Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Keyword
-
- Economics (2)
- Employment (2)
- Administrative Law (1)
- Assets (1)
- Career Guide (1)
-
- Construction (1)
- Crisis (1)
- Development (1)
- Development Finance (1)
- Economic Development (1)
- Fdi (1)
- Fed (1)
- Federal Reserve (1)
- Finance (1)
- Financial Assets (1)
- Financial Crisis (1)
- Financial Regulation (1)
- Financial System (1)
- Golden Shares (1)
- Heterogeneity and Income Distribution (1)
- Infrastructure (1)
- Infrastructure Bank (1)
- Labor Force (1)
- Labor market (1)
- Labour market flexibility (1)
- Labour market structure (1)
- Law (1)
- Law and Economics (1)
- Law and Society (1)
- Legislation (1)
- Publication
- Publication Type
Articles 1 - 5 of 5
Full-Text Articles in Macroeconomics
How Does Labour Market Structure Affect The Response Of Economies To Shocks?, Istvan Konya, Aurelijus Dabusinskas, Stephen Millard
How Does Labour Market Structure Affect The Response Of Economies To Shocks?, Istvan Konya, Aurelijus Dabusinskas, Stephen Millard
Istvan Konya
The recent crisis in the Eurozone has led to much discussion about the structure of labour markets in different Eurozone economies. In particular, there has been much talk of the need for structural labour market reform in the Eurozone periphery. But, there are many aspects of labour market structure – eg, wage flexibility, flexibility in hiring and firing, benefits, etc – and it is not clear a priori which aspects really matter. In this paper, we analyse how cross-country differences in labour market characteristics – in particular, wage and employment rigidities – shape the response of different countries to a …
Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova
Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova
Saule T. Omarova
The recent financial crisis brought into sharp relief fundamental questions about the social function and purpose of the financial system, including its relation to the “real” economy. This Article argues that, to answer these questions, we must recapture a distinctively American view of the proper relations among state, financial market, and development. This programmatic vision – captured in what we call a “developmental finance state” – is based on three key propositions: (1) that economic and social development is not an “end-state” but a continuing national policy priority; (2) that the modalities of finance are the most potent means of …
The Impact Of Foreign Direct Investment On Labor Market Measures: Evidence From Sub-Saharan Africa, David A. Mayom
The Impact Of Foreign Direct Investment On Labor Market Measures: Evidence From Sub-Saharan Africa, David A. Mayom
Master's Theses
There is scant literature examining the relationship between foreign direct investment (FDI) and labor market measures in Sub-Saharan African (SSA) countries. This paper explores the effect of FDI on the labor market measures using panel data of 48 Sub-Saharan African Countries from 1991 to 2009. The result indicates that FDI has a positive and significant effect on employment implying that an increase in the inflow of FDI is associated with higher employment. Thus, Sub-Saharan African governments should strongly consider poverty alleviation and employment policies that encourage and direct FDI to the industries where it can significantly reduce unemployment.
Economic Growth And Wage Stagnation In Peru: 1998-2012, Carlos Urrutia, Peter Paz
Economic Growth And Wage Stagnation In Peru: 1998-2012, Carlos Urrutia, Peter Paz
Carlos Urrutia
In the last two decades, the Peruvian economy exhibited rapid growth. Moreover, the composition of the labor force improved in terms of education and experience, two variables which are typically associated to higher human capital. The average worker in 2012 had a higher level of education and was one and a half years older than in 1998, reflecting the impact of the demographic transition. However, the average real wage was roughly constant. We show that a decline in the wage premium for education, and to a minor extent for experience, is responsible for the lack of growth in the average …
Industry Career Guide: Construction, Ma. Concepcion G. Latoja, Dickson A. Lim
Industry Career Guide: Construction, Ma. Concepcion G. Latoja, Dickson A. Lim
Angelo King Institute for Economic and Business Studies (AKI)
This paper is a career guide on the Philippine construction industry. It provides a general overview into the nature and role of construction in the context of the general macroeconomy, highlights its employment-generating capacity and manpower development prospects, and gives jobseekers and other interested parties a peek into the industry’s likely direction in terms of performance and labor market interface within the next short run cycle.