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The issue of employer power is underemphasized in the development literature. The default model is usually one of competitive labor markets. This assumption matters for analysis and policy prescription. There is growing evidence that the competitive labor markets assumption is not valid for...
Persistent link: https://www.econbiz.de/10014077482
In this paper we argue that the decline in global inequality over the last decades has spurred a ‘sunshine’ narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due...
Persistent link: https://www.econbiz.de/10013296601
This paper considers and assesses the concept of social externalities through humaninterdependence, in relation to the economic analysis of externalities in the tradition of Pigou andArrow, including the analysis of the commons. It argues that there are limits to economic analysis. Our proposal...
Persistent link: https://www.econbiz.de/10013211226