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Job creation in a multi-sector labor market model for developing economies

Basu, Arnab K.; Chau, Nancy H.; Fields, Gary S.; … - 2016

This paper proposes an overlapping generations multi‐sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multi‐sector...

Persistent link: https://www.econbiz.de/10011480814

Disentangling the wage impacts of offshoring on a developing country : theory and policy

Bandyopadhyay, Subhayu; Basu, Arnab K.; Chau, Nancy H.; … - 2016

The various channels through which a reduction in the cost of offshoring can improve wages in a developed country are … cases where wages monotonically improve or worsen as well as those where wages exhibit an inverted U-shaped relationship in … response to parametric reductions in the cost of offshoring. We identify qualitative conditions under which wages and welfare …

Persistent link: https://www.econbiz.de/10011480815

A theory of employment guarantees : contestability, credibility and distributional concerns

Basu, Arnab K. (contributor); Chau, Nancy H. (contributor); … - 2007

Both raw intuition and past experience suggest that the success of an employment guarantee scheme (EGS) in safeguarding the welfare of the poor depends both on the wage it promises, and the ease with which any worker can gain access. An EGS is thus at once a wage guarantee and a rationing...

Persistent link: https://www.econbiz.de/10003539358