Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future

This paper presents a selective overview of the literature on modeling labor market policies in developing countries. It considers welfare economics, theoretical models, and empirical evidence to highlight the three general features needed in futur...

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Main Author: Fields, Gary S.
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/09/8340426/labor-market-policy-developing-countries-selective-review-literature-needs-future
http://hdl.handle.net/10986/7364
id okr-10986-7364
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABSENTEEISM
ACTIVE LABOR
ACTIVE LABOR MARKET
ACTIVE LABOR MARKET POLICIES
ACTIVE LABOR MARKET POLICY
AMOUNT OF INCOME
AVERAGE EARNINGS
AVERAGE RATES OF RETURN
AVERAGE WAGE
CALCULATION
CALCULATIONS
CAPITAL MARKET
CAPITAL MARKETS
CHILD LABOR
CLASSROOM TRAINING
COLLECTIVE BARGAINING
COMPETITIVE MODEL
CONTRIBUTIONS
CORE LABOR STANDARDS
COST OF LIVING
CURRENCY
DAILY WAGE
DAY LABORERS
DEMAND CURVE
DEVELOPMENT BANK
DEVELOPMENT ECONOMICS
DEVELOPMENT INSTITUTIONS
DISCOUNT RATE
DISGUISED UNEMPLOYMENT
EARNING
EARNINGS
EARNINGS INEQUALITY
EARNINGS LOSSES
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MOBILITY
EDUCATION PROGRAMS
EFFICIENCY WAGE MODELS
EFFICIENCY WAGE THEORY
EMPLOYMENT
EMPLOYMENT EFFECT
EMPLOYMENT PROTECTION LEGISLATION
EMPLOYMENT SECURITY
EMPLOYMENT SERVICE
EMPLOYMENT STATUS
ENTRY POINT
EQUILIBRIUM LABOR MARKET OUTCOMES
EXPECTED WAGE
FAMILY MEMBERS
FINANCIAL SUPPORT
FORMAL SECTOR WORKERS
FUTURE LABOR
HEALTH INSURANCE
HIGH WAGE
HIGH WAGES
HOUSEHOLD CONSUMPTION
HOUSEHOLD INCOME
HUMAN CAPITAL
HUMAN RESOURCE
IMPERFECT INFORMATION
INCOME DISTRIBUTION
INCOME INEQUALITY
INCOME LEVEL
INCOME SUPPORT
INCOMES
INDIVIDUAL ACCOUNTS
INDUSTRIAL RELATIONS
INDUSTRIAL RELATIONS SYSTEMS
INFORMAL ECONOMY
INFORMAL EMPLOYMENT
INFORMAL SECTOR
INITIAL CAPITAL
INVESTMENT CLIMATE
INVESTMENT POLICIES
JOB CREATION
JOB LOSS
JOB PERFORMANCE
JOB SEARCH
JOB TRAINING
JOBS
LABOR DEMAND
LABOR ECONOMICS
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR MARKET
LABOR MARKET CONDITIONS
LABOR MARKET DISCRIMINATION
LABOR MARKET INFORMATION
LABOR MARKET INFORMATION SYSTEMS
LABOR MARKET INTERVENTIONS
LABOR MARKET ISSUES
LABOR MARKET POLICIES
LABOR MARKET POLICY
LABOR MARKET PROGRAMS
LABOR MARKET REGULATION
LABOR MARKET SEGMENTATION
LABOR MARKETS
LABOR POOL
LABOR REGULATIONS
LABOR SUPPLY
LABOR TURNOVER
LABOUR
LACK OF INFORMATION
LARGE FIRMS
LIFELONG LEARNING
LIFETIME
LIFETIME EARNINGS
LOW EARNINGS
LOW INCOME
LOW UNEMPLOYMENT
LOW-INCOME
MACROECONOMIC STABILITY
MANPOWER
