Showing 1 - 10 of 223
The paper uses micro-level data obtained from surveying informal and formal small textile producers in Bolivia to estimate the economic returns to social capital. Social capital is defined as being linked to other individuals. The paper studies forms of social links that vary with respect to...
Persistent link: https://www.econbiz.de/10005407753
This paper studies the role of income distribution as a determinant of the size of the informal sector in an economy by relying on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm has to become informal. It is further postulated...
Persistent link: https://www.econbiz.de/10005118800
We present a three-sector general equilibrium model with an informal sector, which produces an intermediary for the formal sector, and analyze the effects of different policies on the environmental standard and welfare of the economy. Since the informal manufacturing sector creates pollution,...
Persistent link: https://www.econbiz.de/10005118943
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...
Persistent link: https://www.econbiz.de/10005556770
Due to a tax law implemented in 1998, Dutch employers can claim an extra tax deduction when they train employees aged 40 years or older. This causes a discontinuity in a firm's cost of training an employee. We exploit this discontinuity to identify two effects: the effect of the tax deduction on...
Persistent link: https://www.econbiz.de/10005125714
We examine how much of the observed wage dispersion among similar workers can be explained as a consequence of a lack of coordination among employers. To do this, we construct a directed search model with homogenous workers but where firms can create either good or bad jobs, aimed at either...
Persistent link: https://www.econbiz.de/10005126186
In this paper, we study the return to human capital variables for wages of workers observed in Tunisian matched worker-firm data in 1999. This tells us how returns to human capital in a Less Developed Country like Tunisia differ from the industrial countries usually studied with matched data. We...
Persistent link: https://www.econbiz.de/10005408310
with different match qualities. No search effort by the agent is needed to receive offers. Individual productivity declines … agent. A further complication is due to the unobservability of an agent’s productivity. I find that under an optimal …, agents whose productivity is relatively high tend to have a shorter unemployment duration and a higher productivity growth in …
Persistent link: https://www.econbiz.de/10005408328
. Following the loss of a job and during unemployment, an agent’s productivity declines. Using micro data, I estimate the …
Persistent link: https://www.econbiz.de/10005119102
We examine the response of a sticky-wage economy to various real and nominal shocks. In addition to variations in hours, we allow for an endogenous response in worker effort per hour. Despite wages being predetermined, the labor market clears through the effort margin. We find that the ability...
Persistent link: https://www.econbiz.de/10005561229