LDC Labor Markets: Applications of Internal Labor Market Theory

1983 ◽  
Vol 22 (2) ◽  
pp. 238-260 ◽  
Author(s):  
BENT HANSEN
Author(s):  
Shailaja Fennell

Characteristics of labor markets are often assumed to be universal, when in fact they are peculiar to patterns of employment in Europe and North America. This essay makes these universalist assumptions about labor markets for youth explicit, challenging their foundational claims in relation to trends in parts of the Global South. Urbanization, the Standard Employment Relationship (SER), and the notions of precarity are all analyzed for their Northern biases. The work of early labor market theorist W. Arthur Lewis is then explored, critiquing how his theory was reduced to one aspect—rural labor migration to urban factory work to increase productivity—when it had complex social, political, educational, and policy-related implications. Southern scholars should not be interpreted in terms of their relevance to Northern processes. They should be grappled with on their own terms, in relation to the Southern contexts from which they speak. Finally, an agenda for Southern labor market theory building is offered.


2013 ◽  
Vol 70 (276) ◽  
Author(s):  
Adolfo Figueroa

The standard microeconomic theory of labor market assumes that unemployment operates as the labor discipline device in advanced countries. What is this device in developing countries? This paper seeks to give an answer to this question by constructing a new theoretical model and by confronting its predictions against a set of empirical regularities that characterize the functioning of labor markets in developing countries. In comparing the two models, the paper shows the existence of a generalized labor market theory in which inequality among workers constitutes the common labor discipline device, which just takes different forms in advanced and developing countries.


Author(s):  
Simon Charles Parker

A simple theory of the labor market is presented in which the short end of the market sells. A flexible parameterisation of the theory yields an earnings distribution density function which is closely approximated by the well-known beta and gamma specifications. Apart from providing a theoretical rationale for these tractable and closefitting specifications, the theory suggests that the parameters of the beta distribution (this distribution encompassing the gamma as a special case) can be interpreted in terms of the structure of labor markets. This has implications for why earnings distributions take their commonly observed positive skew, as well as for wider issues including the relationship between employment and equality.


2004 ◽  
pp. 105-114 ◽  
Author(s):  
Yu. Odegov ◽  
G. Rudenko

The expediency of using in scientific parlance and in practice of human resources management the category "internal labor market" is grounded in the article. The specifics of intra-firm labor market forming and functioning are described. The authors study the mechanism of external and internal labor markets interaction from the standpoint of providing their balanced development.


2016 ◽  
Vol 11 (18) ◽  
Author(s):  
Camilo Contreras Delgado

Resumen:Este artículo examina los fa c t o res internos y externos a una localidad que son copartícipes en la estructuración y reestructuración de su mercado de trabajo local. A partir de la revisión de la historia social y económica del lugar, se destaca su tránsito de enclave minero a lugar de residencia de mineros y trabajadores de maquiladoras. En este caso, se presenta la constitución de los mercados de trabajo locales como un resultado del encuentro de las condiciones del lugar de residencia de los trabajadores y el lugar donde se encuentra el centro de trabajo. De aquí que la movilidad laboral geográfica aparezca como una de las tácticas de los sujetos ante una situación de desempleo.Palabras clave: Mercado de trabajo, Minería, Maquiladoras, Mineros, Movilidad laboral, Desempleo.Abstract:This article examines the internal and external local factors shaping the structuring and restructuring of a local labor market. By reviewing the social and economic history of the community, this article underlines its transition from a mining setting to a residence place for miners and maquila workers. In this case, the constitution of local labor markets is presented as a result of the condition encounter of both workers residence place and the location of the work place. This is a reason explaining why geographical labor mobility comes to be an actor tactic to face unemployment.Key words: Labor market, Mining, Export-oriented industry, Miners, Labor mobility, Unemployment.


2021 ◽  
pp. 107755872110129
Author(s):  
Mark K. Meiselbach ◽  
Matthew D. Eisenberg ◽  
Ge Bai ◽  
Aditi Sen ◽  
Gerard F. Anderson

In concentrated labor markets, where workers have fewer employers to choose from, employers may exploit their monopsony power by contributing less to workers’ health benefits. This study examined if labor market concentration was associated with higher worker contributions to health plan premiums. We combined publicly available data from the Census to calculate labor market concentration and the Medical Expenditure Panel Survey Insurance/Employer Component to determine premium contributions from 2010 to 2016 for metropolitan areas. After controlling for year fixed-effects and market characteristics, we found that higher labor market concentration was associated with higher worker contributions to health plan premiums, lower take-home income, and no change in employer contributions to premiums, consistent with the hypothesis that greater labor market concentration is associated with less generous health benefits. When evaluating the effects of mergers and acquisitions on labor markets, regulatory agencies should critically assess worker contributions to health insurance premiums.


2021 ◽  
Vol 13 (14) ◽  
pp. 7926
Author(s):  
Bharman Gulati ◽  
Stephan Weiler

This paper explores the role of local labor market dynamics on the survival of new businesses. The characteristics of the local labor market are likely to influence the survival of new businesses, the level of entrepreneurship, and the resilience of the regional economy. We apply portfolio theory to evaluate employment-based and income-based measures of risk-and-return trade-offs in local labor markets on new business survival in the United States. Our results show that volatility in local labor markets has a positive impact on new business survival, especially in Metropolitan Statistical Areas. The results are robust across different timeframes, including during economic downturns, thus highlighting the contribution of new businesses in developing the resilience of the local economy, and further promoting sustainable regional economic development.


Author(s):  
Katja Schuster ◽  
Anne Margarian

AbstractMotivated by discussions of skill mismatches on local German vocational educational and training (VET) markets, this paper analyses how occupational segments of VET entry of individuals with lower and intermediate secondary school degree relate to local labor market characteristics. The econometric analysis applies data from a survey conducted with 9th graders within the German National Educational Panel Study (NEPS). Considering opportunity structures and the local competition for training positions, we find that the match between occupations' skill demands and individuals' abilities tends to be specifically close in diverse and competitive urban labor markets. In non-competitive peripheral labor markets, in contrast, graduates with lower school certificates seem to have a higher likelihood of entering VET in segments that are specifically attractive for graduates with upper secondary school degree. The results on the allocation of abilities and the weight of preferences under different labor market conditions have different welfare implications from an individual, regional and general economic perspective.


1998 ◽  
Vol 12 (2) ◽  
pp. 101-116 ◽  
Author(s):  
James J Heckman

The evidence on discrimination produced from the audit method is examined. Audits survey the average firm and not the marginal firm which determines the level of market discrimination. Taken on its own terms, there is little evidence of labor market discrimination from audit methods. The validity of audit methods is critically dependent on unverified assumptions about equality across race/gender groups of the distributions of unobserved (by audit designers) productivity components acted on by firms and about the way labor markets work. Audits can find discrimination when none exists and can disguise it when it does.


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