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economic turmoil in 1992-1995. Despite the catastrophic fall in GDP employment contracted only marginally. This flexibility has … been achieved mainly through the informalization of employment, and through the reallocation of labor towards small … of the Georgian labor force relies on self-employment as the primary means to earn an income. For some, this is an avenue …
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This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross …-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor …-intensive sectors. Employment in middle-income countries is susceptible to a resource curse, and grows rapidly in response to …
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analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment … unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …-segment variation of the estimated effects is mostly driven by firm productivity levels rather than by search frictions or the …
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