How Long to Read Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa

By Ibrahima Camara

How Long Does it Take to Read Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa?

It takes the average reader and 32 minutes to read Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa by Ibrahima Camara

Assuming a reading speed of 250 words per minute. Learn more

Description

Covid-19 and war-induced commodity price fluctuations, and broadening price pressures have led to a surge in inflation in many sub-Saharan Africa (SSA) countries. To adjust to increasing costs, firms have resorted to several measures including shuttering offices, reducing businesses, laying off, and freezing hiring, thus putting at risk job creation and raising concerns of youth unemployment. This paper explores the effects of inflation on private employment growth in SSA using a large firm -level dataset from the World Bank’s Enterprise Surveys. We find a non-linear relationship between inflation and job creation in SSA, with job creation being negatively correlated with inflation rate when the latter is above 14 percent. This finding holds regardless of the sector of activities of firms and the exchange rate regime. In addition, the paper finds some differential effects based on the type of products. An increase in fuel prices tends to be more detrimental to job creation than food prices. The study also provides evidence that the state of implementation of structural reforms matters. The results show that inflation reduces job opportunities mostly in countries with bad or no structural reforms.

How long is Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa?

Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa by Ibrahima Camara is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa aloud.

What Reading Level is Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa?

Unbearable Costs: When Is Inflation Impeding Job Creation? Evidence from Sub-Saharan Africa is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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