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Labor Market Dynamics and Development

2020
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Release : 2020
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Book Synopsis Labor Market Dynamics and Development by : Kevin Donovan

Download or read book Labor Market Dynamics and Development written by Kevin Donovan. This book was released on 2020. Available in PDF, EPUB and Kindle. Book excerpt: We build a dataset of harmonized rotating panel labor force surveys covering 42 countries across a wide range of development and document three new empirical findings on labor market dynamics. First, labor market flows (job-finding rates, employment-exit rates, and job-to-job transition rates) are two to three times higher in the poorest as compared with the richest countries. Second, employment hazards in poorer countries decline more sharply with tenure; much of their high turnover can be attributed to high separation rates among workers with low tenure. Third, wage-tenure profiles are much steeper in poorer countries, despite the fact that wage-experience profiles are flatter. We show that these facts are consistent with theories with endogenous separation, particularly job ladder and learning models. We disaggregate our results and investigate possible driving forces that may explain why separation operates differently in rich and poor countries.

Labor Market Dynamics in Developing Countries

2005 Business Cycle
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Release : 2005
Genre : Business Cycle
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Book Synopsis Labor Market Dynamics in Developing Countries by : Mariano Bosch

Download or read book Labor Market Dynamics in Developing Countries written by Mariano Bosch. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The authors study the dynamics of three developing country labor markets using recent advances in the estimation of continuous time Markov processes. They first examine the flows of workers among five states: three types of paid labor, unemployment, and out of the labor force. The authors find a high degree of commonality in patterns of worker flows among the three countries and attempt to compare the flexibility of the markets by examining an index of overall mobility. Second, they seek to establish whether the issues of advanced country labor markets apply to developing country markets or whether the latter constitute a different phylum. Paralleling the mainstream literature on the role of being out of the labor force as discouraged unemployment, the authors then identify some common stylized facts about the role of the informal self-employed and salaried sectors and to what degree they serve as a holding pattern versus a desirable alternative to formal sector work. In the process, the authors identify very strong differences in mobility patterns between men and women and attempt to shed some light on whether these differences arise from discrimination or perhaps instead the constraints imposed by household responsibilities. Finally, they study labor market adjustment across the business cycle in Mexico and identify patterns of job creation and destruction among the three paid sectors and confirm the mainstream view of the role of out of the labor force as a procyclical phenomenon.

Disequilibrium, Growth and Labor Market Dynamics

2000-03-16 Business & Economics
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Release : 2000-03-16
Genre : Business & Economics
Kind : eBook
Book Rating : 090/5 ( reviews)

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Book Synopsis Disequilibrium, Growth and Labor Market Dynamics by : Carl Chiarella

Download or read book Disequilibrium, Growth and Labor Market Dynamics written by Carl Chiarella. This book was released on 2000-03-16. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a review which presents both a basic science and clinical perspective on neuroprotective approaches to acute and chronic neurodegenerative conditions. Experts from both fields review current areas of neuroprotection. The book describes basic science discovery in stroke research and the application of such research within the pharmaceutical industry leading to the development of neuroprotective drugs.

Building America's Skilled Technical Workforce

2017-06-04 Technology & Engineering
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Release : 2017-06-04
Genre : Technology & Engineering
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Book Rating : 068/5 ( reviews)

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Book Synopsis Building America's Skilled Technical Workforce by : National Academies of Sciences, Engineering, and Medicine

Download or read book Building America's Skilled Technical Workforce written by National Academies of Sciences, Engineering, and Medicine. This book was released on 2017-06-04. Available in PDF, EPUB and Kindle. Book excerpt: Skilled technical occupationsâ€"defined as occupations that require a high level of knowledge in a technical domain but do not require a bachelor's degree for entryâ€"are a key component of the U.S. economy. In response to globalization and advances in science and technology, American firms are demanding workers with greater proficiency in literacy and numeracy, as well as strong interpersonal, technical, and problem-solving skills. However, employer surveys and industry and government reports have raised concerns that the nation may not have an adequate supply of skilled technical workers to achieve its competitiveness and economic growth objectives. In response to the broader need for policy information and advice, Building America's Skilled Technical Workforce examines the coverage, effectiveness, flexibility, and coordination of the policies and various programs that prepare Americans for skilled technical jobs. This report provides action-oriented recommendations for improving the American system of technical education, training, and certification.

Structural Change and Dynamics of Labor Markets in Bangladesh

2018-08-29 Business & Economics
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Release : 2018-08-29
Genre : Business & Economics
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Book Rating : 713/5 ( reviews)

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Book Synopsis Structural Change and Dynamics of Labor Markets in Bangladesh by : Selim Raihan

Download or read book Structural Change and Dynamics of Labor Markets in Bangladesh written by Selim Raihan. This book was released on 2018-08-29. Available in PDF, EPUB and Kindle. Book excerpt: Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.

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