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150128 ||| eng |
| 020 |
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|a 9781451874587
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| 245 |
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|a Wage Compression, Employment Restrictions and Unemployment
|b The Case of Mauritius
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2004
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| 300 |
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|a 21 pages
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| 651 |
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4 |
|a Mauritius
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| 653 |
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|a Wage compression
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| 653 |
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|a Labour
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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 Labor markets
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| 653 |
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|a Aggregate Labor Productivity
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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 Aggregate Human Capital
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| 653 |
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|a Labor
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| 653 |
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|a Wage Level and Structure
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| 653 |
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|a Labor Demand
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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 Wage Differentials
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| 653 |
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|a Job destruction
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| 653 |
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|a Intergenerational Income Distribution
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| 653 |
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|a Income economics
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| 653 |
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|a Employment
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| 710 |
2 |
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|a International Monetary Fund
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| 041 |
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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 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781451874587.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/2004/205/001.2004.issue-205-en.xml?cid=17784-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a 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
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