presented by a rapidly globalizing economy. Global Inequalities at Work addresses these issues at a time when globalization is both markedly changing the impact of work on the health of individuals, families, and societies, and radically revising what can be done about it. Leaders from universities, international organizations, and nongovernmental organizations bring to this edited volume expertise from six continents.
Download or read book The Political Economy of Formal Sector Pay and Employment in Developing Countries written by Arup Banerji and published by World Bank Publications. This book was released on with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On the Inter sectoral Migration of Agricultural Labor written by Donald F. Larson and published by World Bank Publications. This book was released on 1995 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labor Market Distortions Rural Urban Inequality and the Opening of the People s Republic of China Economy written by Thomas Hertel and published by DIANE Publishing. This book was released on 2008-05 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.
Download or read book IPPS written by and published by World Bank Publications. This book was released on 1995 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Industry Structure and Regulation written by Martin C. Stewart-Smith and published by World Bank Publications. This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Legislative Frameworks Used to Foster Petroleum Development written by William Torrens Onorato and published by World Bank Publications. This book was released on 1995 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Uncertainty and Global Warming written by Andrea Baranzini and published by World Bank Publications. This book was released on 1995 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1996-01-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 the flexibility of the labor market and the evidence regarding the wage and employment effects of trade reform are discussed next. The last part of the paper identifies a variety of issues that may require further investigation.
Download or read book the world trade organization s agreement on government procurement written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1995 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
