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assesses these approaches along with the factors related to informality-formality trade-off and the issue of formalisation as a …
Persistent link: https://www.econbiz.de/10010293528
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
regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage … micro data and evaluate the labor market and welfare effects of policies towards informality. …
Persistent link: https://www.econbiz.de/10010331021
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/10010331945
We analyse potential dynamic benefits for a firm from having the option of adopting informal status. Informality may be … a stepping stone, without which formality might never be achieved. This result obtains for a broad range of realistic … parameter values, suggesting a potential dynamic case for government support of informal firms. Informality may alternatively …
Persistent link: https://www.econbiz.de/10010273415
This paper studies the impact of product and labor market regulations on informality and unemployment in a general … regulations lead to a simultaneous reduction in informality and unemployment. The difference between these two policy options lies …
Persistent link: https://www.econbiz.de/10010278505
Employment and job creation are key components in achieving economic growth and sustainable development, particularly in low-income countries. The growing size of the working-age population in many developing regions underscores the need to further strengthen labour market structures in the...
Persistent link: https://www.econbiz.de/10014279356
Persistent link: https://www.econbiz.de/10010520225
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