Wage Compression, Employment Restrictions and Unemployment : The Case of Mauritius
Governments often intervene in labor markets with the aim of reducing inequality and promoting employment. Such intervention often results in wage compression and restrictions on how firms use their workers. This paper investigates the impact of such interventions on the labor market conditions faced by low-skill workers in Mauritius. It finds that even relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the extent of unemployment and labor market churning. With institutions of the type studied here common across many different types of countries, these results have relatively general implications
Year of publication: |
2004
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Institutions: | International Monetary Fund ; International Monetary Fund (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Mauritius | Arbeitslosigkeit | Unemployment | Beschäftigungseffekt | Employment effect | Arbeitsmarkt | Labour market | Lohnstruktur | Wage structure |
Saved in:
freely available
Extent: | Online-Ressource (21 p) |
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Series: | IMF working papers. - Washington, DC : IMF, ZDB-ID 2108494-4. - Vol. Working Paper No. 04/205 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Arbeitspapier ; Working Paper |
Language: | English |
ISBN: | 1-4518-7458-8 ; 978-1-4518-7458-7 |
Other identifiers: | 10.5089/9781451874587.001 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014404032
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