The official U.S. unemployment rate is an inadequate measure of actual labor market conditions. This poses a major challenge for researchers and confuses both the public and policy makers. A new definition of unemployment is proposed. It considers those part-time workers who would like to work...

A principal often needs to match agents to perform coordinated tasks, but agents can quit or slack off if they dislike their match. We study two prevalent approaches for matching within organizations: Centralized assignment by firm leaders and self-organization through market-like mechanisms. We...

The existence of the dual labor market in Korea is tested under the two different definitions of the labor market dualism. First, the estimation results from widely used tools such as Heckman's sample selection model support the existence of two wage equations, advocating the presence of labor...

Canadian labor market data are being used in this paper. These series are quarterly data from 1980 Q1 to 2000 Q4. This series are stationary by test for cointegration I(0), meaning that there exist equilibrium relationship between the time series labour productivity (prod), employment (e),...

This paper explores a simple model of labor market adjustment where inter-sectoral transfer in response to terms of trade shocks involves both sector-specific skill acquisition and workplace disruption. Externalities arise because the marginal migrant does not consider the congestion costs...

Analyzing data on 2,225 men and 2,401 women from the National Comorbidity Survey, the authors examine the impact of psychiatric disorders on employment and, among those employed, work hours and income. They find that psychiatric disorders significantly reduced employment among both men and...

The article examines key aspects that characterize the development of the Russian labor market during the crisis period 2008-2009. As well as post crisis 2010-2011. Particular attention is paid to the analysis of activities to reduce tensions on the labor market. Also provides same...

This study investigates the characteristics of Africa's tech sector, its digital services, and its impact on economic development, specifically on labour markets. Our literature review and new analyses based on a database of African startups shows that Africa's emergent tech sector is adapting...

Recently developed counterfactual techniques that combine quantile regression with a bootstrap approach allow for the interpretation of lower quantiles of the "simulated unconditional wage distribution" as if they related to poor people. We use this approach to analyse gender wage gaps across...

Using quarterly Census data for 1996-2000, the author evaluates how minimum wages affected teenage employment at the county level. An analysis that includes all counties yields small and statistically insignificant effects, consistent with previous research using state panels. However, in...