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Employer Power and Employment in Developing Countries

Nancy Chau, Ravi Kanbur and Vidhya Soundararajan

No 17548, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: The issue of employer power is underemphasized in the development literature. The default 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.

Keywords: Employment (search for similar items in EconPapers)
JEL-codes: J42 O15 (search for similar items in EconPapers)
Date: 2022-09
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