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180614 ||| eng |
| 020 |
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|a 9781513545257
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| 100 |
1 |
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|a Anand, Rahul
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| 245 |
0 |
0 |
|a Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India
|c Rahul Anand, Purva Khera
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2016
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| 300 |
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|a 59 pages
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| 651 |
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4 |
|a India
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Labor costs
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| 653 |
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|a Finance
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| 653 |
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|a Labor Economics Policies
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| 653 |
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|a Labour; income economics
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| 653 |
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|a Financial crises
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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 Economics: General
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| 653 |
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|a Commodity exchanges
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| 653 |
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|a Open Economy Macroeconomics
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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 Informal sector; Economics
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| 653 |
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|a General Financial Markets: General (includes Measurement and Data)
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| 653 |
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|a Economic sectors
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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 Labor
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Informal Economy
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| 653 |
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|a Foreign Exchange
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| 653 |
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|a Currency crises
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| 653 |
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|a Financial markets
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| 653 |
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|a International Economics
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| 653 |
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|a Labor market
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Wages
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| 653 |
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|a Underground Econom
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| 653 |
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|a Commodity markets
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| 653 |
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|a Trade and Labor Market Interactions
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| 653 |
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|a Finance: General
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| 700 |
1 |
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|a Khera, Purva
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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 |
0 |
|a 10.5089/9781513545257.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2016/047/001.2016.issue-047-en.xml?cid=43766-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 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 rigidities in the formal labor and product markets. Along with increasing GDP and employment, deregulation also leads to lower informality and greater product market competition. Slow reallocation of resources between the formal and informal sectors leads to some adverse impacts in the short run that can be minimized by implementing a combined package of reforms. These impacts are shown to be greater in an economy with a larger informal sector
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