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when urbanization is low and consequent pressure on the land keeps rural incomes low, making agents willing to incur high … risks of "underemployment" in the urban informal sector, and eventually falls after urbanization and consequently rural …
Persistent link: https://www.econbiz.de/10012475247
Recent work in the sociology of economic development has emphasized the establishment of a professional bureaucracy in place of political appointees as an important component of the institutional environment in which private enterprise can flourish. I hypothesize that establishment of such a...
Persistent link: https://www.econbiz.de/10012473926
Recent work in the sociology of economic development has emphasized the establishment of a professional government bureaucracy in place of political appointees as an important component of the institutional environment in which private enterprise can flourish. I focus on the role that internal...
Persistent link: https://www.econbiz.de/10012473683
This paper draws on household survey data from countries of all income levels to measure how average unemployment rates vary with income per capita. We document that unemployment is increasing with GDP per capita. Furthermore, we show that this fact is accounted for almost entirely by...
Persistent link: https://www.econbiz.de/10012480823