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

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dc.creatorFields, Gary S.
dc.date2012-06-06T22:00:39Z
dc.date2012-06-06T22:00:39Z
dc.date2007-09
dc.date.accessioned2026-07-01T01:24:38Z
dc.descriptionThis 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.
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dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2007/09/8340426/labor-market-policy-developing-countries-selective-review-literature-needs-future
dc.identifierhttps://hdl.handle.net/10986/7364
dc.identifierhttps://doi.org/10.1596/1813-9450-4362
dc.identifier.urihttp://hdl.handle.net/123456789/417837
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 4362
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectABSENTEEISM
dc.subjectACTIVE LABOR
dc.subjectACTIVE LABOR MARKET
dc.subjectACTIVE LABOR MARKET POLICIES
dc.subjectACTIVE LABOR MARKET POLICY
dc.subjectAMOUNT OF INCOME
dc.subjectAVERAGE EARNINGS
dc.subjectAVERAGE RATES OF RETURN
dc.subjectAVERAGE WAGE
dc.subjectCALCULATION
dc.subjectCALCULATIONS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCHILD LABOR
dc.subjectCLASSROOM TRAINING
dc.subjectCOLLECTIVE BARGAINING
dc.subjectCOMPETITIVE MODEL
dc.subjectCONTRIBUTIONS
dc.subjectCORE LABOR STANDARDS
dc.subjectCOST OF LIVING
dc.subjectCURRENCY
dc.subjectDAILY WAGE
dc.subjectDAY LABORERS
dc.subjectDEMAND CURVE
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT INSTITUTIONS
dc.subjectDISCOUNT RATE
dc.subjectDISGUISED UNEMPLOYMENT
dc.subjectEARNING
dc.subjectEARNINGS
dc.subjectEARNINGS INEQUALITY
dc.subjectEARNINGS LOSSES
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC MOBILITY
dc.subjectEDUCATION PROGRAMS
dc.subjectEFFICIENCY WAGE MODELS
dc.subjectEFFICIENCY WAGE THEORY
dc.subjectEMPLOYMENT
dc.subjectEMPLOYMENT EFFECT
dc.subjectEMPLOYMENT PROTECTION LEGISLATION
dc.subjectEMPLOYMENT SECURITY
dc.subjectEMPLOYMENT SERVICE
dc.subjectEMPLOYMENT STATUS
dc.subjectENTRY POINT
dc.subjectEQUILIBRIUM LABOR MARKET OUTCOMES
dc.subjectEXPECTED WAGE
dc.subjectFAMILY MEMBERS
dc.subjectFINANCIAL SUPPORT
dc.subjectFORMAL SECTOR WORKERS
dc.subjectFUTURE LABOR
dc.subjectHEALTH INSURANCE
dc.subjectHIGH WAGE
dc.subjectHIGH WAGES
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHOUSEHOLD INCOME
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN RESOURCE
dc.subjectIMPERFECT INFORMATION
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME INEQUALITY
dc.subjectINCOME LEVEL
dc.subjectINCOME SUPPORT
dc.subjectINCOMES
dc.subjectINDIVIDUAL ACCOUNTS
dc.subjectINDUSTRIAL RELATIONS
dc.subjectINDUSTRIAL RELATIONS SYSTEMS
dc.subjectINFORMAL ECONOMY
dc.subjectINFORMAL EMPLOYMENT
dc.subjectINFORMAL SECTOR
dc.subjectINITIAL CAPITAL
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT POLICIES
dc.subjectJOB CREATION
dc.subjectJOB LOSS
dc.subjectJOB PERFORMANCE
dc.subjectJOB SEARCH
dc.subjectJOB TRAINING
dc.subjectJOBS
dc.subjectLABOR DEMAND
dc.subjectLABOR ECONOMICS
dc.subjectLABOR FORCE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET CONDITIONS
dc.subjectLABOR MARKET DISCRIMINATION
dc.subjectLABOR MARKET INFORMATION
dc.subjectLABOR MARKET INFORMATION SYSTEMS
dc.subjectLABOR MARKET INTERVENTIONS
dc.subjectLABOR MARKET ISSUES
dc.subjectLABOR MARKET POLICIES
dc.subjectLABOR MARKET POLICY
dc.subjectLABOR MARKET PROGRAMS
