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Health, like schooling, is a form of human capital and can be expected to be positively related to labor productivity and labor supply. The production of good health and labor productivity, however, sometimes competes with an individual's lifestyle, e.g., binge drinking. In this study, an...
Persistent link: https://www.econbiz.de/10009443113
The primary focus of this paper is the impact of knowledge creation and innovative activity on non-farm employment growth. Non-farm employment growth is modeled in a stylized model where new knowledge and local economic externalities are key factors driving technology growth. For our empirical...
Persistent link: https://www.econbiz.de/10009443119
This study uses an agent-based computational labor market framework to undertake a systematic experimental investigation of the relationship between job capacity, job concentration, and market power. Job capacity is measured by the ratio of total potential job openings to total potential work...
Persistent link: https://www.econbiz.de/10009443124
Experiments with real and computational agents are used to examine the impact of changing the level of a non-employment payoff on the evolution of cooperation between workers and employers participating in a sequential employment game with incomplete contracts. Workers either direct work offers...
Persistent link: https://www.econbiz.de/10009443129
This study undertakes a systematic experimental investigation of hysteresis (path dependency) in an agent-based computational labor market framework. It is shown that capacity asymmetries between work suppliers and employers can result in two distinct hysteresis effects, network and behavioral,...
Persistent link: https://www.econbiz.de/10009443130
This paper examines the double dividend hypothesis in the presence of labour income uncertainty. Empirical evidence shows that uncertainty over labour income is particularly significant in developing, while not negligible in developed countries. Under uncertainty, and assuming incomplete capital...
Persistent link: https://www.econbiz.de/10009443175
This work explores the effects of cross-border relocation of production on the skill composition of Italian manufacturing firms. Its aim is to assess if the firms’ strategy to offshore production activities towards cheap labor countries determines a bias in the relative employment of skilled...
Persistent link: https://www.econbiz.de/10009443179
Since 1986, Nigeria has gradually been integrating with the global economy. This paper examines the effect of globalization on employment and wages in Nigeria. The effects of globalization have been difficult to isolate and evaluate theoretically and empirically due to it multi-faceted nature,...
Persistent link: https://www.econbiz.de/10009443181
This paper estimates long-run price (wage) elasticities of demand for regular farm labour in South Africa using both Ordinary Least Squares (OLS) regression and a Two-stage Least Squares (2SLS) simultaneous-equation model for the period 1960-2002. Both models include a piecewise interactive...
Persistent link: https://www.econbiz.de/10009443198
Off-farm employment has been an integral part of the emerging structure of production agriculture in the South. Government farm program payments, farm structure, and strong non-farm economy have important impact on labor allocation, farm and non-farm labor, decision of farm operators. The...
Persistent link: https://www.econbiz.de/10009443200