Labor markets in an era of adjustment : an overview

Labor markets in an era of adjustment : an overview
Author: Susan Horton
Publisher: World Bank Publications
Total Pages: 86
Release: 1991
Genre: Developing countries
ISBN:

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This overview of a symposium on labor markets and adjustment concludes that: (1) real wages are more flexible than generally supposed, (2) labor reallocations across sectors have been more or less in the desired direction, and (3) the role of labor unions, generally supposed to be an impediment to adjustment, is more subtle than generally supposed.