labor market models and simulation simple november 5 2019 michael weber world bank jobs diagnostics why modeling the labor market jobs diagnostics identify and prioritize lm constraints through observable symptoms ...
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...Labor market models and simulation simple november michael weber world bank jobs diagnostics why modeling the identify prioritize lm constraints through observable symptoms next step towards strategies solutions finding comparing selecting possible interventions for best impact necessary to understand communicate how or economic developments incl shocks affect outcomes typical targets earnings employment levels diagnostic with identified can help pick a suitable model conceptual framework structural change dualism holds neoclassical lewis incentives innovate low productivity coexists invest high better capital accumulation law of one price does not hold innovation poor quality modern sector growth traditional rapid generates savings deep economies scale slow drives thin higher hours working conditions worked skills training on job learning dual economy analysis milestone thereafter but segmentation fragmentation stylizing markets two distinct sectors useful prevents overly complex appr...