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What are the sources of wage growth in developing countries? In the US, general labor market experience is the key source of wage growth, with job seniority playing a smaller role. By contrast, in Indonesia, the 10-year return to seniority is 24 to 29%, which is higher than the return to...
Persistent link: https://www.econbiz.de/10010528578
by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill … this knowledge gap by shedding further light on the linkages running from globalisation to informality in developing … of indicators most likely to influence the size of informality. Our finding reveals that the indicators with consistently …
Persistent link: https://www.econbiz.de/10011345476
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developing countries advance their development objectives, even where enforcement capacity is weak and informality is pervasive. …
Persistent link: https://www.econbiz.de/10011417394
by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill … this knowledge gap by shedding further light on the linkages running from globalisation to informality in developing … of indicators most likely to influence the size of informality. Our finding reveals that the indicators with consistently …
Persistent link: https://www.econbiz.de/10011346442
We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...
Persistent link: https://www.econbiz.de/10009725361
Persistent link: https://www.econbiz.de/10009690164
Persistent link: https://www.econbiz.de/10010358889
achieving coverage in countries with high informality, financing the scheme without further distorting the labor market, and …
Persistent link: https://www.econbiz.de/10011549787
Persistent link: https://www.econbiz.de/10011552751