scholarly journals Interplay Between Reservation Wage and Unemployment Duration: Evidence from Jordan, Serbia, Montenegro, Ukraine and Moldova in 2015

2019 ◽  
Vol 10 (1) ◽  
pp. 120
Author(s):  
Tereza Kochovska
Keyword(s):  
Labor Market ◽  
Instrumental Variables ◽  
School To Work ◽  
Least Square ◽  
Unemployment Duration ◽  
Reservation Wage ◽  
Mena Countries ◽  
Reservation Wages ◽  
Work Transition ◽  
Cis Countries

This study investigates the reservation wage along with the unemployment duration of the youth in five countries from three groups of countries, the MENA countries, the WB countries and the CIS countries. The study assesses the determinants of the reservation wage and in particular how it is related to unemployment duration. The data comes from the School to Work Transition Survey in 2015 which is a survey that is labor market designed and includes labor market information on young people aged 15 to 29 years. The Two Stage Least Square (2SLS) model is conducted by using instrumental variables. This technique is used since we suspect that ednogeneity between the reservation wage and the unemployment duration is possible in our model. The results suggest the interplay between the reservation wage and the unemployment duration is countercyclical, the longer the unemployment duration the lower the reservation wage. Youth that lives in a household that receives other sources of income and remittances have lower reservation wages and youth that comes from a household with good financial situation and receives governmental financial assistance have higher reservation wages. Married youth with children have higher reservation wage and lower unemployment duration and more educated and trained youth has higher reservation wage.

Paradoxes of reservation wage setting in the Russian labor market. Part II

2016 ◽  
pp. 94-110 ◽  
Author(s):  
R. Kapeliushnikov ◽  
A. Lukyanova
Keyword(s):  
Labor Market ◽  
Household Income ◽  
Personal Characteristics ◽  
Unemployment Duration ◽  
Reservation Wage ◽  
Wage Setting ◽  
Reservation Wages ◽  
Monitoring Survey ◽  
Main Determinants ◽  
New Jobs

Using panel data from the Russian Longitudinal Monitoring Survey for 2006-2014, the paper investigates reservation wages setting in the Russian labor market. The second part of the paper provides an econometric analysis of main determinants of reservation wages. It shows that personal characteristics, household income, unemployment duration and characteristics of local labor markets are important factors that affect reservation wage setting. The findings also indicate that non-employed individuals with higher reservation wages have higher probability of re-employment and receive higher wages on their new jobs. A general conclusion is that Russian workers set reservation wages in economically rational way taking into account their real prospects in the labor market.

School-to-Work Transition in Jordan, 2010–2016

2019 ◽  
pp. 225-258
Author(s):  
Mona Amer
Keyword(s):  
Labor Market ◽  
Labor Force ◽  
Labor Force Participation ◽  
Youth Unemployment ◽  
School To Work ◽  
Unemployment Duration ◽  
After School ◽  
School To Work Transition ◽  
Post Secondary ◽  
Work Transition

This chapter presents an analysis of the school-to-work transition in Jordan from 2010 to 2016 in a context of a demographic shock due to a massive influx of Syrian refugees. It examines the trend of youth unemployment and labor force participation, first labor market status and transitions over four years after school. The results show sharp increases in male and female unemployment rates and in unemployment duration. In parallel, youth male labor force participation declined and women with post-secondary education were less active. The school-to-work transition has deteriorated between 2010 and 2016 as young Jordanians were less active after leaving school and when they entered the labor market they took a longer time to work after school. Furthermore, the Jordanian labor market is very segmented as transitions between different types of employment (public, formal and informal private jobs) were scarce. Public employment was also less frequent after unemployment or inactivity.

