The trends of labor market in Bangladesh and its determinants
In this paper, we have tried to find out specially the features of unemployment-underemployment scenario. As we know, like auction market labor market is not perfectly competitive. For various heterogeneities, it has some distinct features. In Bangladesh, unemployment and underemployment problems arrive due to the lack of effective demand for labor. Hence, in this paper we desire to focus the demand determinants of labor in Bangladesh. In this case, we have emphasized on manufacturing sector, which is the emerging sector of Bangladesh economy both from the employment generation and from economic growth perspectives. To estimate the demand determinants we have used ARDL model where the estimation period is from 1980 to 2002.
|Date of creation:||29 Mar 2009|
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- Robert E. Hall, 1970. "Why Is the Unemployment Rate So High at Full Employment?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 1(3), pages 369-410.
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