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This paper documents the main patterns and trends of alternative definitions of labor informality in Latin America and … evidence suggests that there are no signs of a consistent pattern of reduction in labor informality in the region. Regardless … of the definition used, labor informality remains a pervasive characteristic of labor markets in LAC. In several …
Persistent link: https://www.econbiz.de/10008546333
Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and unemployment benefits can contribute to happiness—though when...
Persistent link: https://www.econbiz.de/10011404978
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario vibrant. It is contrasted with what would happen if present policies continue within the European Union...
Persistent link: https://www.econbiz.de/10010331412
Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and unemployment benefits can contribute to happiness - though when...
Persistent link: https://www.econbiz.de/10011430773
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario “vibrant.” It is contrasted with what would happen if present policies continue within the European...
Persistent link: https://www.econbiz.de/10010227788
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario "vibrant." It is contrasted with what would happen if present policies continue within the European...
Persistent link: https://www.econbiz.de/10010884389
This article is an idiosyncratic survey of the insider-outsider theory, describing the vision underlying the theory, and evaluating salient contributions to the literature in the light of this vision. We also indicate what appear to have been dead-ends and red herrings in past research. The...
Persistent link: https://www.econbiz.de/10010292491
Suppose insiders use their market power to push up their wages, while entrants receive their reservation wages. How will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an insider wage hike reduces recession-time employment but, in...
Persistent link: https://www.econbiz.de/10010265593
This article is an idiosyncratic survey of the insider-outsider theory, describing the vision underlying the theory, and evaluating salient contributions to the literature in the light of this vision. We also indicate what appear to have been dead-ends and red herrings in past research. The...
Persistent link: https://www.econbiz.de/10011412195
Suppose insiders use their market power to push up their wages, while entrants receive their reservation wages. How will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an insider wage hike reduces recession-time employment but, in...
Persistent link: https://www.econbiz.de/10011413583