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150128 ||| eng |
| 020 |
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|a 9781451874860
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| 100 |
1 |
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|a Yao, James
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| 245 |
0 |
0 |
|a Mauritius
|b Unemployment and the Role of Institutions
|c James Yao, Calvin McDonald
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2003
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| 300 |
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|a 18 pages
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| 651 |
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4 |
|a Mauritius
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| 653 |
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|a Technological Change: Choices and Consequences
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| 653 |
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|a Labor market institutions
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| 653 |
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|a Labour; income economics
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| 653 |
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|a Occupational Licensing
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| 653 |
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|a Wages, Compensation, and Labor Costs: General
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| 653 |
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|a Unemployment: Models, Duration, Incidence, and Job Search
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| 653 |
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|a Unemployment
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| 653 |
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|a Diffusion Processes
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| 653 |
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|a Demand and Supply of Labor: General
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| 653 |
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|a Particular Labor Markets: General
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| 653 |
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|a Labor
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| 653 |
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|a Labor Force and Employment, Size, and Structure
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| 653 |
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|a Macroeconomics: Production
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| 653 |
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|a Labor force
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| 653 |
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|a Labor market
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| 653 |
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|a Wages
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| 653 |
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|a Skilled labor
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| 653 |
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|a Professional Labor Markets
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| 700 |
1 |
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|a McDonald, Calvin
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
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|a 10.5089/9781451874860.001
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2003/211/001.2003.issue-211-en.xml?cid=16926-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged from 21 percent to less than 4 percent between the early 1980s and the early 1990s, but this trend was reversed and the rate increased to 10 percent by end-2002. This paper provides an analytical framework to explain this development. The growth of higher-skilled sectors coupled with rigidities in the labor market seem to account for the observed unemployment behavior. Policy makers can improve employment prospects by not only investing in education to reduce skills mismatch but also by reforming the pay-setting institutions
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