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Growth and Jobs in Developing Economies: Trends and Cycles

This paper investigates the relationship between economic growth and job creation in developing economies with a focus on low and lower middle-income countries along two dimensions: growth patterns and short-run correlations. Analysis on growth patterns shows that regime changes are quite common in...

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Bibliographic Details
Main Author: An, Zidong
Other Authors: Ghazi, Tayeb, Gonzalez Prieto, Nathalie, Ibourk, Aomar
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Working Papers
Subjects:
Labour; Income Economics
Employment; Economic Theory
Unemployment: Models, Duration, Incidence, And Job Search
Production
Job Creation
Labor Markets
Aggregate Labor Productivity
Unemployment
Demand And Supply Of Labor: General
Aggregate Human Capital
Production; Economic Theory
Labor
Labor Force And Employment, Size, And Structure
Macroeconomics: Production
Cycles
Labor Demand
Labor Market
Macroeconomics
Wages
Business Fluctuations
Unemployment Rate
Intergenerational Income Distribution
Employment
Production Growth
Morocco
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper investigates the relationship between economic growth and job creation in developing economies with a focus on low and lower middle-income countries along two dimensions: growth patterns and short-run correlations. Analysis on growth patterns shows that regime changes are quite common in both economic growth and employment growth, yet they are not synchronized with each other. Okun’s Law—the short-run relationship between output and labor market—holds in half of the countries in our sample and shows considerable cross-country heterogeneity
Physical Description:26 pages
ISBN:9781484329627

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