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We provide an analysis of enforcement policies applicable to formal sector in dual labor markets. Using a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated enforcement strategies, we show that firms which operate both in the formal and...
Persistent link: https://www.econbiz.de/10013117965
We provide an analysis of enforcement policies applicable to formal sector in dual labor markets. We use a framework with heterogeneous firms, endogenous determination of informal wage and politically dictated enforcement strategies. Firms which operate both in the formal and informal sectors do...
Persistent link: https://www.econbiz.de/10013120119
Emigration leads to finite changes in structure of production and sectors vanish because they cannot pay higher wages. Does emigration of one type of labour hurt the other non-emigrating type in this set up? We demonstrate various scenarios when real income of the emigrating and the...
Persistent link: https://www.econbiz.de/10013154948
This study tries to look at how 'open' Indian states are with respect to international trade and then try to characterise the relationship between regional disparity and 'openness'. The major purpose of this work is to develop an openness index at the regional or state level. It is well...
Persistent link: https://www.econbiz.de/10012773000
This paper provides a detailed survey on the literature on trade and migration. We discuss several aspects on international mobility of labor with heterogeneous skill types and relate that to the movement of goods and services between nations, as also the issue of welfare and capital formation...
Persistent link: https://www.econbiz.de/10012773001
Rent seeking within the vast informal segment of the developing world is a relatively underdexplored topic in the interface of labor market policies and public economics. Moreover, how rent seeking and corruption within the informal segment is affected by economic reforms targeted for the formal...
Persistent link: https://www.econbiz.de/10012894076
Global recession is likely to hit the skilled sector or the so-called white goods, white collared sector in a typical developing economy. In this paper we try to analyze the impact of such an event on informal wage as the vast majority of the workforce in the developing world is employed in the...
Persistent link: https://www.econbiz.de/10012976775