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Expansion of earning opportunities and increment in earning levels are dual objectives of policymakers in developing countries. The structural adjustment programme in India tried to ensure both through higher growth targets, and manufacturing sector has seen the most sweeping changes. It is now...
Persistent link: https://www.econbiz.de/10005260234
State interventions into Labour policies in India are directed towards ensuring both job security and income security. In this paper we look at likely impact of such policies. The laws are found to serve the organised workers primarily while large masses of unorganised workers are without any...
Persistent link: https://www.econbiz.de/10005836599
Earning differentials in labour market leads to multidimensional aspects of deprivation and disadvantage. While the ‘deprived’ are excluded from participation in society, such exclusion may also cause deprivation. In economic terms, disparity in labour markets has far-reaching consequences...
Persistent link: https://www.econbiz.de/10005837066
Tertiarisation of labour market has globally been associated with economic progress. But in developing countries, labour market deformities may push people into service economy out of distress also. This paper examines the tertiarisation process in Indian labour market to bring out the reasons...
Persistent link: https://www.econbiz.de/10005616990
An incomplete markets life-cycle model with indivisible labour makes career lengths and human capital accumulation respond to labour tax rates and government supplied non-employment benefits. We compare aggregate and individual outcomes in this individualistic incomplete markets model with those...
Persistent link: https://www.econbiz.de/10005656326
on the contribution of youth to national product. India at present suffers from remarkably high educated unemployment and … skill. Huge youth unemployment, especially educated unemployment is the surest way to social tension, unrest, and unlawful … formation and unemployment among youth in India, focusing specially on educated unemployment. We find that current skill …
Persistent link: https://www.econbiz.de/10011259645
seems to be depressing the labour market. Unemployment is rising, both absolutely and as proportion of labour force …
Persistent link: https://www.econbiz.de/10005616915
mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result …
Persistent link: https://www.econbiz.de/10005123618
Similar durations but lower flows into unemployment gave Europe lower unemployment rates than the United States until … the 1970's. But since 1980, higher durations have kept unemployment rates in Europe persistently higher than in the U.S. A … costs and more generous unemployment compensation make its unemployment rate respond to a parameter that measures a worker …
Persistent link: https://www.econbiz.de/10005123735
To generate big responses of unemployment to productivity changes, researchers have reconfigured matching models in … introducing costly acquisition of credit, or by positing government mandated unemployment compensation and layoff costs. All of … these redesigned matching models increase responses of unemployment to movements in productivity by diminishing the …
Persistent link: https://www.econbiz.de/10011201357