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In a competitive model we ease the assumption that efficiency units of labour are the product of hours and workers. We show that a minimum wage may either increase or decrease hours per worker and the change will have the opposite sign to the slope of the equilibrium hours hourly wage locus....
Persistent link: https://www.econbiz.de/10010292875
We develop a model where workers may enter self-employment or search for jobs as employees and where there is heterogeneity across workers' managerial ability. Workers with higher skills will manage larger firms while workers with low managerial ability will run smaller firms and will be in...
Persistent link: https://www.econbiz.de/10010293654
We use an equilibrium search framework to model a formal- informal sector labour market where the informal sector arises endogenously. In our model large firms will be in the formal sector and pay a wage premium, while small firms are characterised by low wages and tend to be in the informal...
Persistent link: https://www.econbiz.de/10010293844
We develop a model where workers may enter self-employment or search for jobs as employees and where there is heterogeneity across workers' managerial ability. Workers with higher skills will manage larger firms while workers with low managerial ability will run smaller firms and will be in...
Persistent link: https://www.econbiz.de/10010343166
Persistent link: https://www.econbiz.de/10010320700
We develop a model where formal sector firms pay tax and informal ones do not, but informal firms risk incurring the penalty associated with non-compliance. Workers may enter self-employment or search for jobs as employees. Workers with higher managerial skills will run larger firms while...
Persistent link: https://www.econbiz.de/10010283989
This paper analyses the impact of government grants on labour demand using plant leveldata for manufacturing industry in Ireland. Our data consists of a large sample of plants andtheir complete grant history...
Persistent link: https://www.econbiz.de/10005861409
We estimate the wage penalty associated with working in the South African informal sector.To this end we use a rich data set on non-self employed males that allows one to accuratelydistinguish workers employed in the informal sector from those employed in the formal sectorand link individuals...
Persistent link: https://www.econbiz.de/10005861425
We show theoretically that when larger firms pay higher wages and are more likely to becaught defaulting on labour taxes, then large high-wage firms will be in the formal sector andsmall low-wage firms will be in the informal sector...
Persistent link: https://www.econbiz.de/10005861431
Persistent link: https://www.econbiz.de/10003837730