Wage formation and recurrent unemployment
Joint Authors
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2000, Issue 200040 (31 Dec. 2000)29 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2000-12-31
Country of Publication
Egypt
No. of Pages
29
Main Subjects
Topics
Abstract EN
Cross-section data on non-contractual construction workers in Egypt reveal strong attachment to the sector despite demand instability.
Also present are statistically significant wage differentials between construction trades.
Preliminary examination suggests that employers might be compensating their non-contractual workforce for recurrent unemployment so that they can rely on a steady supply of qualified workers.
We rely on a structural model and investigate the consequences of rationing, turnover, and randomness in employment and unemployment durations.
Estimates reveal that employers provide only partial compensation against recurrent unemployment.
Although aggregate risk premia associated with trade membership estimated with precision, individual risk components are not.
American Psychological Association (APA)
Assaad, Raji& Tunali, Insan. 2000. Wage formation and recurrent unemployment. Economic Research Forum : Working Paper Series،Vol. 2000, no. 200040.
https://search.emarefa.net/detail/BIM-153840
Modern Language Association (MLA)
Assaad, Raji& Tunali, Insan. Wage formation and recurrent unemployment. Economic Research Forum : Working Paper Series No. 200040 (2000).
https://search.emarefa.net/detail/BIM-153840
American Medical Association (AMA)
Assaad, Raji& Tunali, Insan. Wage formation and recurrent unemployment. Economic Research Forum : Working Paper Series. 2000. Vol. 2000, no. 200040.
https://search.emarefa.net/detail/BIM-153840
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references.
Record ID
BIM-153840