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This paper formalizes the use of flexible labor contracts in an efficiency wage framework and derives market dualism as an endogenous outcome. By allowing temporary contracts to be either renewed or converted into permanent contracts, new theoretical insights emerge both on the equilibrium wage...
Persistent link: https://www.econbiz.de/10010251553
In the light of Trinidad and Tobago’s colonial history, its labour market is characterized by two about equal sized majority racial groups that had during colonialism been highly segregated in terms of education, occupation, industry and sector of work and facing a large institutionalized pay...
Persistent link: https://www.econbiz.de/10011926189
In a span of six years, the proportion of Venezuelans in Perú has surged nearly fourfold, rising from virtually zero to over 4% of the population. This study delves into the dynamics of medium- and long-term labor market integration in Perú, combining data from the Venezuelan Population...
Persistent link: https://www.econbiz.de/10014537370
In this paper we discuss some strands of the recent literature on the evolution of gender gaps and their driving forces. We will revisit key stylized facts about gender gaps in employment and wages in a few high-income countries. We then discuss and build on one gender-neutral force behind the...
Persistent link: https://www.econbiz.de/10012243240
We develop a social network model of occupational segregation between different social groups, generated by the existence of positive inbreeding bias among individuals from the same group. If network referrals are important for job search, then expected homophily in the contact network structure...
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The labour market position of the lower skilled is increasingly under pressure in most high income countries. Their bargaining position is declining under the twin pressures of globalisation and technological change; and they are at risk of losing access to better positions as firms’ pay and...
Persistent link: https://www.econbiz.de/10014266873