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Labour Market Flexibility, Wages and Incomes in Sub-Saharan Africa in the 1990s.

Abstract:

This paper provides an overview of how African labour markets have performed in the 1990s. It is argued that the failure of African labour markets to create good paying jobs has resulted in excess labour supply in the form of either open unemployment or a growing self-employment sector. One explanation for this outcome is a lack of labour market 'flexibility' keeping formal sector wages above their equilibrium level and restricting job creation. We identify three attributes of labour market f...

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Journal:
African Development Review/Revue Africaine de Developpement
Volume:
18
Issue:
3
Pages:
392 - 427
Publication date:
2006-01-01
ISSN:
1017-6772
Language:
English
UUID:
uuid:6eaeae11-23bf-4149-9de2-584a31bc1370
Local pid:
oai:economics.ouls.ox.ac.uk:12521
Deposit date:
2011-08-15

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