Labor Market Rigidities and Informality in Colombia

2010 ◽  
Author(s):  
Camilo Mondragon-Velez ◽  
Ximena Pena ◽  
Daniel Santiago Wills
Keyword(s):  
Labor Market ◽  
Labor Market Rigidities

scholarly journals The Positive Economics of Labor Market Rigidities and Investor Protection

Kyklos ◽  
2001 ◽  
Vol 54 (4) ◽  
pp. 557-590 ◽  
Author(s):  
Rainer Fehn ◽  
Carsten-Patrick Meier
Keyword(s):  
Labor Market ◽  
Investor Protection ◽  
Labor Market Rigidities ◽  
Positive Economics

scholarly journals Theory and Practice of Crisis in Political Economy: The Case of the Great Recession in Spain

2021 ◽  
pp. 048661342110272
Author(s):  
Juan Pablo Mateo
Keyword(s):  
Political Economy ◽  
Labor Market ◽  
Interest Rates ◽  
Great Recession ◽  
Jel Classification ◽  
Theory And Practice ◽  
Housing Bubble ◽  
Surplus Value ◽  
The Great Recession ◽  
Labor Market Rigidities

This paper addresses Marx’s theory of crisis in order to analyze the Great Recession in Spain, a peripheral economy within the Eurozone. It demonstrates that underlying the problem of the “housing bubble” is an incapacity to generate surplus value, which in turn explains certain particularities related to capital composition, productivity, wages, and finance. The article further carries out a critique of both orthodox and heterodox approaches that focus on (1) profit squeeze caused by labor market rigidities, (2) underconsumption due to stagnant wages, and (3) finances, interest rates, and indebtedness JEL classification: B14, E11, E20, E43, J30

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