Showing 1 - 10 of 19
foreign capital in the urban formal sector on unemployment and social welfare crucially hinge on the relative factor …’s twin objectives of improvement in social welfare and mitigation of the urban unemployment problem. These results are … extremely crucial from the view of policymaking in an unemployment plagued, low-income developing economy. …
Persistent link: https://www.econbiz.de/10011259840
evidences indicating its dynamic character and its instrumental role in ameliorating unemployment and propelling the developing … into the diverse aspects of the ‘multidimensional’ informal sector, its role in the context of unemployment, child labour …
Persistent link: https://www.econbiz.de/10011259973
Global recession is likely to hit the skilled sector or the so-called white goods, white collared sector in a typical developing economy. In this paper we try to analyze the impact of such an event on informal wage as the vast majority of the workforce in the developing world is employed in the...
Persistent link: https://www.econbiz.de/10008559291
A simple three-sector general equilibrium model has been developed with both male and female labour and factor market distortions. The effects of different liberalized economic policies have been examined on the gender-based wage inequality. The analysis finds that credit market reform and...
Persistent link: https://www.econbiz.de/10011109795
Structural unemployment is due to mismatch between available jobs and workers. We formalize this concept in a simple … costs across segments generate structural unemployment. We estimate the contribution of these costs to fluctuations in US … unemployment, operationalizing segments as states or industries. Most structural unemployment is due to wage bargaining costs …
Persistent link: https://www.econbiz.de/10009228781
predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is …
Persistent link: https://www.econbiz.de/10009293465
Using new quarterly data for hours worked in OECD countries, Ohanian and Raffo (2011) argue that in many OECD countries, particularly in Europe, hours per worker are quantitatively important as an intensive margin of labor adjustment, possibly because labor market frictions are higher than in...
Persistent link: https://www.econbiz.de/10009321252
Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run restrictions....
Persistent link: https://www.econbiz.de/10004969342
Estimates of the e¤ect of education on GDP (the social return to education)have been hard to reconcile with micro evidence on the private return. We present a simple explanation that combines two ideas: imperfect substitution between worker types and endogenous skill biased technological...
Persistent link: https://www.econbiz.de/10005704916
In this paper I present a model in which production requires two types of labor inputs: regular productive tasks and organizational capital, which is accumulated by workers performing organizational tasks. By allocating more workers from organizational to productive tasks, firms can temporarily...
Persistent link: https://www.econbiz.de/10005707967