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Labor Market Transparency

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  • Wadensjö, Eskil

    ()
    (Stockholm University)

Abstract

The labor market differs from other markets in many respects. Most important is that those who supply labor also have to deliver it in person. It means firstly that the work environment and organization of work are important for those who deliver labor, since they are in the work place. Secondly, the result of a person's work varies with the price of labor (remuneration) and how the work is organized. Thirdly, the definition of work or a job for an employed person is not fixed but dependent on the person. The paper firstly deals with economic models of labor supply, labor demand, labor remuneration and labor market information. The subsequent sections discuss complications regarding labor market transparency in the context of international migration and public policy and policy implications regarding labor market transparency. A final section concludes.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 7658.

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Length: 20 pages
Date of creation: Sep 2013
Date of revision:
Publication status: forthcoming in: Handbook of Political, Institutional, and Corporate Transparency
Handle: RePEc:iza:izadps:dp7658

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Related research

Keywords: transparency in the labor market; international migration; wages; labor supply; labor demand; labor market information;

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References

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  1. David Autor, 2000. "Wiring the Labor Market," NBER Working Papers 7959, National Bureau of Economic Research, Inc.
  2. Edward P. Lazear & Kathryn L. Shaw, 2007. "Personnel Economics: The Economist's View of Human Resources," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 21(4), pages 91-114, Fall.
  3. Carlsson, Magnus & Rooth, Dan-Olof, 2007. "Evidence of ethnic discrimination in the Swedish labor market using experimental data," Labour Economics, Elsevier, Elsevier, vol. 14(4), pages 716-729, August.
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  6. Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, McMaster University Archive for the History of Economic Thought, number smith1776.
  7. Edward P. Lazear, 1999. "Personnel Economics: Past Lessons and Future Directions," NBER Working Papers 6957, National Bureau of Economic Research, Inc.
  8. Autor, David H., 2013. "The "task approach" to labor markets : an overview," Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 46(3), pages 185-199.
  9. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, American Economic Association, vol. 74(3), pages 433-44, June.
  10. Akerlof, George A, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 97(4), pages 543-69, November.
  11. Minas Vlassis & Nick Drydakis, 2007. "Ethnic Discrimination in the Greek Labour Market: Occupational Access, Insurance Coverage, and Wage Offers," Working Papers, University of Crete, Department of Economics 0715, University of Crete, Department of Economics.
  12. Peter Riach & Judith Rich, 1991. "Testing for racial discrimination in the labour market," Natural Field Experiments, The Field Experiments Website 00327, The Field Experiments Website.
  13. Riach, Peter A & Rich, Judith, 1991. "Testing for Racial Discrimination in the Labour Market," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 15(3), pages 239-56, September.
  14. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 87(5), pages 972-90, October.
  15. repec:iab:iabjlr:v:46:i:3:p:185-199 is not listed on IDEAS
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