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The informal sector plays an important role in the functioning of labor markets in emerging economies. To characterize better this highly heterogeneous sector, we conduct a distributional analysis of the earnings gap between informal and formal employment in Brazil, Mexico and South Africa,...
Persistent link: https://www.econbiz.de/10009725463
exposure to informality on future earnings. We document that workers who exit formal employment experience a significant wage …
Persistent link: https://www.econbiz.de/10013464810
informality. For that purpose, the paper examines a recently approved tax reform in Colombia especially targeted to promote labor …
Persistent link: https://www.econbiz.de/10010466461
Since the global financial crisis, US wage growth has been sluggish. Drawing on individual earnings data from the 2000-15 Current Population Survey, I find that the drawn-out cyclical labor market repair - likely owing to low entry wages of new workers - slowed down real wage growth. There are,...
Persistent link: https://www.econbiz.de/10012977830
While there is a wealth of literature dealing with the spatial nature of knowledge and its transferral, I argue that the underlying mechanisms have not been sufficiently understood. Existing research relating the geography of inflows to firm productivity does not adequately address firm and...
Persistent link: https://www.econbiz.de/10012491902
by these segments of the labor market, as well as the high frequency of transitions between them. Informality is …
Persistent link: https://www.econbiz.de/10012852838
This article examines the intertwining relationship between informality and education-occupation mismatch (EOM) and the … consequent impact on the workers' wages. In particular, we discuss two issues - first, the relative importance of informality and … analysis reveals that although both informality and EOM are significant determinants of wages, the former is more crucial for a …
Persistent link: https://www.econbiz.de/10014228209
Human capital is transferable across occupations, but only to a limited extent because of differences in occupational skill-profiles. Higher skill overlap between occupations renders less of individuals' human capital useless in occupational switches. Current occupational distance measures...
Persistent link: https://www.econbiz.de/10008669978
This paper jointly analyses the consequences of adverse selection and signalling on entry wages of skilled employees. It uses German linked employer employee panel data (LIAB) and introduces a measure for relative productivity of skilled job applicants based on apprenticeship wages. It shows...
Persistent link: https://www.econbiz.de/10009510171
We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a Heckman correction for selection into unemployment. We...
Persistent link: https://www.econbiz.de/10009664848