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Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India / / Rahul Anand, Purva Khera



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Autore: Anand Rahul Visualizza persona
Titolo: Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India / / Rahul Anand, Purva Khera Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2016
Descrizione fisica: 1 online resource (61 pages) : color illustrations, tables, graphs
Disciplina: 331.110954
Soggetto topico: Manpower policy - India
Informal sector (Economics) - India
Labor market - India
Macroeconomics
Economics: General
International Economics
Labor
Finance: General
Foreign Exchange
Informal Economy
Underground Econom
Trade and Labor Market Interactions
Open Economy Macroeconomics
Labor Economics Policies
Demand and Supply of Labor: General
Wages, Compensation, and Labor Costs: General
Unemployment: Models, Duration, Incidence, and Job Search
General Financial Markets: General (includes Measurement and Data)
Economic & financial crises & disasters
Economics of specific sectors
Labour
income economics
Finance
Financial crises
Economic sectors
Labor markets
Wages
Unemployment
Commodity markets
Financial markets
Labor costs
Currency crises
Informal sector
Economics
Labor market
Commodity exchanges
Income economics
Soggetto geografico: India
Altri autori: KheraPurva  
Nota di bibliografia: Includes bibliographical references.
Sommario/riassunto: 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.
Titolo autorizzato: Macroeconomic Impact of Product and Labor Market Reforms on Informality and Unemployment in India  Visualizza cluster
ISBN: 1-5135-4532-9
1-5135-5787-4
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910165037103321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2016/047