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Wage Gaps and Development

Wage Gaps and Development »

Source: Wage Gaps and Development : Lessons from U.S. History

Volume/Issue: 2007/105

Series: IMF Working Papers

Author(s): Alex Mourmouras , and Peter Rangazas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

ISBN: 9781451866698

Keywords: economic development, schooling, fertility, rural-urban wage gaps, structural transformation, calibrated dynamic general equilibrium models, farm, wage, farming, worker

During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of wage and productiv...

Wage Gaps and Development
			: Lessons from U.S. History

Wage Gaps and Development : Lessons from U.S. History »

Volume/Issue: 2007/105

Series: IMF Working Papers

Author(s): Alex Mourmouras , and Peter Rangazas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2007

DOI: http://dx.doi.org/10.5089/9781451866698.001

ISBN: 9781451866698

Keywords: economic development, schooling, fertility, rural-urban wage gaps, structural transformation, calibrated dynamic general equilibrium models, farm, wage, farming, worker

During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of wage and productiv...