Showing 1 - 10 of 182
US and not to the traditional idea of informality constituting the inferior sector of a segmented market. That said, the … counter cyclical job finding in the formal sector combined with the acyclical job finding in informality does lead to the …
Persistent link: https://www.econbiz.de/10011071130
A recent boom in commodities-for-manufactures trade between China and other developing countries has led to much concern about the losers from rising import competition in manufacturing, but little attention on the winners from growing Chinese demand for commodities. Using census data for...
Persistent link: https://www.econbiz.de/10011126579
A century has passed since the first call for a British national minimum wage (NMW). That remarkable Fabian tract discussed wage setting, coverage, monopsony, international labour standards, inspection and compliance and the interaction between the NMW and the social security system. The NMW was...
Persistent link: https://www.econbiz.de/10010745520
This paper studies the impact of NAFTA on informality and real wages in Mexico. Using a dynamic industry model with … firm heterogeneity, it is predicted that import tariff elimination could reduce the incidence of informality by making more … the Mexican import tariffs are significantly related to reductions in the likelihood of informality in the tradable …
Persistent link: https://www.econbiz.de/10010746201
Entrepreneurs are believed to be the ultimate engine of modern economic systems. Yet, the study of entrepreneurship suffers from the lack of consensus on the most crucial question: what makes an entrepreneur? A recent theory developed by Edward Lazear suggests that individuals mastering a...
Persistent link: https://www.econbiz.de/10010746173
This paper assesses the potential of `workplace training'' with reference to German Apprenticeship. When occupational matching is important, we derive conditions under which firms provide `optimal'' training packages. Since the German system broadly meets these conditions, we evaluate the...
Persistent link: https://www.econbiz.de/10010744921
UK government policy encourages mothers of young children in low-income families to enter or return to work, via tax credit subsidies and support for childcare. Maternal employment is seen a central plank in the campaign against child poverty, both because it raises income immediately and...
Persistent link: https://www.econbiz.de/10010744941
In this paper we estimate the sorting effects of university degree class on initial labor market outcomes using a regression discontinuity design that exploits institutional rules governing the award of degrees. Consistent with anecdotal evidence, we find sizeable and significant effects for...
Persistent link: https://www.econbiz.de/10010745115
An increase over time in the proportion of young people obtaining a degree is likely to impact on the relative ability compositions (i) of graduates and non-graduates and (ii) across graduates with different classes of degree award. In a signalling framework, we examine the implications of this...
Persistent link: https://www.econbiz.de/10010745232
During the early Nineties the proportion of UK graduates doubled over a very short period of time. This paper investigates the effect of the expansion on early labour market attainment, focusing on over-education. We define over-education by combining occupation codes and a self-reported measure...
Persistent link: https://www.econbiz.de/10010745327