Analysis of the Economic Impact of Wage Expansion in Algeria: An Empirical Approach
| المصدر: | مجلة دراسات اقتصادية |
|---|---|
| الناشر: | جامعة زيان عاشور بالجلفة |
| المؤلف الرئيسي: | Zerkak, Sabrina (Author) |
| المجلد/العدد: | مج18, ع3 |
| محكمة: | نعم |
| الدولة: |
الجزائر |
| التاريخ الميلادي: |
2024
|
| الشهر: | نوفمبر |
| الصفحات: | 149 - 168 |
| ISSN: |
2716-8301 |
| رقم MD: | 1524318 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
Wage Policy | Wage Expansion | Social Accounting Matrix (SAM) Multiplier Model
|
| رابط المحتوى: |
| المستخلص: |
The evolution of wages plays a crucial role in the economic dynamics of a country, influencing household consumption, business investment, and macroeconomic aggregates. In Algeria, where wage policies aim for social stability and wealth redistribution, wage expansion is of major importance. The new policy for 2023-2024 foresees significant increases, reaching up to 53% by 2027, with an initial target of 47% in 2024. This article empirically examines the economic impacts of these increases using the social accounting matrix (SAM) multiplier model. The results indicate that this policy will not be effective without a prior revitalization of Algeria's productive apparatus and the accompaniment of this policy by balanced economic measures aimed at stabilizing inflation and reducing wage disparities. |
|---|---|
| ISSN: |
2716-8301 |
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