Paradoxes of reservation wage setting in the Russian labor market. Part I

2016 ◽  
pp. 5-27
Author(s):  
R. Kapeliushnikov ◽  
A. Lukyanova
Keyword(s):  
Labor Market ◽  
Empirical Studies ◽  
Reservation Wage ◽  
Wage Setting ◽  
Reservation Wages ◽  
Monitoring Survey ◽  
Main Determinants ◽  
Subjective Estimates ◽  
Objective Indicators

Using panel data from the Russian Longitudinal Monitoring Survey for 2006-2014, the paper investigates reservation wages setting in the Russian labor market. The sample includes non-employed individuals wishing to get a job (both searchers and non-searchers). The first part of the paper provides a survey of previous empirical studies, describes data and analyzes subjective estimates of reservation wages in comparison with various objective indicators of actual wages. The analysis shows that wage aspirations of the majority of Russian non-employed individuals are overstated. However their wage expectations are rather flexible and decrease rapidly as the search continues that prevents high long-term unemployment. The second part of the paper provides an econometric analysis of main determinants of reservation wage and its impact on probability of re-employment and wages on searchers’ new jobs.

The Jordanian Labor Market

2019 ◽  
Keyword(s):  
Labor Market ◽  
Social Insurance ◽  
School To Work ◽  
Panel Survey ◽  
Positive Direction ◽  
Work Transition ◽  
Nationally Representative ◽  
Key Indicators ◽  
The Life Course ◽  
Insight Into

Jordan stands in the middle of a turbulent region, experiencing substantial refugee flows and economic challenges due to the conflict and insecurity of its neighbors. While the Jordanian economy and labor market in 2010, prior to the refugee crisis, had been shifting in a positive direction, it was an unanswered question how the labor market is faring during these challenging times. The fielding of the new Jordan Labor Market Panel Survey (JLMPS) 2016 wave offers an unprecedented opportunity to assess the challenges Jordan is facing across a number of markets and services. This book leverages the new, nationally representative data to begin addressing key economic and policy questions. The chapters of the book are organized into three parts, the first focused on key indicators of the labor market: labor supply, job creation, wages and inequality, and own account work (self-employed and employers). The second section focuses on migrants and refugees in Jordan, including an in-depth examination of the wellbeing of Syrian refugees in Jordan. The third section examines transitions across the life course in Jordan, including education, the school-to-work transition, marriage and fertility, housing and new households, and social insurance and retirement. Together these chapters show how Jordan’s economy has fared during challenging times and provide insight into important challenges Jordan’s economy and society face.

scholarly journals Wages, Hours, and the School-to-Work Transition: The Consequences of Leaving School in a Recession for Less-Educated Men

2016 ◽  
Vol 16 (1) ◽  
pp. 97-124 ◽  
Author(s):  
Jamin D. Speer
Keyword(s):  
Labor Market ◽  
School To Work ◽  
Transition Time ◽  
First Year ◽  
Full Time ◽  
Market Outcomes ◽  
School To Work Transition ◽  
Published Evidence ◽  
Work Transition ◽  
Part Time

Abstract Using the NLSY’s weekly work history data to precisely measure labor market outcomes and the school-to-work transition, I document severe but short-lived effects of leaving school in a recession for men with 9–12 years of education. I find significant effects of entry labor market conditions on wages, job quality, and the transition time from school to work. In contrast to published evidence on more educated workers, I also find large effects on work hours on both the extensive and the intensive margins. When workers leave high school in a recession, they take substantially longer to find a job, earn lower wages, and work fewer full-time weeks and more part-time weeks. A 4-point rise in the initial unemployment rate leads to an increase in the school-to-work transition time of 9 weeks, a 16% decline in year-one average wage, a 28% fall in hours worked in the first year, and a 45% decline in first-year earnings. However, effects of entry conditions are not persistent and are largely gone after the first year.

The School-to-Work Transition: A Cross-National Perspective

2001 ◽  
Vol 39 (1) ◽  
pp. 34-92 ◽  
Author(s):  
Paul Ryan
Keyword(s):  
Labor Market ◽  
The United States ◽  
School To Work ◽  
Youth Outcomes ◽  
Youth Education ◽  
The United Kingdom ◽  
Work Transition ◽  
Recent Trends ◽  
National Perspective ◽  
Labor Market Programs

School-to-work patterns and issues are discussed for seven economies (France, Germany, Japan, the Netherlands, Sweden, the United Kingdom, and the United States). The emphasis is placed on differences across countries in the current labor market position of young people and recent trends therein, along with the institutions that regulate youth education, training, and employment. The power of public policies—including labor market deregulation, labor market programs, vocationalization of education, and apprenticeship—to improve youth outcomes is discussed, drawing on national evaluation literatures. Evidence of extensive policy failure points up the need to develop nationally appropriate institutions to improve school-to-work transitions.