MANPOWER PLANNING
MARKET ANALYSIS
MARKET RESEARCH
MARKET RETURNS
MARKET SECTOR
MARKET SEGMENT
MARKET SEGMENTS
MARKET THEORY
MARKET WAGE
MARKET WAGES
MINIMUM WAGE
MINIMUM WAGES
MORTALITY
NEOCLASSICAL ECONOMICS
NON-FARM EMPLOYMENT
NON-WAGE COSTS
OCCUPATION
OCCUPATIONS
ON-THE-JOB TRAINING
OPPORTUNITY COSTS
PAYROLL TAXES
PENSION
PENSION BENEFITS
PENSION POLICY
PENSIONS
PRESENT VALUE
PRIVATE COSTS
PRIVATE SECTOR
PRIVATE SECTOR FIRM
PROBABILITY
PRODUCTIVITY
PRODUCTIVITY GAINS
PROSPERITY
PUBLIC ECONOMICS
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC SECTOR EMPLOYMENT
PUBLIC SECTOR JOBS
RATE OF RETURN
RATES OF RETURN
REAL WAGE
REAL WAGES
REPLACEMENT RATE
RETRENCHED WORKERS
RURAL POVERTY
SAFETY
SAFETY NET
SALARIED EMPLOYMENT
SALARIED WORKERS
SAVINGS
SAVINGS ACCOUNTS
SELF-EMPLOYMENT
SEVERANCE PAYMENTS
SOCIAL BENEFITS
SOCIAL COSTS
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL WELFARE
SOUND LABOR MARKET POLICY
STANDARD OF LIVING
SUBSTITUTION
SUPPLY CURVE
SUPPLY CURVES
TEMPORARY EMPLOYMENT
TOTAL COSTS
TOTAL WAGE
TRADE UNION
TRADE UNIONS
TRAINING COURSES
TRAINING POLICIES
TRAINING PROGRAM
UNEMPLOYED
UNEMPLOYED INDIVIDUALS
UNEMPLOYMENT
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT INSURANCE
UNEMPLOYMENT INSURANCE BENEFITS
UNEMPLOYMENT RATE
UNION MEMBERSHIP
UNION WAGE PREMIUM
UNPAID FAMILY WORKERS
UNSKILLED JOBS
URBAN EMPLOYMENT
URBAN UNEMPLOYMENT
VALUABLE
WAGE BILL
WAGE DETERMINATION
WAGE DIFFERENTIAL
WAGE DIFFERENTIALS
WAGE DISTRIBUTION
WAGE EMPLOYMENT
WAGE EQUALIZATION
WAGE GAP
WAGE INEQUALITY
WAGE LEVEL
WAGE LEVELS
WAGE POLICY
WAGE SECTOR
WORKER
WORKERS
WORKING CONDITIONS
WORLD MARKETS
WORTH
YOUNG ADULTS
spellingShingle ABSENTEEISM
ACTIVE LABOR
ACTIVE LABOR MARKET
ACTIVE LABOR MARKET POLICIES
ACTIVE LABOR MARKET POLICY
AMOUNT OF INCOME
AVERAGE EARNINGS
AVERAGE RATES OF RETURN
AVERAGE WAGE
CALCULATION
CALCULATIONS
CAPITAL MARKET
CAPITAL MARKETS
CHILD LABOR
CLASSROOM TRAINING
COLLECTIVE BARGAINING
COMPETITIVE MODEL
CONTRIBUTIONS
CORE LABOR STANDARDS
COST OF LIVING
CURRENCY
DAILY WAGE
DAY LABORERS
DEMAND CURVE
DEVELOPMENT BANK
DEVELOPMENT ECONOMICS
DEVELOPMENT INSTITUTIONS
DISCOUNT RATE
DISGUISED UNEMPLOYMENT
EARNING
EARNINGS
EARNINGS INEQUALITY
EARNINGS LOSSES
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC MOBILITY
EDUCATION PROGRAMS
EFFICIENCY WAGE MODELS
EFFICIENCY WAGE THEORY
EMPLOYMENT
EMPLOYMENT EFFECT
EMPLOYMENT PROTECTION LEGISLATION
EMPLOYMENT SECURITY
EMPLOYMENT SERVICE
EMPLOYMENT STATUS
ENTRY POINT
EQUILIBRIUM LABOR MARKET OUTCOMES
EXPECTED WAGE
FAMILY MEMBERS
FINANCIAL SUPPORT
FORMAL SECTOR WORKERS
FUTURE LABOR
HEALTH INSURANCE
HIGH WAGE
HIGH WAGES
