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Several studies in developed economies have reported that the rate of growth of small firms decreases with firm age as well as size. The result is consistent with Jovanovic`s (1982) version of the passive learning model of competetive selection and is confirmed by data on a random sample of...
Persistent link: https://www.econbiz.de/10010604893
In this paper I extend Lee`s two-stage structural probit analysis in order to test and measure the existence and scope of a public sector job queue in Ethiopia. Recent urban household survey data reject the absence of job rationing in favour of an implicit queue of most private sector workers...
Persistent link: https://www.econbiz.de/10010605041
In this paper, I analyse production and labour market data from a random sample of manufacturing firms in Ethiopia in order to test for skill formation and job matching effects in wage growth. Based on estimated labor market experience and job seniority profiles of relative marginal productivity...
Persistent link: https://www.econbiz.de/10010605186