Growth and Jobs in Developing Economies : Trends and Cycles /

This paper investigates the relationship between economic growth and job creation in developing economies with a focus on low and lower middle-income countries along two dimensions: growth patterns and short-run correlations. Analysis on growth patterns shows that regime changes are quite common in...

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Bibliographic Details
Main Author: An, Zidong
Other Authors: Ghazi, Tayeb, Gonzalez Prieto, Nathalie, Ibourk, Aomar
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/257
Online Access:Full text available on IMF
Description
Summary:This paper investigates the relationship between economic growth and job creation in developing economies with a focus on low and lower middle-income countries along two dimensions: growth patterns and short-run correlations. Analysis on growth patterns shows that regime changes are quite common in both economic growth and employment growth, yet they are not synchronized with each other. Okun's Law-the short-run relationship between output and labor market-holds in half of the countries in our sample and shows considerable cross-country heterogeneity.
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Physical Description:1 online resource (26 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students