This issue of the International Journal of Labour Research is wholly dedicated to the question of the minimum wage, a matter that has gained in importance and profile in recent years. No doubt, the main reasons behind this rise in prominence relate to the stagnation of wages in several parts of...

The report highlights the complexity of the phenomenon of the emerging markets and analyses separately three groups of them: advanced, intermediary and early stage. Further economic growth is imperative for all three groups, as the solid basis for the social development. The report outlines four...

"This book attempts to answer significant questions such as: what is China's "developing" political economy, what are the major principles of socialist political economy with Chinese characteristics, and how to achieve economic development. From "new normal" and "new development concept" to...

Monopsonistic labor markets create misallocation of labor while generating profits. These in turn incentivize firms to innovate, which drives aggregate growth. This paper explores the trade-off between static efficiency and growth by developing a tractable endogenous growth model with...

This chapter considers the lag structures of dynamic models in economics, arguing that the standard approach is too simple to capture the complexity of actual lag structures arising, for example, from production and investment decisions. It is argued that recent (1990s) developments in the the...

This chapter investigates the determinants of the growth performance of Africa. I start by illustrating a broader research agenda that accounts not only for basic economic and demographic factors but also for the role of history and institutional development. After reporting results from...