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Education, lack of complementary investment and underemployment in an open economy
Marjit, Sugata; Ahuja, Rashmi; Pandey, Abhilasha - 2021
In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and also how skill formation or education affects...
Persistent link: https://www.econbiz.de/10012612938
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Productivity and organization in Portuguese firms
Caliendo, Lorenzo; Mion, Giordano; Opromolla, Luca David; … - 2015
The productivity of firms is, at least partly, determined by a firm's actions and decisions. One of these decisions … endogenous response of revenue-based and quantity-based productivity to a change in layers: a firm reorganization. We show that … as a result of an exogenous demand or productivity shock that makes the firm reorganize and add a management layer …
Persistent link: https://www.econbiz.de/10011406796
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Firm response to competitive shocks : evidence from China's minimum wage policy
Hau, Harald; Huang, Yi; Wang, Gewei - 2017
factor productivity growth-particularly among the less productive firms under private Chinese or foreign ownership, but not …
Persistent link: https://www.econbiz.de/10011718640
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Health dynamics shape life-cycle incomes
Kotschy, Rainer - 2019
This paper empirically investigates the long-run effects of major health improvements on income growth in the United States. To isolate exogenous changes in health, the econometric model uses quasi-experimental variation in cardiovascular disease mortality across states over time. The results...
Persistent link: https://www.econbiz.de/10012124859
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Product quality, informality, and child labour
Fotoniata, Eugenia; Moutos, Thomas - 2011
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10009240781
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Do public sector employment reductions promote informality?
Adam, Antonis; Moutos, Thomas - 2023
Using information from all IMF conditionality programs from 1990 to 2018, we implement a dynamic Augmented Inverse Probability Weighting Regression Adjustment approach to examine the effects of programs, including public sector dismissals, on the size of the shadow economy. The estimated effect...
Persistent link: https://www.econbiz.de/10014332129
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The impact of inequality on the informal economy in Latin America and the Caribbean with a MIMIC model
Takanohashi, Marcos; Ribeiro, Marcel; Schneider, Friedrich - 2023
productivity are introduced on top of traditional variables. Modelling results on IE estimates for LAC countries that are at par …
Persistent link: https://www.econbiz.de/10014285538
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Employee referral, social proximity and worker discipline : theory and evidence from India
Dhillon, Amrita; Iversen, Vegard; Torsvik, Gaute - 2013
We study an important mechanism underlying employee referrals into informal low skilled jobs in developing countries. Employers can exploit social preferences between employee referees and potential workers to improve discipline. The profitability of using referrals increases with referee stakes...
Persistent link: https://www.econbiz.de/10009765001
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Entrepreneurship, institutions and skills in low-income countries
Brixiova, Zuzana; Égert, Balázs - 2017
as well as skill gaps where one of the equilibrium outcomes is a low-productivity trap. The paper tests the implications … escape a low-productivity trap, policymakers should thus create a pro-business framework and a wellfunctioning education …
Persistent link: https://www.econbiz.de/10011646808
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Microentrepreneurship in developing countries
Jayachandran, Seema - 2020
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in low-income countries. Major themes in the literature include the determinants and consequences of joining the formal sector; the impacts of access to credit and other financial...
Persistent link: https://www.econbiz.de/10012162647