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We analyse the role of educational choice on the degree of occupational segregation in Trinidad and Tobago during a period in which educational policies intent on equating gender opportunities in education were implemented. To this end we utilise waves of the Trinidad and Tobago labour force...
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We show theoretically that when larger firms pay higher wages and are more likely to becaught defaulting on labour taxes, then large high-wage firms will be in the formal sector andsmall low-wage firms will be in the informal sector...
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Evolutionary economists have tended to assess firms and industries separately, neglecting the role of their interaction … in the process of economic growth and development. We trace the separation of firms and industries to Marshall, whose … industries. Penrose avoids the industry concept by focussing on heterogeneous firms, while Young and Steindl develop mundane …
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