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The self-employed constitute a large proportion of the workforce in developing countries and the sector has been found to be growing further. Different accounts exist as to the cause of this development, with pull factors such as high returns to capital and increased wealth contrasted with push...
Persistent link: https://www.econbiz.de/10010337882
This paper examines recent trends in employment patterns on the labor market for youth and changing returns to early employment stability over the past four decades. True state dependence is identified by exploiting exogenous variation in aggregate labor market conditions induced by differences...
Persistent link: https://www.econbiz.de/10010338402
Skill-Biased Technical Change is one of the most prominent explanations for the rise in wage inequality in the United States over the last decades. However, the explanation is challenged for several reasons. In this paper, I propose an alternative type of technical change, where new technologies...
Persistent link: https://www.econbiz.de/10010340554
This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social capital is endogenous, so that better connected workers bargain higher wages for a given level of productivity. This is a positive effect of referrals on reservation wages. At the...
Persistent link: https://www.econbiz.de/10010340568
In light of the remarkable number of young people who pass through a period of temp work at the beginning of their career the question arises whether labor market entry via temporary work agency (TWA) employment has any (persistent) effects on labor market outcomes. We investigate this issue...
Persistent link: https://www.econbiz.de/10010340997