Employment choice and mobility in multi-sector labour markets: Theoretical model and evidence from Ghana

Using detailed household survey data on male workers in Ghana, the author tests a theoretical model incorporating capital market failure and labour market segmentation into sectors of (largely formal) wage employment and (largely informal) self‐employment and family enterprise employment, in which c...

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Veröffentlicht in:International labour review 2013-12, Vol.152 (3-4), p.469-492
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description Using detailed household survey data on male workers in Ghana, the author tests a theoretical model incorporating capital market failure and labour market segmentation into sectors of (largely formal) wage employment and (largely informal) self‐employment and family enterprise employment, in which credit‐constrained individuals draw self‐employment capital from family assets. The data show very low rates of mobility across the three sectors, the highest mobility being observed among family enterprise workers, and the lowest, among the self‐employed. The findings show no robust evidence that wage earnings ease liquidity constraints, while suggesting that both liquidity and skill transferability constraints are important for mobility.
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The data show very low rates of mobility across the three sectors, the highest mobility being observed among family enterprise workers, and the lowest, among the self‐employed. 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source Applied Social Sciences Index & Abstracts (ASSIA); HeinOnline; PAIS Index; Wiley Online Library All Journals; Alma/SFX Local Collection; EBSCOhost Business Source Complete
subjects Agricultural Skills
Assets
Capital
Capital market
data collecting
Developed Nations
Developing countries
Economic development
Employment
Enterprises
Evidence
Family
family enterprise
Family firms
Family Income
Family Influence
Family Size
Ghana
Households
Informal economy
Labor market
Labour market
LDCs
Liquidity
Literature Reviews
Male employees
Markets
Mobility
Nonprofessional Personnel
occupational change
Occupational choice
Occupational mobility
Productivity
rural area
Self employment
Self-employed
Skills
Studies
survey
Survey data
Surveys
Unskilled Workers
urban area
Urban Areas
Wages
Work Experience
Workers
title Employment choice and mobility in multi-sector labour markets: Theoretical model and evidence from Ghana
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