HOUSEHOLD CONSUMPTION
HOUSEHOLD INCOME
HUMAN CAPITAL
HUMAN RESOURCE
IMPERFECT INFORMATION
INCOME DISTRIBUTION
INCOME INEQUALITY
INCOME LEVEL
INCOME SUPPORT
INCOMES
INDIVIDUAL ACCOUNTS
INDUSTRIAL RELATIONS
INDUSTRIAL RELATIONS SYSTEMS
INFORMAL ECONOMY
INFORMAL EMPLOYMENT
INFORMAL SECTOR
INITIAL CAPITAL
INVESTMENT CLIMATE
INVESTMENT POLICIES
JOB CREATION
JOB LOSS
JOB PERFORMANCE
JOB SEARCH
JOB TRAINING
JOBS
LABOR DEMAND
LABOR ECONOMICS
LABOR FORCE
LABOR FORCE PARTICIPATION
LABOR MARKET
LABOR MARKET CONDITIONS
LABOR MARKET DISCRIMINATION
LABOR MARKET INFORMATION
LABOR MARKET INFORMATION SYSTEMS
LABOR MARKET INTERVENTIONS
LABOR MARKET ISSUES
LABOR MARKET POLICIES
LABOR MARKET POLICY
LABOR MARKET PROGRAMS
LABOR MARKET REGULATION
LABOR MARKET SEGMENTATION
LABOR MARKETS
LABOR POOL
LABOR REGULATIONS
LABOR SUPPLY
LABOR TURNOVER
LABOUR
LACK OF INFORMATION
LARGE FIRMS
LIFELONG LEARNING
LIFETIME
LIFETIME EARNINGS
LOW EARNINGS
LOW INCOME
LOW UNEMPLOYMENT
LOW-INCOME
MACROECONOMIC STABILITY
MANPOWER
MANPOWER PLANNING
MARKET ANALYSIS
MARKET RESEARCH
MARKET RETURNS
MARKET SECTOR
MARKET SEGMENT
MARKET SEGMENTS
MARKET THEORY
MARKET WAGE
MARKET WAGES
MINIMUM WAGE
MINIMUM WAGES
MORTALITY
NEOCLASSICAL ECONOMICS
NON-FARM EMPLOYMENT
NON-WAGE COSTS
OCCUPATION
OCCUPATIONS
ON-THE-JOB TRAINING
OPPORTUNITY COSTS
PAYROLL TAXES
PENSION
PENSION BENEFITS
PENSION POLICY
PENSIONS
PRESENT VALUE
PRIVATE COSTS
PRIVATE SECTOR
PRIVATE SECTOR FIRM
PROBABILITY
PRODUCTIVITY
PRODUCTIVITY GAINS
PROSPERITY
PUBLIC ECONOMICS
PUBLIC EXPENDITURE
PUBLIC EXPENDITURES
PUBLIC SECTOR EMPLOYMENT
PUBLIC SECTOR JOBS
RATE OF RETURN
RATES OF RETURN
REAL WAGE
REAL WAGES
REPLACEMENT RATE
RETRENCHED WORKERS
RURAL POVERTY
SAFETY
SAFETY NET
SALARIED EMPLOYMENT
SALARIED WORKERS
SAVINGS
SAVINGS ACCOUNTS
SELF-EMPLOYMENT
SEVERANCE PAYMENTS
SOCIAL BENEFITS
SOCIAL COSTS
SOCIAL PROTECTION
SOCIAL SECURITY
SOCIAL WELFARE
SOUND LABOR MARKET POLICY
STANDARD OF LIVING
SUBSTITUTION
SUPPLY CURVE
SUPPLY CURVES
TEMPORARY EMPLOYMENT
TOTAL COSTS
TOTAL WAGE
TRADE UNION
TRADE UNIONS
TRAINING COURSES
TRAINING POLICIES
TRAINING PROGRAM
UNEMPLOYED
UNEMPLOYED INDIVIDUALS
UNEMPLOYMENT
UNEMPLOYMENT BENEFITS
UNEMPLOYMENT INSURANCE
UNEMPLOYMENT INSURANCE BENEFITS
UNEMPLOYMENT RATE
UNION MEMBERSHIP
UNION WAGE PREMIUM
UNPAID FAMILY WORKERS
UNSKILLED JOBS
URBAN EMPLOYMENT
URBAN UNEMPLOYMENT
VALUABLE
WAGE BILL
WAGE DETERMINATION
WAGE DIFFERENTIAL
WAGE DIFFERENTIALS
WAGE DISTRIBUTION
WAGE EMPLOYMENT
WAGE EQUALIZATION
WAGE GAP
WAGE INEQUALITY
WAGE LEVEL
WAGE LEVELS
WAGE POLICY
WAGE SECTOR
WORKER
WORKERS
WORKING CONDITIONS
WORLD MARKETS
WORTH
YOUNG ADULTS
Fields, Gary S.
Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future
relation Policy Research Working Paper; No. 4362
description This paper presents a selective overview of the literature on modeling labor market policies in developing countries. It considers welfare economics, theoretical models, and empirical evidence to highlight the three general features needed in future research on labor market policy in developing countries. The author identifies desirable research components (welfare economics, theoretical modeling, and empirical modeling) and pitfalls in the literature (inappropriate use of productivity, reliance on wrong kinds of empirical studies, lack of cost-benefit analysis, attention to only a subset of the goods and bads, and fallacy of composition). The paper concludes with suggested topics and methods for future research. The author states that sound labor market policy requires sound labor market models. The paper makes a case for developing policy based on explicit evaluation criteria, specific theoretical models, and comprehensive empirical evidence.
format Publications & Research :: Policy Research Working Paper
author Fields, Gary S.
author_facet Fields, Gary S.
author_sort Fields, Gary S.
title Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future
title_short Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future
title_full Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future
title_fullStr Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future
title_full_unstemmed Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future
title_sort labor market policy in developing countries : a selective review of the literature and needs for the future
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/09/8340426/labor-market-policy-developing-countries-selective-review-literature-needs-future
http://hdl.handle.net/10986/7364
_version_ 1764402418801442816
spelling okr-10986-73642021-04-23T14:02:34Z Labor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future Fields, Gary S. ABSENTEEISM ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET POLICY AMOUNT OF INCOME AVERAGE EARNINGS AVERAGE RATES OF RETURN AVERAGE WAGE CALCULATION CALCULATIONS CAPITAL MARKET CAPITAL MARKETS CHILD LABOR CLASSROOM TRAINING COLLECTIVE BARGAINING COMPETITIVE MODEL CONTRIBUTIONS CORE LABOR STANDARDS COST OF LIVING CURRENCY DAILY WAGE DAY LABORERS DEMAND CURVE DEVELOPMENT BANK DEVELOPMENT ECONOMICS DEVELOPMENT INSTITUTIONS DISCOUNT RATE DISGUISED UNEMPLOYMENT EARNING EARNINGS EARNINGS INEQUALITY EARNINGS LOSSES ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC MOBILITY EDUCATION PROGRAMS EFFICIENCY WAGE MODELS EFFICIENCY WAGE THEORY EMPLOYMENT EMPLOYMENT EFFECT EMPLOYMENT PROTECTION LEGISLATION EMPLOYMENT SECURITY EMPLOYMENT SERVICE EMPLOYMENT STATUS ENTRY POINT EQUILIBRIUM LABOR MARKET OUTCOMES EXPECTED WAGE FAMILY MEMBERS FINANCIAL SUPPORT FORMAL SECTOR WORKERS FUTURE LABOR HEALTH INSURANCE HIGH WAGE HIGH WAGES HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME HUMAN CAPITAL HUMAN RESOURCE IMPERFECT INFORMATION INCOME DISTRIBUTION INCOME INEQUALITY INCOME LEVEL INCOME SUPPORT INCOMES INDIVIDUAL ACCOUNTS INDUSTRIAL RELATIONS INDUSTRIAL RELATIONS SYSTEMS INFORMAL ECONOMY INFORMAL EMPLOYMENT INFORMAL SECTOR INITIAL CAPITAL INVESTMENT CLIMATE INVESTMENT POLICIES JOB CREATION JOB LOSS JOB PERFORMANCE JOB SEARCH JOB TRAINING JOBS LABOR DEMAND LABOR ECONOMICS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOR