[PDF] Inflation And Wages In Underdeveloped Countries eBook

Author : Bill Warren
Publisher : Routledge
Page : 273 pages
File Size : 50,21 MB
Release : 2005-06-28
Category : Business & Economics
ISBN : 1135781915

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Published in the year 1977, Inflation and Wages in Underdeveloped Countries is a valuable contribution to the field of Economics.

Author : Pierre-Richard Agénor
Publisher : International Monetary Fund
Page : 40 pages
File Size : 32,47 MB
Release : 1997-12-01
Category : Business & Economics
ISBN : 1451903952

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This paper examines the short-run links between money growth, exchange rate depreciation, nominal wage growth, the output gap, and inflation in Chile, Korea, Mexico, and Turkey, using a generalized vector autoregression analysis. Nominal historical wage shocks are shown to have an important effect on movements in inflation only in Mexico. Generalized impulse response functions show that a positive historical shock to nominal wage growth generates a transitory but significant reduction in output. Inflation increases in all countries, particularly Mexico. A positive shock to nominal money growth raises real cash balances on impact and exerts an expansionary effect on output, despite an increase in real wages.

Author : Pierre-Richard Agenor
Publisher :
Page : 38 pages
File Size : 27,49 MB
Release : 2006
Category :
ISBN :

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This paper examines the short-run links between money growth, exchange rate depreciation, nominal wage growth, the output gap, and inflation in Chile, Korea, Mexico, and Turkey, using a generalized vector autoregression analysis. Nominal historical wage shocks are shown to have an important effect on movements in inflation only in Mexico. Generalized impulse response functions show that a positive historical shock to nominal wage growth generates a transitory but significant reduction in output. Inflation increases in all countries, particularly Mexico. A positive shock to nominal money growth raises real cash balances on impact and exerts an expansionary effect on output, despite an increase in real wages.

Author : Harvey Leibenstein
Publisher : Taylor & Francis
Page : 60 pages
File Size : 24,24 MB
Release : 2022-08-30
Category : Business & Economics
ISBN : 1000648745

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First published in 1980, Inflation, Income Distribution and X-Efficiency Theory presents an exploratory theoretical study of the linkages between income distribution, the degree of X-efficiency, and inflation and the level of employment in the context of developing society. It discusses themes like concept of income distribution; maximization versus non-maximization models; theory of inert areas; microtheory and inflation; monopoly and X-Efficiency theory; contracts, bargaining and inflation; theory of bargaining; survival strategies in the face of inflation; and policy implications of inflation. This book is a must read for students and scholars of macroeconomics and economics in general.

Author : Herbert Arthur Turner
Publisher :
Page : 36 pages
File Size : 40,56 MB
Release : 1963
Category : Developing countries
ISBN :

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Text of lecture (12.12.62) on wage policy issues, with particular reference to developing countries - briefly covers questions of wage inflation, wage structure and the variability of wages. ILO mentioned and statistical tables.

Author : Felix Paukert
Publisher : International Labour Organization
Page : 276 pages
File Size : 14,80 MB
Release : 1992
Category : Fical policy
ISBN : 9789221077497

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This book looks at how developing countries have had increasing difficulties, especially since the 1970s, in coping with inflation, in balancing efficiency and equity in wage policies, and in achieving economic growth and income distribution through appropriate taxation and expenditure programmes.

Author : Pierre-Richard Agénor
Publisher : International Monetary Fund
Page : 98 pages
File Size : 22,66 MB
Release : 1995-11-01
Category : Business & Economics
ISBN : 1451854781

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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.

Author : Benedict Y. Imbun
Publisher :
Page : 174 pages
File Size : 40,11 MB
Release : 2008
Category : Business & Economics
ISBN :

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This book is a microcosm of issues of minimum wage determination in developing countries examined in the context of Papua New Guinea (PNG). With provision of parallels, it discusses the critical issues, process, and actors involved in determination of minimum wage. Like most governments in developing countries obsessed with economic development, the critical issue for the PNG government has been to ensure that wage levels and the wage structure harmonise as far as possible with the national development aspirations and on the other hand, social objectives are maintained through the prevention of exploitation of workers. Although, the twin issues of economic efficiency and social equity have not been easily compatible, this book's testimony of experiences in accommodating the issues has been the most challenging for PNG. The challenges faced and lessons learnt in determining and regulating minimum wage would reflect similar experiences for many developing countries.