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Due to strict reliance on competitive labor markets, standard approaches which measure skill biased technical change (SBTC) conflate labor market distortions which prevent firms from choosing the efficient ratio between skilled and unskilled labor and `true' SBTC. This contrasts with recent...
Persistent link: https://www.econbiz.de/10012869261
Economic literature has so far produced very limited (country-level only) evidence on the magnitude of skilled biased technical change (SBTC) and not investigated at all the extent to which, coupled with labor market imperfections, it can be associated to an inefficient use of labor. We present...
Persistent link: https://www.econbiz.de/10013312585
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This article draws on the donor experience in agriculture-sector reforms to analyse the contribution of Poverty and Social Impact Analysis (PSIA) to improved rural policy. A decision-theoretic framework is presented showing that effective PSIAs should target reforms where institutional...
Persistent link: https://www.econbiz.de/10012562460