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Employer Power and Employment in Developing Countries

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  • Chau, Nancy H.
  • Kanbur, Ravi
  • Soundararajan, Vidhya

Abstract

The issue of employer power is underemphasized in the development literature. Thedefault model is usually one of competitive labor markets. This assumption matters for analysis and policy prescription. There is growing evidence that the competitive labor markets assumption is not valid for developing countries. Our objective in this paper is to review this evidence, to present theoretical and policy perspectives which follow from it, and to highlight areas for further research.

Suggested Citation

  • Chau, Nancy H. & Kanbur, Ravi & Soundararajan, Vidhya, 2022. "Employer Power and Employment in Developing Countries," Applied Economics and Policy Working Paper Series 324053, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cuaepw:324053
    DOI: 10.22004/ag.econ.324053
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    2. Gindling, T. H. & Ronconi, Lucas, 2023. "Minimum Wage Policy and Inequality in Latin America and the Caribbean," IDB Publications (Working Papers) 12931, Inter-American Development Bank.

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    More about this item

    Keywords

    Teaching/Communication/Extension/Profession;

    JEL classification:

    • J42 - Labor and Demographic Economics - - Particular Labor Markets - - - Monopsony; Segmented Labor Markets
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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