Rigidite des salaires : donnees microeconomiques et macroeconomiques sur l'ajustement du marche du travail dans le secteur moderne
Levy, Victor | Newman, John L.
Global data on income and employment may be poor indicators of labor market conditions. As a result, inappropriate income policies may have been adopted in view of higher unemployment levels in developing countries during the 1980s. The rise in unemployment levels is often ascribed to income rigidity. A study of data in Cote d'Ivoire supports this view and shows that a fall in unemployment during the 1979-84 recession was a result of a rise in real income. The study, however, shows that, for some workers, income fell while the level of education and training rose during the same time period. These workers earned higher real incomes before the recession than after the recession.
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