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The assumption of perfectly functioning labour markets is ubiquitous in growth theory, yet incompatible with equally ubiquitous poverty in developing countries' informal sectors. We argue that developing countries and high-income countries differ as in the former, induced by informal sector...
Persistent link: https://www.econbiz.de/10012949535
Labor markets in Australia have adjusted smoothly to significant declines in commodity priceswith little increase in unemployment. This paper examines several aspects of the adjustment,focusing on (i) evidence of increased labor market frictions following the commodity pricedecline; (ii)...
Persistent link: https://www.econbiz.de/10012950426
We present cross-country evidence on the impact of remittances on labor market outcomes.Remittances appear to have a strong impact on both labor supply and labor demand inrecipient countries. These effects are highly significant and greater in size than those offoreign direct investment or...
Persistent link: https://www.econbiz.de/10012913942
In 2019, the rate of decline in the workforce soared: in Q1, it shrank by nearly 0.8m on the corresponding quarter of the previous year, while over the entire year 2018, that index had declined by only 0.1m. As a result, the number of individuals involved in economic activities (without taking...
Persistent link: https://www.econbiz.de/10012863966
Managing the inflows of foreign workers, and the ability of the domestic labour market to integrate them, is now at the heart of the policy debate in Malaysia. It is therefore relevant to assess the socio-economic interactive effects of foreign workers with the domestic job market to provide a...
Persistent link: https://www.econbiz.de/10014171536
This paper assesses the effectiveness of work-sharing as a tool against unemployment, within a simple model where unemployment is induced by a binding minimum wage. To be effective, policies such as working time reduction or early retirement require that the workforce be homogeneous enough: The...
Persistent link: https://www.econbiz.de/10014175754
This paper proposes an explanation of the puzzling coexistence of elements of inertia and dynamism on the Russian labour market using a segmentation model. Risk adverse workers are differentiated according to their productivity. They face a trade-off between wages and access to social services...
Persistent link: https://www.econbiz.de/10014181721
This association study examines whether or not employers are more likely to support immigration than employees, using Round 1 of the European Social Survey. We focus on the labor-market impact of immigration in the host country because it is likely to affect employers and employees differently....
Persistent link: https://www.econbiz.de/10014223449
Unemployment has fallen substantially in virtually all EU8+2 countries since 2004 due to strong growth in labor demand. This labor demand growth has given rise to skill shortages and associated wage pressures, often amplified by out-migration. However, employment/working age population ratios...
Persistent link: https://www.econbiz.de/10014223468
This study has two aims. First, to establish the main features of labor mobility; and second, to analyze the determinants of the main transitions between states of occupation. In order to achieve the first objective, we utilize transition matrices, on the basis of which different indicators are...
Persistent link: https://www.econbiz.de/10014158400