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Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not necessarily fair. The widening of wage differentials that is currently observed is interpreted in this manner: Skill-biased technological progress increases demand for skilled work...
Persistent link: https://www.econbiz.de/10005187319
the fifty-five percent mark. Rajasthan, a state of India characterized by easy access to largest consumer markets, touches … work is an attempt to analyze the emerging structure of Rajasthan economy and its implications for the future. …
Persistent link: https://www.econbiz.de/10011108878
corruption. For substantiating the core argument, the paper examines the success story of NREGA in Rajasthan.Section one of the … MKSS in Rajasthan for making RTI and NREGA a reality. Compare to other states, NREGA experiment was successful in Rajasthan … paper also highlight the achievements of NREGA in Rajasthan like checking migration to urban areas, Natural Resource …
Persistent link: https://www.econbiz.de/10005626886
This paper challenges the economic constraints associated with the so-called post-industrial trilemma. Following Iversen’s and Wren’s seminal 1998 paper, it has been widely accepted that differential industry-level productivity increases rule out a solidaristic structure of wages, due to the...
Persistent link: https://www.econbiz.de/10011259249
It has long been recognised that public sector jobs are an attractive opportunity (because of job security, fringe benefi ts, and so on) in Pakistan’s labour market. Since the early 1990s, Pakistan has been going through an economic restructuring plan, particularly in terms of privatisation....
Persistent link: https://www.econbiz.de/10011260903
Wage formation is often analyzed by assuming that wage differentials reflect productivity differentials intrinsic to the workers, like differences in skill or qualification. Observed industry and firm effects on wages suggests, however, that wage differentials may result from causes rather...
Persistent link: https://www.econbiz.de/10008620611
Conventionally, it is presumed that restructuring of industrial composition of employment only modestly affects the average wage. This is because in a partial equilibrium setting such a restructuring affects the calculation of the average wage only through changes in employment shares of...
Persistent link: https://www.econbiz.de/10008680328
A labor market is considered that is characterized by job competition over job ladders. Firms paying more for comparable jobs can attract workers with better background characteristics (with general human capital) and will lose fewer trained workers (with general and firm-specific human...
Persistent link: https://www.econbiz.de/10008515869
A firm that faces insufficient supply of labor can either increase the wage offer to attract more applicants, or reduce the hiring standard to enlarge the pool of potential employees, or do both. This simultaneous adjustment of wages and hiring standards in response to changes in market...
Persistent link: https://www.econbiz.de/10005187285
A firm that faces insufficient supply of labor can either increase the wage offer to attract more applicants, or reduce the hiring standard to enlarge the pool of potential employees, or do both. This simultaneous adjustment of wages and hiring standards has been emphasized in a classical...
Persistent link: https://www.econbiz.de/10005187294