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This paper discusses theoretical aspects and evidences related to designing labor market institutions in emerging market and developing economies. This note reviews the state of theory and evidence on the design of labor market institutions in a developing economy context and then reviews its...
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The effect of minimum wages on employment is a matter of debate, and the existing empirical literature contains mixed results. One reason for this is the methodological difficulties involved where changes in minimum wages are endogenous to other important economic changes. To overcome this...
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I provide an analysis of the effects of minimum wages in developing countries using the enforcement of the law as a plausible explanation of the heterogeneous effects on employment across these countries. I construct a reliable indicator for the degree of enforcement by reading and organizing...
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Mainstream academia’s and neoliberal economists’ failure to exhaustively explain the roots of the 2008 crisis and point a way towards how the world can fully recover from it, made radical theories of poverty and income inequality more popular and relevant as ever. Official World Bank...
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