MARKET CONDITIONS LABOR MARKET DISCRIMINATION LABOR MARKET INFORMATION LABOR MARKET INFORMATION SYSTEMS LABOR MARKET INTERVENTIONS LABOR MARKET ISSUES LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKET PROGRAMS LABOR MARKET REGULATION LABOR MARKET SEGMENTATION LABOR MARKETS LABOR POOL LABOR REGULATIONS LABOR SUPPLY LABOR TURNOVER LABOUR LACK OF INFORMATION LARGE FIRMS LIFELONG LEARNING LIFETIME LIFETIME EARNINGS LOW EARNINGS LOW INCOME LOW UNEMPLOYMENT LOW-INCOME MACROECONOMIC STABILITY MANPOWER MANPOWER PLANNING MARKET ANALYSIS MARKET RESEARCH MARKET RETURNS MARKET SECTOR MARKET SEGMENT MARKET SEGMENTS MARKET THEORY MARKET WAGE MARKET WAGES MINIMUM WAGE MINIMUM WAGES MORTALITY NEOCLASSICAL ECONOMICS NON-FARM EMPLOYMENT NON-WAGE COSTS OCCUPATION OCCUPATIONS ON-THE-JOB TRAINING OPPORTUNITY COSTS PAYROLL TAXES PENSION PENSION BENEFITS PENSION POLICY PENSIONS PRESENT VALUE PRIVATE COSTS PRIVATE SECTOR PRIVATE SECTOR FIRM PROBABILITY PRODUCTIVITY PRODUCTIVITY GAINS PROSPERITY PUBLIC ECONOMICS PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC SECTOR EMPLOYMENT PUBLIC SECTOR JOBS RATE OF RETURN RATES OF RETURN REAL WAGE REAL WAGES REPLACEMENT RATE RETRENCHED WORKERS RURAL POVERTY SAFETY SAFETY NET SALARIED EMPLOYMENT SALARIED WORKERS SAVINGS SAVINGS ACCOUNTS SELF-EMPLOYMENT SEVERANCE PAYMENTS SOCIAL BENEFITS SOCIAL COSTS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL WELFARE SOUND LABOR MARKET POLICY STANDARD OF LIVING SUBSTITUTION SUPPLY CURVE SUPPLY CURVES TEMPORARY EMPLOYMENT TOTAL COSTS TOTAL WAGE TRADE UNION TRADE UNIONS TRAINING COURSES TRAINING POLICIES TRAINING PROGRAM UNEMPLOYED UNEMPLOYED INDIVIDUALS UNEMPLOYMENT UNEMPLOYMENT BENEFITS UNEMPLOYMENT INSURANCE UNEMPLOYMENT INSURANCE BENEFITS UNEMPLOYMENT RATE UNION MEMBERSHIP UNION WAGE PREMIUM UNPAID FAMILY WORKERS UNSKILLED JOBS URBAN EMPLOYMENT URBAN UNEMPLOYMENT VALUABLE WAGE BILL WAGE DETERMINATION WAGE DIFFERENTIAL WAGE DIFFERENTIALS WAGE DISTRIBUTION WAGE EMPLOYMENT WAGE EQUALIZATION WAGE GAP WAGE INEQUALITY WAGE LEVEL WAGE LEVELS WAGE POLICY WAGE SECTOR WORKER WORKERS WORKING CONDITIONS WORLD MARKETS WORTH YOUNG ADULTS This paper presents a selective overview of the literature on modeling labor market policies in developing countries. It considers welfare economics, theoretical models, and empirical evidence to highlight the three general features needed in future research on labor market policy in developing countries. The author identifies desirable research components (welfare economics, theoretical modeling, and empirical modeling) and pitfalls in the literature (inappropriate use of productivity, reliance on wrong kinds of empirical studies, lack of cost-benefit analysis, attention to only a subset of the goods and bads, and fallacy of composition). The paper concludes with suggested topics and methods for future research. The author states that sound labor market policy requires sound labor market models. The paper makes a case for developing policy based on explicit evaluation criteria, specific theoretical models, and comprehensive empirical evidence. 2012-06-06T22:00:39Z 2012-06-06T22:00:39Z 2007-09 http://documents.worldbank.org/curated/en/2007/09/8340426/labor-market-policy-developing-countries-selective-review-literature-needs-future http://hdl.handle.net/10986/7364 English Policy Research Working Paper; No. 4362 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research