Jobs are critical to poverty reduction and inclusive growth in Sierra Leone, where more than half the population is poor and most are dependent on labor earnings. Adding to the jobs challenge is the young and growing population and therefore the need for substantial job creation, coupled with...

This paper solves and estimates a stochastic model of optimal inter-temporal behavior to assess how changes in the design of the unemployment benefits and pension systems in Brazil could affect savings rates, the share of time that individuals spend outside of the formal sector, and retirement...

This Note systematizes the economic evaluation of Jobs Investment Projects. It explains the limitations of past approaches that have regarded jobs only as a by-product of growth. It focuses on market failures that create a gap between the social and private return on investments and reduce the...

Una versión actualizada de este documento está disponible gratuitamente en la serie de documentos "Economic Development" de la Asociación Euroamericana de Estudios de Desarrollo Económico. http://www.usc.es/economet/aea.htm <p> An updated version of this paper is downloadable free in the...</p>

It is almost certain that the world economy is entering a recession of historic proportions; how bad things get will depend on how governments manage the Covid-19 pandemic. At the core of the problem lies a very difficult choice: whether to "flatten the curve" of the epidemic or whether to...

In this paper, we consider the impact of displacement (defined as a separation due to firm closure) on the earnings of workers in France. We find that the estimated effects of displacement on earnings are very sensitive to measure of wages used. Earnings changes for displaced workers in France...