The Missing Market for Work Permits

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...

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Bibliographic Details
Main Authors: Lokshin, Michael, Ravallion, Martin
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
WORK PERMIT
RIGHT-TO-WORK
INTERNATIONAL MIGRATION
UNIVERSAL BASIC INCOME
SOCIAL PROTECTION
LABOR MARKET
EMPLOYMENT
Online Access:http://documents.worldbank.org/curated/en/382301568302053377/The-Missing-Market-for-Work-Permits
http://hdl.handle.net/10986/32379
id okr-10986-32379
recordtype oai_dc
spelling okr-10986-323792022-09-19T12:17:11Z The Missing Market for Work Permits Lokshin, Michael Ravallion, Martin WORK PERMIT RIGHT-TO-WORK INTERNATIONAL MIGRATION UNIVERSAL BASIC INCOME SOCIAL PROTECTION LABOR MARKET EMPLOYMENT 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. 2019-09-12T16:58:24Z 2019-09-12T16:58:24Z 2019-09 Working Paper http://documents.worldbank.org/curated/en/382301568302053377/The-Missing-Market-for-Work-Permits http://hdl.handle.net/10986/32379 English Policy Research Working Paper;No. 9005 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic WORK PERMIT
RIGHT-TO-WORK
INTERNATIONAL MIGRATION
UNIVERSAL BASIC INCOME
SOCIAL PROTECTION
LABOR MARKET
EMPLOYMENT
spellingShingle WORK PERMIT
RIGHT-TO-WORK
INTERNATIONAL MIGRATION
UNIVERSAL BASIC INCOME
SOCIAL PROTECTION
LABOR MARKET
EMPLOYMENT
Lokshin, Michael
Ravallion, Martin
The Missing Market for Work Permits
relation Policy Research Working Paper;No. 9005
description 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.
format Working Paper
author Lokshin, Michael
Ravallion, Martin
author_facet Lokshin, Michael
Ravallion, Martin
author_sort Lokshin, Michael
title The Missing Market for Work Permits
title_short The Missing Market for Work Permits
title_full The Missing Market for Work Permits
title_fullStr The Missing Market for Work Permits
title_full_unstemmed The Missing Market for Work Permits
title_sort missing market for work permits
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/382301568302053377/The-Missing-Market-for-Work-Permits
http://hdl.handle.net/10986/32379
_version_ 1764476423102267392

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