This article examines the effect of social networks by investigating how mobilizing family, friendship or kindship ties in job searches affects the quality of employment (QoE) using a mixed approach. Drawing from socioeconomic literature on the segmented labor market, the authors propose an...

When estimating regional inequality, many economists use inequality indices weighted by the regions' shares in the national population. Although this approach is widespread, its adequacy has not received attention in the regional science literature. This paper proves that such approach is...

The purpose of this paper is to examine the progress in socioeconomic conditions across the major states of India by using convergence hypothesis. Earlier studies that examined regional disparities of development used per capita State Net Domestic Product (SNDP) as an important proxy for...

The labour market in India has been segmented into a formal and informal sector. More than 85% of the labour force is engaged in the informal sector. Since the informal sector does not follow labour laws such as provisions of minimum wage and social security, there is enough scope for...

Labour market is a multi-dimensional entity, with inexorable institutional affiliation. Therefore, the studies on labour market fail to evolve a logical framework to its structure with satisfactory consensus to the theoreticians in totality. It is very interesting to examine the various...

The purpose of this paper is to present an extended version of the IS/LM model, with illegal economy and money laundering in a closed economy, which allows an macroeconomic analysis of the effects of this presence on short-term equilibrium. Without disregarding the FATF´s money laundering...

Compared regionally, Republic of Macedonia has one of the highest levels of grey economy activity. According to some estimations, it accounts for about 40% of GDP. This high level of grey economy has a direct influence to the main economic indicators, categories and instruments for macroeconomic...

In a brief period of time after the 2001-2002 crisis, there was a dramatic fall in informal salaried employment in Argentina. Informal employment—also called “non-registered employment”—refers to employment for which no social security contribution is made. This indicator dropped by...

The aim of this article is to offer some insights into the remarkable happenings that occurred in Cyprus during a two-week period (15 March – 28 March 2013) when the country was left with no banking system, subsisting solely on ATMs and cards. At the same time, we aim to provide some new...