English, Article, Journal or magazine article edition: Labor Market Distortions and Structural Adjustments in Developing Countries Sebastian Edwards; Alejandra Cox Edwards

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Bookmark: http://trove.nla.gov.au/version/139951
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Labor Market Distortions and Structural Adjustments in Developing Countries
Author
  • Sebastian Edwards
  • Alejandra Cox Edwards
Physical Description
  • preprint
Notes
  • The purpose of this paper is to provide a typology of different labor market configurations and investigate how two major structural adjustment policies, namely a trade liberalization reform and the relaxation of capital controls, affect the level of aggregate employment and the rate of unemployment. We consider a number of models starting from the traditional Australian approach. We then analyze a multiple sectors intertemporal setting and a model with uncertainty and search. We identify situations under which structural adjustment results in unemployment.
  • RePEc:nbr:nberwo:3346
Language
  • English
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