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Labour Institutions and Economic Development: A Conceptual Framework With Reference to Asia

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Abstract

[Excerpt] In this chapter, I set forth a framework for analysing how labour markets function under existing institutional arrangements and predicting how they would respond to alternative changes and policy interventions. I seek to blend logical rigour with institutional realism in a stylized way. My approach borrows from orthodox neoclassical analysis where relevant, and departs from those characterizations when the standard assumptions are empirically untenable.

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1994-01-01

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Asia; labor markets; development; unemployment

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Government Document

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Required Publisher Statement: © International Labour Organization. Reprinted with permission. All rights reserved.

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unassigned

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