The law proposal on the reduction of the working week submitted to the Italian Parliament provides an opportunity for a critical and constructive reflection on the role that a reduction of standard working time can play in pursuing the goal of increasing and maintaining a high employment rate....

In emerging economies, policymakers should care not only about the informality level but also about its persistence, which also has key welfare implications. Considering worker flows that drive people into informality is important for developing effective public policies. Using a Markov...

Expenditures on healthcare and employment in the healthcare sector have been steadily increasing across OECD countries for many years. This shift of expenditure and employment towards a consistently found to be less productive sector has often been associated with the idea of Baumol’s (1967)...

This paper analyzes the relationship between demographic change and automation while taking the role of education into account. This is illustrated by incorporating skilled and unskilled labor into a theoretical model. If labor supply by households decreases, for example, due to demographic...

In this study we investigated the long-run relationship between property crime and three macro-financial economic variables in Malaysia for the period 1973 to 2003. In order to avoid what the econometrician term as ‘spurious regression problem’ we estimate the model using the vector-error...

The Sustainable Development Goal 5 emphasises the need to achieve gender parity in economic participation. Perusing the extant scholarship on female economic inclusion in Africa, we identify two pressing gaps. First, we find that previous studies have not explored how innovation affects female...

The impact of labour market regulations on uninsured employment in Greece between 2014 and 2019 is a crucial exploration in response to the pervasive challenge of undeclared work. With the rise of globalization and evolving labour dynamics, understanding and addressing the complexities of...

This study examined the potential link between the shadow economy and underemployment through a controlled laboratory experiment. The study involved 240 undergraduate participants from the University of Peradeniya in Sri Lanka. It consisted of eight meticulously managed sessions, with 30...

The literature has not examined the factors leading to tight labor markets or unemployment in West African countries. We investigate the impact of private credit expansion and contraction on the unemployment rate in Economic Community of West African States (ECOWAS) countries. Credit expansion...

The quantitative HANK model, incorporating the coordination of hours worked in production, yields an improved empirical fit along two dimensions: a more concentrated steady-state distribution of hours worked and lower marginal propensities to earn (MPEs) with positive but moderate fiscal...