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International Financial Integration and Real Exchange Rate Long-Run Dynamics in Emerging Countries: Some Panel Evidence

Caporale, Guglielmo Maria; Hadj Amor, Thouraya; Rault, … - Institute for the Study of Labor (IZA) - 2009

The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...

Persistent link: https://www.econbiz.de/10005762383

Does Human Capital Protect Workers against Exogenous Shocks? South Africa in the 2008-2009 Crisis

Leung, Ron; Stampini, Marco; Vencatachellum, Désiré - Institute for the Study of Labor (IZA) - 2009

The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...

Persistent link: https://www.econbiz.de/10008514864

Wage Rigidity and Disinflation in Emerging Countries

Messina, Julián; Sanz-de-Galdeano, Anna - Institute for the Study of Labor (IZA) - 2011

This paper examines the consequences of rapid disinflation for downward wage rigidities in two emerging countries, Brazil and Uruguay, relying on high quality matched employer-employee administrative data. Downward nominal wage rigidities are more important in Uruguay, while wage indexation is...

Persistent link: https://www.econbiz.de/10009149154

How Did the Great Recession Affect Different Types of Workers? Evidence from 17 Middle-Income Countries

Cho, Yoonyoung; Newhouse, David - Institute for the Study of Labor (IZA) - 2011

This paper examines how different types of workers in 17 middle-income countries were affected by labor market retrenchment during the great recession. Impacts on different types of workers varied by country and were only weakly related to the severity of the shock. Among active workers, youth...

Persistent link: https://www.econbiz.de/10009003937

Wealth Shocks and Health Outcomes: Evidence from Stock Market Fluctuations

Schwandt, Hannes - Institute for the Study of Labor (IZA) - 2014

Do wealth shocks affect the health of the elderly in developed countries? The economic literature is skeptical about such effects which have so far only been found for poor retirees in poor countries. In this paper I show that wealth shocks also matter for the health of wealthy retirees in the...

Persistent link: https://www.econbiz.de/10010884277

Youth Employment in Africa: New Evidence and Policies from Swaziland

Brixiova, Zuzana; Kangoye, Thierry - Institute for the Study of Labor (IZA) - 2013

unemployment rates in Africa. The paper first documents the various labor market disadvantages faced by the Swazi youth, such as …

Persistent link: https://www.econbiz.de/10011163465

Entrepreneurship and the Business Environment in Africa: An Application to Ethiopia

Brixiova, Zuzana; Ncube, Mthuli - Institute for the Study of Labor (IZA) - 2013

Since mid-2000s, Ethiopia has been one of the fastest growing countries in the world. However, productive entrepreneurship in high-value added activities has made limited contributions to this growth, in part because of a weak business environment. Moreover, the low-productive firms in the...

Persistent link: https://www.econbiz.de/10011123401

Can Dreams Come True? Eliminating Extreme Poverty in Africa by 2030

Ncube, Mthuli; Brixiova, Zuzana; Bicaba, Zorobabel - Institute for the Study of Labor (IZA) - 2014

With the year 2015 – the MDG finishing line – approaching, post-2015 goals as they impact Africa need to be firmed. The … promote shared prosperity in every society. We examine feasibility of these objectives for Sub-Saharan Africa, the world … rate, especially if in part achieved by lowering inequality, the Africa region would meaningfully contribute to the global …

Persistent link: https://www.econbiz.de/10010764597

Heterogeneity in Subjective Wellbeing: An Application to Occupational Allocation in Africa

Falco, Paolo; Maloney, William F.; Rijkers, Bob; … - Institute for the Study of Labor (IZA) - 2012

By exploiting recent advances in mixed (stochastic parameter) ordered probit estimators and a unique longitudinal dataset from Ghana, this paper examines the distribution of subjective wellbeing across sectors of employment and offers insights into the functioning of developing country labor...

Persistent link: https://www.econbiz.de/10010788945

Non-Farm Enterprise Productivity and Spatial Autocorrelation in Rural Africa: Evidence from Ethiopia and Nigeria

Owoo, Nkechi S.; Naudé, Wim - Institute for the Study of Labor (IZA) - 2014

The productivity of non-farm enterprises in rural Africa may be associated with the productivity of other spatially … the best of our knowledge, that the productivity of rural non-farm enterprises in Africa has been studied in this way. …

Persistent link: https://www.econbiz.de/10010791524