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Do minimum wages stimulate productivity and growth? : minimum wage increases fail to stimulate growth and can have a negative impact on vulnerable workers during recessions
Sabia, Joseph J. - 2015
Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
Persistent link: https://www.econbiz.de/10011434456
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Analysis of Pay Inequality and Its Impacts on Growth and Performance in the Korean Manufacturing Industry
Lee, Jeong-Dong; Heshmati, Almas; Kim, Yunhee - 2021
This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality is estimated by using Theil's index to identify the factors determining the level of pay inequality, and establish its relationship with economic growth and performance. For the...
Persistent link: https://www.econbiz.de/10013324895
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Productivity-wage nexus at the firm-level in Portugal : Decoupling and divergences
Mergulhão, Alexandre - 2021
2010 and 2016, we analyse the relationships between productivity and wages. At odds with neoclassical theory of marginal … productivity of labor, we find that two thirds of firms insufficiently raised wages given observed productivity growth. Employing … the distributions. Most of the documented dynamics contributed not only to the divergence of productivity and wages but …
Persistent link: https://www.econbiz.de/10012696465
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Finance, talent allocation, and growth
D'Acunto, Francesco; Frésard, Laurent - 2018
The growing finance wage premium is related to a modest net reallocation of skilled workers from non-finance sectors into finance in a broad sample of 24 countries over 35 years. The reallocation is higher when the finance wage premium grows faster than the contribution of the financial sector...
Persistent link: https://www.econbiz.de/10011794229
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Informal sector dynamics in times of fragile growth : the case of Madagascar
Vaillant, Julia - In: The European journal of development research : journal … 26 (2014) 4, pp. 437-455
Persistent link: https://www.econbiz.de/10010467435
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Growth of urban informal sector and economic development
Rao, Mailamuri Koteswara (contributor) - 1994
Persistent link: https://www.econbiz.de/10000892363
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A development curse : formal vs informal activities in resource-dependent economies
Papyrakis, Elissaios - In: International journal of social economics 41 (2014) 3, pp. 244-264
Persistent link: https://www.econbiz.de/10010386048
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Growth and labour markets in developing countries
Satchi, Mathan; Temple, Jonathan - 2006
Persistent link: https://www.econbiz.de/10003292825
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Corruption, economic growth and the informal sector : empirical evidence from developing countries
Ngouhouo, Ibrahim; Njoya, Loudi; Asongu, Simplice - 2022
The main objective of this paper is to contribute to in-depth literature on the relationship between growth and the informal sector in the presence of corruption. The impact of the interaction between growth and corruption on economic performance (increase or decrease of the informal sector)...
Persistent link: https://www.econbiz.de/10012817792
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Employment in India's informal sector : size, patterns, growth and determinants
Bairagya, Indrajit - In: Journal of the Asia Pacific economy 17 (2012) 4, pp. 593-615
Persistent link: https://www.econbiz.de/10010220023