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Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India

Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India »

Volume/Issue: 2016/47

Series: IMF Working Papers

Author(s): Rahul Anand , and Purva Khera

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 March 2016

DOI: http://dx.doi.org/10.5089/9781513545257.001

ISBN: 9781513545257

Keywords: Wage bargaining, India, Asia and Pacific, structural reforms, product market deregulation, labor market deregulation, unemployment, informality, DSGE, Indian economy

This paper investigates the implications of lowering formal regulations in labor and product markets on informality and macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidit...

Structural Reforms and Regional Convergence

Structural Reforms and Regional Convergence »

Volume/Issue: 2012/106

Series: IMF Working Papers

Author(s): Antonio Spilimbergo , and Natasha Che

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

DOI: http://dx.doi.org/10.5089/9781475503272.001

ISBN: 9781475503272

Keywords: Structural reforms, regional convergence, equation, wage, minimum wage, severance payment, statistics, Macroeconomic Analyses of Economic Development, Economic Development: Regional, Urban

Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial development, trade/current account openness, better institutional infrastructure, and selected l...

Trade Liberalization and Wage Inequality
			: Evidence From India

Trade Liberalization and Wage Inequality : Evidence From India »

Volume/Issue: 2005/20

Series: IMF Working Papers

Author(s): Prachi Mishra , and Utsav Kumar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2005

DOI: http://dx.doi.org/10.5089/9781451860399.001

ISBN: 9781451860399

Keywords: wage premium, wage, unskilled workers, wage differentials, Trade and Labor Market Interactions,

We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industri...

Economic Policy and Equity

Economic Policy and Equity »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 May 1999

DOI: http://dx.doi.org/10.5089/9781557757883.071

ISBN: 9781557757883

Keywords: income distribution, transition economies, income inequality, distribution of income, wage

This book brings together the views not only of policymakers and academics but also of religious leaders and labor leaders from around the world- including the 1998 Nobel Laureate in Economics, Amartya Sen - who pa...