Macro Policy and Employment Problems in Latin America

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Macro Policy and Employment Problems in Latin America

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dc.creator Lora, Eduardo
dc.creator Olivera, Mauricio 2011-02-04T21:19:41Z 2011-02-04T21:19:41Z 1998-03-01 1998-03-01 2014-09-08T22:49:23Z 2014-09-08T22:49:23Z 2014-09-08
dc.description This paper was prepared for the 1998 IDB/IIC Annual Meeting entitled: "The Employment in Latin America: What is the Problem and Should it be Addressed?" held in Cartagena, Colombia in March 1998. Despite macroeconomic stabilization and structural reforms, employment problems have persisted in Latin America. The 1990s have seen a slowdown in the rate of job creation, and unemployment rates have stagnated at about 10 percent. Informal sector employment has expanded, and increases in real wages have been particularly favorable to skilled workers. Economic cycles explain fluctuations in the employment and unemployment rates, while price stabilization and structural reforms have affected the composition of labor demand and relative wages.
dc.format 66
dc.format ACROBAT
dc.language en
dc.relation Working Paper Series; 372
dc.subject Financial Markets
dc.subject Mercados financieros
dc.subject Desenvolvimento e Crescimento Econômicos
dc.subject Economic Development & Growth
dc.subject Desarrollo y crecimiento económicos
dc.subject Workforce & Employment
dc.subject Población activa y empleo
dc.subject informal economy
dc.subject inflation rate
dc.subject unemployment
dc.subject WP-372
dc.title Macro Policy and Employment Problems in Latin America
dc.type Working Papers

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