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three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit … an iconic paradox in a class of multi‐sector labor market models in which the creation of high‐wage employment … in two distinct inverted U‐shaped relationships between unemployment and high‐wage employment, one for youth and a …
Persistent link: https://www.econbiz.de/10012988462
three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit … an iconic paradox in a class of multi‐sector labor market models in which the creation of high‐wage employment … in two distinct inverted U‐shaped relationships between unemployment and high‐wage employment, one for youth and a …
Persistent link: https://www.econbiz.de/10012989832
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The informality discourse is large and vibrant, and is expanding rapidly. But there is a certain conceptual incoherence to the literature. New definitions of informality compete with old definitions leading to a plethora of alternative conceptualisations. While some individual studies may apply...
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We show how an apparently welfare improving phenomenon like an increase in the wage of the male member of a family can result in a seemingly paradoxical result where the entire family is worse off. There is male and female specialization in activities such that the female member is involved in a...
Persistent link: https://www.econbiz.de/10012716237
C21, J23, J30, J31, J38. </AbstractSection> Copyright Bhorat et al.; licensee Springer. 2013
Persistent link: https://www.econbiz.de/10011001814
Textbook analysis tells us that in a competitive labor market, the introduction of a minimum wage above the competitive equilibrium wage will cause unemployment. This paper makes two contributions to the basic theory of the minimum wage. First, we analyze the effects of a higher minimum wage in...
Persistent link: https://www.econbiz.de/10005528142