Showing 1 - 2 of 2
This paper uses efficiency wage theory and the existence of community-based sharing to hypothesize that labor markets in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with different levels of wages. The model is meant for...
Persistent link: https://www.econbiz.de/10003661551
child labor. A unique data set from India that has child labor hours information confirms this hypothesis. It is shown that …
Persistent link: https://www.econbiz.de/10003580832