dc.subjectLABOR MARKET REGULATION
dc.subjectLABOR MARKET SEGMENTATION
dc.subjectLABOR MARKETS
dc.subjectLABOR POOL
dc.subjectLABOR REGULATIONS
dc.subjectLABOR SUPPLY
dc.subjectLABOR TURNOVER
dc.subjectLABOUR
dc.subjectLACK OF INFORMATION
dc.subjectLARGE FIRMS
dc.subjectLIFELONG LEARNING
dc.subjectLIFETIME
dc.subjectLIFETIME EARNINGS
dc.subjectLOW EARNINGS
dc.subjectLOW INCOME
dc.subjectLOW UNEMPLOYMENT
dc.subjectLOW-INCOME
dc.subjectMACROECONOMIC STABILITY
dc.subjectMANPOWER
dc.subjectMANPOWER PLANNING
dc.subjectMARKET ANALYSIS
dc.subjectMARKET RESEARCH
dc.subjectMARKET RETURNS
dc.subjectMARKET SECTOR
dc.subjectMARKET SEGMENT
dc.subjectMARKET SEGMENTS
dc.subjectMARKET THEORY
dc.subjectMARKET WAGE
dc.subjectMARKET WAGES
dc.subjectMINIMUM WAGE
dc.subjectMINIMUM WAGES
dc.subjectMORTALITY
dc.subjectNEOCLASSICAL ECONOMICS
dc.subjectNON-FARM EMPLOYMENT
dc.subjectNON-WAGE COSTS
dc.subjectOCCUPATION
dc.subjectOCCUPATIONS
dc.subjectON-THE-JOB TRAINING
dc.subjectOPPORTUNITY COSTS
dc.subjectPAYROLL TAXES
dc.subjectPENSION
dc.subjectPENSION BENEFITS
dc.subjectPENSION POLICY
dc.subjectPENSIONS
dc.subjectPRESENT VALUE
dc.subjectPRIVATE COSTS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR FIRM
dc.subjectPROBABILITY
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GAINS
dc.subjectPROSPERITY
dc.subjectPUBLIC ECONOMICS
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC SECTOR EMPLOYMENT
dc.subjectPUBLIC SECTOR JOBS
dc.subjectRATE OF RETURN
dc.subjectRATES OF RETURN
dc.subjectREAL WAGE
dc.subjectREAL WAGES
dc.subjectREPLACEMENT RATE
dc.subjectRETRENCHED WORKERS
dc.subjectRURAL POVERTY
dc.subjectSAFETY
dc.subjectSAFETY NET
dc.subjectSALARIED EMPLOYMENT
dc.subjectSALARIED WORKERS
dc.subjectSAVINGS
dc.subjectSAVINGS ACCOUNTS
dc.subjectSELF-EMPLOYMENT
dc.subjectSEVERANCE PAYMENTS
dc.subjectSOCIAL BENEFITS
dc.subjectSOCIAL COSTS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SECURITY
dc.subjectSOCIAL WELFARE
dc.subjectSOUND LABOR MARKET POLICY
dc.subjectSTANDARD OF LIVING
dc.subjectSUBSTITUTION
dc.subjectSUPPLY CURVE
dc.subjectSUPPLY CURVES
dc.subjectTEMPORARY EMPLOYMENT
dc.subjectTOTAL COSTS
dc.subjectTOTAL WAGE
dc.subjectTRADE UNION
dc.subjectTRADE UNIONS
dc.subjectTRAINING COURSES
dc.subjectTRAINING POLICIES
dc.subjectTRAINING PROGRAM
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYED INDIVIDUALS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT BENEFITS
dc.subjectUNEMPLOYMENT INSURANCE
dc.subjectUNEMPLOYMENT INSURANCE BENEFITS
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNION MEMBERSHIP
dc.subjectUNION WAGE PREMIUM
dc.subjectUNPAID FAMILY WORKERS
dc.subjectUNSKILLED JOBS
dc.subjectURBAN EMPLOYMENT
dc.subjectURBAN UNEMPLOYMENT
dc.subjectVALUABLE
dc.subjectWAGE BILL
dc.subjectWAGE DETERMINATION
dc.subjectWAGE DIFFERENTIAL
dc.subjectWAGE DIFFERENTIALS
dc.subjectWAGE DISTRIBUTION
dc.subjectWAGE EMPLOYMENT
dc.subjectWAGE EQUALIZATION
dc.subjectWAGE GAP
dc.subjectWAGE INEQUALITY
dc.subjectWAGE LEVEL
dc.subjectWAGE LEVELS
dc.subjectWAGE POLICY
dc.subjectWAGE SECTOR
dc.subjectWORKER
dc.subjectWORKERS
dc.subjectWORKING CONDITIONS
dc.subjectWORLD MARKETS
dc.subjectWORTH
dc.subjectYOUNG ADULTS
dc.titleLabor Market Policy in Developing Countries : A Selective Review of the Literature and Needs for the Future

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