scholarly journals The Importance of Geospatial Data to Labor Market Information

2018 ◽  
Author(s):  
Eric M. Johnson ◽  
Robert Urquhart ◽  
Maggie O'Neil
Keyword(s):  
Labor Market ◽  
Developed Countries ◽  
School To Work ◽  
Market Information ◽  
Employment Services ◽  
Policy Makers ◽  
School To Work Transition ◽  
Commute Time ◽  
Work Transition ◽  
Urban Development Policy

School-to-work transition data are an important component of labor market information systems (LMIS). Policy makers, researchers, and education providers benefit from knowing how long it takes work-seekers to find employment, how and where they search for employment, the quality of employment obtained, and how steady it is over time. In less-developed countries, these data are poorly collected, or not collected at all, a situation the International Labour Organization and other donors have attempted to change. However, LMIS reform efforts typically miss a critical part of the picture—the geospatial aspects of these transitions. Few LMIS systems fully consider or integrate geospatial school-to-work transition information, ignoring data critical to understanding and supporting successful and sustainable employment: employer locations; transportation infrastructure; commute time, distance, and cost; location of employment services; and other geographic barriers to employment. We provide recently collected geospatial school-to-work transition data from South Africa and Kenya to demonstrate the importance of these data and their implications for labor market and urban development policy.

scholarly journals Order from Chaos? The Effects of Early Labor Market Experiences on Adult Labor Market Outcomes

ILR Review ◽  
1998 ◽  
Vol 51 (2) ◽  
pp. 299-322 ◽  
Author(s):  
Rosella Gardecki ◽  
David Neumark
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Labor Market Outcomes ◽  
School To Work ◽  
Longitudinal Survey ◽  
Job Market ◽  
Market Outcomes ◽  
Employment Relationships ◽  
Work Transition ◽  
Stable Employment

This paper examines the consequences of initial periods of “churning” or “mobility” in the labor market, to help assess whether faster transitions to stable employment relationships—as envisioned by advocates of school-to-work programs—would be likely to lead to better adult labor market outcomes. An analysis of National Longitudinal Survey of Youth data for the years 1979–92 yields modest evidence, at best, linking early job market stability to better labor market outcomes. The authors find that for both genders, adult labor market outcomes (defined as of the late 20s or early to mid-30s) are for the most part unrelated to early labor market experiences. This evidence does not support efforts to explicitly target the school-to-work transition, insofar as doing so implies changing the structure of youth labor markets so that workers form earlier and firmer attachments to employers, industries, or occupations.

scholarly journals Does the first job affect current youth working status in Bangladesh?

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chiara Mussida ◽  
Dario Sciulli
Keyword(s):  
Labor Market ◽  
A Priori ◽  
Multinomial Distribution ◽  
School To Work ◽  
School To Work Transition ◽  
Content Type ◽  
Work Transition ◽  
Entry Status ◽  
First Job ◽  
The Impact

PurposeThis paper evaluates how the first job when individuals entered the labor market affects the probability of youth being currently employed in formal or informal work in Bangladesh.Design/methodology/approachThe analysis is based on data from the ILO School-to-Work Transition Surveys. The authors use a full-information maximum likelihood approach to estimate a two-equation model, which accounts for selection into the labor market when estimating the impact of entry status on current work outcomes. The main equation outcome follows a multinomial distribution thus avoiding a priori assumptions about the level of individual’s utility associated with each work status.FindingsThe authors find that entering the labor market in a vulnerable employment position (i.e. contributing family work or self-employment) traps into vulnerable employment and prevents the transition to both informal and, especially, formal paid work. This finding holds when accounting for endogeneity of the entry status and it is valid both in the short and in the long run. Young women are less likely to enter the labor market, and once entered they are less likely to access formal paid wok and more likely to being inactive than young men. Low education anticipates the entry in the labor market, but it is detrimental for future employment prospects.Originality/valueThe findings indicate the presence of labor market segmentation between vulnerable and non-vulnerable employment and suggest the endpoint quality of the school-to-work transition is crucial for later employment prospects of Bangladeshi youth.

Sign in / Sign up

Export Citation Format

Share Document