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Being beautiful gives a person an advantage in many settings. Attractive people earn more and have an easier time getting hired. People spend large amounts of money on goods and services to enhance their beauty. Is this enhancement worth pursuing? Research suggests that the expected improvement...
Persistent link: https://www.econbiz.de/10011433614
Labour market reform to improve growth prospects and reduce inequality is a top priority in the face of rapid population ageing and a dualistic labour market. Sustaining output growth requires policies to mitigate the impact of rapid population ageing by increasing labour inputs from...
Persistent link: https://www.econbiz.de/10009769682
Economic growth and recent policy reforms have increased employment and reduced overall poverty in Chile. Yet there are some groups that remain at the margins of the labour market and could benefit from and contribute more to growth. Women and young people have entered the labour force in...
Persistent link: https://www.econbiz.de/10010374406
The proportion of non-regular workers has risen to one-third of total employment. While non-regular employment provides flexibility and cost reductions for firms, it also creates equity and efficiency concerns. A comprehensive approach that includes relaxing the high degree of employment...
Persistent link: https://www.econbiz.de/10012444219
This paper analyses the increasing dualism in the Korean labour market and the need to encourage greater labour force participation. Although the rising proportion of non-regular workers lowers labour costs and increases employment flexibility, it has a negative impact on both equity and...
Persistent link: https://www.econbiz.de/10012444258
A well-functioning labour market is essential to sustain rapid economic growth in the face of population ageing. Priorities are to reverse the rising share of non-regular workers, which has negative implications for both growth and equity, and encourage greater employment of women and youth, who...
Persistent link: https://www.econbiz.de/10012446446
Unemployment in South Africa is extremely high and unevenly distributed, being concentrated among young less-skilled blacks. The legacies of apartheid can explain part of the increase in labour supply and inability of the economy to absorb it which produced the extreme levels of unemployment,...
Persistent link: https://www.econbiz.de/10012446944
Fundamental reform of traditional Japanese labour market practices is essential to cope with rapid population ageing and the era of 100-year lives. A shift to more flexible employment and wage systems based on performance rather than age would enable Japan to better utilise its human capital....
Persistent link: https://www.econbiz.de/10012111108
This paper uses the Labor Force Survey (LFS) from 1999 to investigate the labor market earnings determination process in the small Eastern Caribbean island of Dominica. Given the interval coded nature of the earnings data reported for the LFS, an interval regression model estimated by maximum...
Persistent link: https://www.econbiz.de/10011213131
Economic growth and recent policy reforms have increased employment and reduced overall poverty in Chile. Yet there are some groups that remain at the margins of the labour market and could benefit from and contribute more to growth. Women and young people have entered the labour force in...
Persistent link: https://www.econbiz.de/10011276939