Economic integration, wage policies, and social policies

Economic Integration , Wage Policies and Social Policies

This paper sets up a two country monopolistic competition model with intra-industry trade to study the effects of an exogenous differential in wage and social policies on the location of industry. Two model scenarios are considered. In the traditional one with physical capital, such a differential induces a relocation effect which increases with the level of trade integration. The ‘new economic...

economic policies and social problems in iran

objectives: goal-directed subsidies because of its nature can affect all aspects of iranian life. this scheme is not only an economic program but also affects other aspects of social life including: welfare and economic situation of society, labor market, income, expenditure and consumption pattern models of family and social problems such as poverty and inequality, drug abuse, family problem, ...

economic policies social justice and agricultural sector

background: theoretically, a vital factor in development has been the resilience and strength of socio-economic system to confront instabilities and crises. the precaution, however, is that an error might be committed, where, instead of finding the root causes of diseases we are mobilizing the forces to confront the signs of illness, leaving the diseases to grow and damage the lesser developed ...

Center for Social & Economic Research Economic Convergence and Economic Policies

Wage policies of a

We use a rich personnel data set from a Russian firm for the years 1997 to 2002 to extend the analysis of internal labor markets to economies in transition. Our focus is on the effect of the financial crisis in 1998 and its aftermath on wages and the welfare of workers in the firm, providing evidence of how costs are distributed inside firms during such dramatic macroeconomic upheavals. We show...