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The Macro Wage Curve And Labor Market Flexibility In Zimbabwe
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Book Synopsis The Macro Wage Curve and Labor Market Flexibility in Zimbabwe by : Dorte Verner
Download or read book The Macro Wage Curve and Labor Market Flexibility in Zimbabwe written by Dorte Verner and published by . This book was released on 2016 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The existence of a macro wage curve shows that wages in Zimbabwe are flexible. So, the labor market adjusts to both negative and positive economic shocks. The main cause of falling real wages in Zimbabwe is reduced economic activity.There is little available information about what determines money wages in Sub-Saharan Africa - or indeed about whether there is a stable relationship between wages, productivity, GDP, inflation, activity in the informal sector, policy changes, and unemployment.In studying how wages in Zimbabwe are affected by short- and long-run changes in variables, Verner asks: Are wages affected by prices, unemployment, increased productivity, economic activity, or policy changes? Does a macro wage curve exist? Did structural adjustment cause a structural change in labor markets?She finds that a macro wage curve does exist, so wages are flexible both generally and in the manufacturing sector. So, the labor market is able to adjust to both positive and negative shocks.The main cause of falling real wages in Zimbabwe is reduced economic activity.In the short term, wages are affected by changes in the unemployment rate. They are also affected positively by increases in productivity, prices, and economic activity.The forecasting performance of the wage determination models shows that they are valid after the implementation of structural adjustment in 1991.This paper - a product of Human Development 3, Africa Technical Families - is part of a larger effort in the region to understand how labor markets work in Africa. The author may be contacted at [email protected].
Book Synopsis The Macro Wage Curve and Labor Market Flexibility in Zimbabwe by : Verner
Download or read book The Macro Wage Curve and Labor Market Flexibility in Zimbabwe written by Verner and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis “The” Macoa Wage Curve and Labor Market Flexibility in Zimbabwe by : Dorte Verner
Download or read book “The” Macoa Wage Curve and Labor Market Flexibility in Zimbabwe written by Dorte Verner and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The macro wage-curve and labor market flexibility in Zombabwe by : Dorte Verner
Download or read book The macro wage-curve and labor market flexibility in Zombabwe written by Dorte Verner and published by . This book was released on 1999 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Macro Wage-curve and Labor Market Flexibility in Zimbabwe by : Dorte Verner
Download or read book The Macro Wage-curve and Labor Market Flexibility in Zimbabwe written by Dorte Verner and published by . This book was released on 1999 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Wages Through Booms and Recession by : Mkhululi Ncube
Download or read book Wages Through Booms and Recession written by Mkhululi Ncube and published by . This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses developments in wages and wage determination from 1980 to 1998 and assesses the relationship between wages and some macroeconomic variables. Examines wage differentials in relation to formal, informal and rural labour markets, inter-industry differentials, occupational status, employment status, gender and race. Investigates wage flexibility.
Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor
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.
Book Synopsis The Search for the Key by : David Dollar
Download or read book The Search for the Key written by David Dollar and published by World Bank Publications. This book was released on 1999 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Macroeconimics of Delayed Exchange-Rate Unification Theory and Evidence from Tanzania by : Daniel Kaufmann
Download or read book The Macroeconimics of Delayed Exchange-Rate Unification Theory and Evidence from Tanzania written by Daniel Kaufmann and published by World Bank Publications. This book was released on 1999 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Labour Office. Central Library and Documentation Bureau Publisher : ISBN 13 : Total Pages :626 pages Book Rating :4.3/5 ( download)
Book Synopsis International Labour Documentation by : International Labour Office. Central Library and Documentation Bureau
Download or read book International Labour Documentation written by International Labour Office. Central Library and Documentation Bureau and published by . This book was released on 1999 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Finance and the Sources of Growth by : Thorsten Beck
Download or read book Finance and the Sources of Growth written by Thorsten Beck and published by World Bank Publications. This book was released on 1999 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Wage Curve by : David G. Blanchflower
Download or read book The Wage Curve written by David G. Blanchflower and published by MIT Press. This book was released on 1994 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.
Book Synopsis Exporting, Externalities, and Technology Transfer by : Howard Pack
Download or read book Exporting, Externalities, and Technology Transfer written by Howard Pack and published by World Bank Publications. This book was released on 1999 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The World Bank's Unified Survey Projections: How Accurate Are They? by : Jos Verbeek
Download or read book The World Bank's Unified Survey Projections: How Accurate Are They? written by Jos Verbeek and published by World Bank Publications. This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Growth, Poverty, and Inequality by : Quentin Wodon
Download or read book Growth, Poverty, and Inequality written by Quentin Wodon and published by World Bank Publications. This book was released on 1999 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Who Controls East Asian Corporations? by : Stijn Claessens
Download or read book Who Controls East Asian Corporations? written by Stijn Claessens and published by World Bank Publications. This book was released on 1999 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Financial Intermediation and Growth by : Ross Levine
Download or read book Financial Intermediation and Growth written by Ross Levine and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
