Exchange Rate Appreciations, Labor Market Rigidities, and Informality

Exchange Rate Appreciations, Labor Market Rigidities, and Informality

This paper works at the interface of the literature exploring the raison d'etre of the informal labor market and that explaining the real exchange rate appreciations occurring in many Latin American countries during periods of reform. The auth...

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Bibliographic Details
Main Authors: Fiess, Norbert M., Fugazza, Marco, Maloney, William
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
BARRIERS TO ENTRY
BUDGET CONSTRAINT
CAPITAL INTENSIVE
CAPITAL MARKETS
CONCEPTUAL FRAMEWORK
CONSUMERS
CONSUMPTION GROWTH
CONSUMPTION LEVELS
DOWNWARD PRESSURES
ELASTICITIES
ELASTICITY
ELASTICITY OF SUBSTITUTION
EMPIRICAL ANALYSIS
EMPIRICAL EVIDENCE
EMPLOYMENT
EQUILIBRIUM
EXCHANGE RATE
EXCHANGE RATE DEPRECIATION
FOREIGN ASSETS
FORMAL SECTOR
GOVERNMENT REGULATION
GROWTH RATE
INDEXATION
INFLATION
INFORMAL SECTOR
INTEREST RATE
LABOR FORCE
LABOR MARKET
LABOR MARKETS
MARGINAL COSTS
MARGINAL PRODUCT
MARGINAL PRODUCTIVITY
MIGRATION
MINIMUM WAGES
NOMINAL EXCHANGE RATE
PRODUCTION
PRODUCTION FUNCTIONS
PRODUCTION INCREASES
PRODUCTIVITY
PRODUCTIVITY GROWTH
REAL EXCHANGE
REAL EXCHANGE RATE
REAL EXCHANGE RATES
REAL INTEREST
REAL INTEREST RATE
RELATIVE PRICE
STABILIZATION POLICIES
SUBSTITUTION EFFECT
TIME SERIES
TRADABLE GOODS
UTILITY FUNCTION
WAGE RIGIDITIES
WAGES
Online Access:http://documents.worldbank.org/curated/en/2002/02/2874378/exchange-rate-appreciations-labor-market-rigidities-informality
http://hdl.handle.net/10986/19335

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