Debasish K. Das, Champa B. Dutta

Labor Market Dynamics in Bangladesh

Estimation of Phillips Curve and Analysis of Wage Inequality

• Broschiertes Buch

Produktbeschreibung

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.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 76
• Erscheinungstermin: 16. Dezember 2010
• Englisch
• Abmessung: 220mm x 150mm x 5mm
• Gewicht: 118g
• ISBN-13: 9783843385251
• ISBN-10: 3843385254
• Artikelnr.: 32682047

Autorenporträt

DEBASISH K. DAS:Studying MSc.in Economics University of Bonn, Germany & BSS in Economics from Khulna University, Bangladesh.He has interest on International Macroeconomics,Growth and Development.CHAMPA B. DUTTA:Studying MSS in Economics & BSS from Khulna University, Bangladesh. Her interest on International macroeconomics & monetary economics.