The Missing Market for Work Permits
Citizens have a right to accept any job offer in their country, but that right is not marketable or automatically extended to foreigners. Yet, some citizens have useful things to do if they could rent out their right-to-work, and there are foreigne...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/382301568302053377/The-Missing-Market-for-Work-Permits http://hdl.handle.net/10986/32379 |
| Summary: | Citizens have a right to accept any job
offer in their country, but that right is not marketable or
automatically extended to foreigners. Yet, some citizens
have useful things to do if they could rent out their
right-to-work, and there are foreigners who would value the
new options for employment. Thus, there is a missing market.
A solution is to allow people to rent out their
right-to-work for a period of their choice. On the other
side of the market, foreigners could purchase time-bound
work permits. The market would no longer be missing. This
paper formulates and studies this policy proposal. |
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