This research examines the important issue of labor market dynamics
of Bangladesh during 1987-2009. First, it investigates the
relevance of Phillips curve and analyzes the two important
extension of original Phillips Curve i.e. expectation augmented and
supply shock augmented Phillips curve.The analysis derives the
Non-Accelerating Inflation Rate of Unemployment (NAIRU) of
Bangladesh following the Ball-Mankiw approach. Second, it looks the
issue of wage inequality in manufacturing, construction and
agriculture sector of Bangladesh in various dimensions. Result
shows that the theme of Phillips curve is consistent in Bangladesh
economy. Unemployment rate, unemployment gap, change in exchange
rate are negatively related with inflation whereas lagged inflation
and change in international price of crude oil is positively
related. Inflation lag has a relatively higher impact on inflation
dynamics. With sectoral wage disparity there is large wage gap
between skilled and unskilled labor. The urban-rural wage
differential is severe in manufacturing sector as compared to
construction and agriculture sector.
General
Imprint: |
Lap Lambert Academic Publishing
|
Country of origin: |
Germany |
Release date: |
December 2010 |
First published: |
December 2010 |
Authors: |
Debasish K. Das
• Champa B. Dutta
|
Dimensions: |
229 x 152 x 5mm (L x W x T) |
Format: |
Paperback - Trade
|
Pages: |
76 |
ISBN-13: |
978-3-8433-8525-1 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
3-8433-8525-4 |
Barcode: |
9783843385251 |
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!