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When labor incomes approach subsistence levels, the labor supply curve slopes outward, because the fight for survival mandates households to look for longer work hours in response to falling wage rates. We explore conditions under which near-subsistence scenarios may imply wage traps, labor...
Persistent link: https://www.econbiz.de/10014220803
This paper examines the link between poverty and income, on the one hand, and human capital and location, on the other … household head to the education of the most educated member. The paper finds poverty to be most severe and persistent for … perpetuating poverty. …
Persistent link: https://www.econbiz.de/10010362230
Persistent link: https://www.econbiz.de/10012623905
This paper is a review of the literature in economics up to the early 1980s on the issue of estimating the earnings return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage determination, with the second of his five points on...
Persistent link: https://www.econbiz.de/10014444219
This paper is a review of the literature in economics up to the early 1980s on the issue of estimating the earnings return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage determination, with the second of his five points on...
Persistent link: https://www.econbiz.de/10014448139
Significant amount of recent research continues to produce evidence in support of the presence of sheepskin effects in returns to schooling both for developed and developing countries. However, researchers have not made many attempts to identify or empirically test the possible mechanisms that...
Persistent link: https://www.econbiz.de/10011934192
Overeducation poses a significant challenge in the job market, impacting both job mobility and wage. This study aimed to examine the influence of overeducation experience on two key factors, including 1) the probability of experiencing overeducation again in the current job and 2) the level of...
Persistent link: https://www.econbiz.de/10014506386
Persistent link: https://www.econbiz.de/10012244287
Persistent link: https://www.econbiz.de/10014301311
A key way for the world's poor - nearly half of humanity - to escape poverty is to earn more for their labor. Most of … to earn enough to escape poverty, they are working hard but working poor. Two key policy planks in the fight against … poverty should be: raising the returns to self-employment and creating more opportunities to move from selfemployment into …
Persistent link: https://www.econbiz.de/10011419454