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This paper presents a selective overview of the literature on modeling labor market policies in developing countries. It considers welfare economics, theoretical models, and empirical evidence to highlight the three general features needed in future research on labor market policy in developing...
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Of the world’s 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars per person per day and another 1.7 billion lived on between $1.25 and $2.50 PPP dollars (Chen and Ravallion, 2012). The scourge of absolute economic misery among billions of the...
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A key way for the world's poor - nearly half of humanity - to escape poverty is to earn more for their labor. Most of the world's poor people are self-employed, but because there are few opportunities in most developing countries for them to earn enough to escape poverty, they are working hard...
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1 Previous Literature, New Findings (Gary Fields and Saumik Paul) -- Part I Conceptual Issues -- 2 Does the Exposure to Routinization Explain the Evolution of the Labor Share of Income? Evidence from Asia (Mitali Das) -- 3 The Labor Share of Income Around the World: Evidence from a Panel Dataset...
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