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Mauritius
			: Unemployment and the Role of Institutions

Mauritius : Unemployment and the Role of Institutions »

Volume/Issue: 2003/211

Series: IMF Working Papers

Author(s): James Yao , and Calvin McDonald

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

DOI: http://dx.doi.org/10.5089/9781451874860.001

ISBN: 9781451874860

Keywords: institutions, wage, skilled labor, employment, labor demand, labor market, Demand and Supply of Labor: General, Unemployment: Models, Duration, Incidence

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this tr...

Activation of a Modern Industry

Activation of a Modern Industry »

Volume/Issue: 2002/15

Series: IMF Working Papers

Author(s): Danyang Xie , and Ping Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2002

DOI: http://dx.doi.org/10.5089/9781451843279.001

ISBN: 9781451843279

Keywords: industrial transformation, subsistence, skilled labor, unemployment, skilled workers, employment, unemployment rate

This paper constructs an integrated framework to disentangle the underlying economic mechanism of industrial transformation. We consider three essential elements for the analysis: skill requirements, industry-wide...

The Impact of Intersectoral Labor Reallocationon Economic Growth

The Impact of Intersectoral Labor Reallocationon Economic Growth »

Volume/Issue: 2000/104

Series: IMF Working Papers

Author(s): Helene Poirson Ward

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2000

DOI: http://dx.doi.org/10.5089/9781451852752.001

ISBN: 9781451852752

Keywords: Growth, labor reallocation, labor efficiency, labor productivity, labor force, labor share

This study seeks to explain economic growth differences in an aggregate production function framework, where labor reallocation from agriculture to modern sectors influences labor efficiency growth. The econometric...

A Simple Monetary Model of a Shortage Economy

A Simple Monetary Model of a Shortage Economy »

Volume/Issue: 1992/69

Series: IMF Working Papers

Author(s): Shoukang Lin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1992

DOI: http://dx.doi.org/10.5089/9781451960662.001

ISBN: 9781451960662

Keywords: wage, black market, wages, inflation, money supply

During the transition from a centrally planned economy to a market economy, many countries seem to have experienced some degree of macroeconomic instability. This paper attempts to provide a theoretical explanation...

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy »

Volume/Issue: 1989/59

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 July 1989

DOI: http://dx.doi.org/10.5089/9781451965599.001

ISBN: 9781451965599

Keywords: inflation, wage, inflationary gap, wage rate, wages

This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy l...