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It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...
Persistent link: https://www.econbiz.de/10010583118
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … in their villages. We explain this finding using a model of endogenous migration and risk sharing. When migration is … risky, the network can facilitate migration by insuring that risk, which in turn crowds-in risk sharing when new migration …
Persistent link: https://www.econbiz.de/10012387278
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … in their villages. Our model of endogenous migration and risk sharing shows that risky and temporary migration … opportunities can induce an improvement in risk sharing enabling profitable migration. Accounting for improved risk sharing, the …
Persistent link: https://www.econbiz.de/10012648056
Persistent link: https://www.econbiz.de/10012799332
Persistent link: https://www.econbiz.de/10012053181
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … in their villages. We explain this finding using a model of endogenous migration and risk sharing. When migration is … risky, the network can facilitate migration by insuring that risk, which in turn crowds-in risk sharing when new migration …
Persistent link: https://www.econbiz.de/10012030472
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We … in their villages. Our model of endogenous migration and risk sharing shows that risky and temporary migration … opportunities can induce an improvement in risk sharing enabling profitable migration. Accounting for improved risk sharing, the …
Persistent link: https://www.econbiz.de/10012433427
Persistent link: https://www.econbiz.de/10003279985
Persistent link: https://www.econbiz.de/10003546918
Persistent link: https://www.econbiz.de/10003571554