Job Creation and Wages in Least Developed Countries
Evidence from Sub-Saharan Africa
Bibliographic Data
| ID | 9714604 |
|---|---|
| Authors | Juan Pablo Rud (0000-0003-0429-6067, Royal Holloway, University of London and Institute for Fiscal Studies, UK, corresponding author), Ija Trapeznikova (0000-0003-1708-4848, Royal Holloway University of London) |
| Year | 2021 |
| Volume | 131 |
| Issue | 635 |
| Pages | 1331-1364 |
| Publication date | 2021-04-09 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (PUBLISHER • GB) |
| DOI | 10.1093/ej/ueaa110 |
| OpenAlex | W3081233481 |
| Language | EN |
| Citations received | 8 |
| References cited | 52 |
Least developed economies are characterized by poorly functioning labour markets: only a small fraction of workers are in paid employment, where productivity and wages are low. We incorporate a standard search framework into a two-sector model of development to assess the importance of different obstacles to job creation and productivity. The model provides new insights into the characterization of poorly developed labour markets that are observed in the data, such as high wage dispersion. We estimate the model using microdata for six countries in sub-Saharan Africa and highlight the empirical relevance of labour-market frictions, entry costs and skills
Economics · Efficiency wage · Empirical evidence · Job creation · Labour economics · Macroeconomics · Microdata (statistics · Population · Productivity · Real wages · Wage · Wage dispersion · Firm Innovation and Growth · Global trade and economics · Labor market dynamics and wage inequality
Stable portfolios, costly churn
Informality in food environments
Measuring Labor Market Power in Developing Countries
Gender and vulnerable employment in the developing world
African youth and unemployment
Declining Search Frictions, Unemployment and Self-Employment
Unemployment and Development
Worker Turnover and Job Reallocation
What Works? A Meta Analysis of Recent Active Labor Market Program Evaluations
Job Creation and Job Destruction in the Theory of Unemployment
Agricultural productivity, comparative advantage, and economic growth
Identifying and Spurring High-Growth Entrepreneurship
Looking into the Black Box
How Do Electricity Shortages Affect Industry? Evidence from India
Entry, Exit, and firm Dynamics in Long Run Equilibrium
The Regulation of Entry
Cross-Country Differences in Productivity
Generating Skilled Self-Employment in Developing Countries
The Agricultural Productivity Gap
The Empirical Content of the Roy Model
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
Misallocation and Manufacturing TFP in China and India
The Place Premium
Economic Development with Unlimited Supplies of Labour
Electricity Cost and Firm Performance
Small Firm Death in Developing Countries
A Model of Growth Through Creative Destruction
The efficiency of human capital allocations in developing countries
Infrastructure regulation and reallocations within industry
Coping with poor public capital
Regulation of entry, labor market institutions and the informal sector
Electricity provision and industrial development
A simple model of inequality, occupational choice, and development
Job search and mobility in developing countries. Theory and policy implications
Occupational Choice and the Process of Development
Screening and Signalling Non-Cognitive Skills
Active Labour Market Policy Evaluations
Public-sector Employment in an Equilibrium Search and Matching Model
Location, Search Costs and Youth Unemployment
The Impact of Vocational Training for the Unemployed
Productivity, Output, and Failure
Polluting Industries and Agricultural Productivity
Informality and Development
The Economic Lives of the Poor
| Unique citing works | 8 |
|---|---|
| Citations per year | 2 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 6 |