The informal manufacturing sector (IMS) in India has been a major part of the economy. Whether its growth is due to entry of people in distress, or whether it is a vibrant and growth oriented sector is debatable. In this paper, the growth dynamics of IMS in India over the period 1984 to 2000 is...

An institutional trap emerges in the gap between actual wage rate in Ukraine and the wage that provides the growth in working-age population. This activates the mechanism of demographic trap.

In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...

The demographic structure of Egypt has the form of a pyramid, indicating that labour supply will grow at a relatively high rate for many years to come. Unless emigration flows will rise, Egypt needs to create jobs at a much higher pace than most other countries around the globe to absorb the new...

A factual and descriptive analysis of the employment situation in Bulgaria showed that the transition to a market economy has led to a substantial reduction of employment. The economic restructuring has begun in 1990 has proved very difficult, and the privatization of the large industrial...

A review of the literature on the issue of labor market participation and occupational choice, allows us to see that research on this topic turned more on developed countries. In developing countries, including Algeria, the determinants of participation in economic activity and individuals’...

This paper has done a model analysis from a long-term perspective about Real estate prices in Japan. In particular, we consider a Lewis turning point with the rise of land prices over time. It is analyzed by state space methods. Using the model, we examined how the real estate transactions were...

Long-run impact of economic growth on fertility trends is ambiguous and sensitive for in-time variations. Over last decades, economic growth has led in many countries to significant falls in total fertility rates. However, recently, in high-income economies a kind of “fertility rebound” is...

The August 15th 2013 Shanghai Academic Rankings of World Universities (ARWU) should leave policy makers wondering about whether the impressive growth experienced by ‘latecomers in the industry' has moved hand-in-hand with contribution to knowledge by means of scientific publications. Against...

This paper develops an empirically-relevant framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE which emerges from such an environment affects economic growth, and (c) how growth in turn relates to...