This Discussion Paper is issued within the framework of IZA's research area ,QWHUQDWLRQDOL]DWLRQ RII /DERUU 0DUNHWVV DQGG (XURSHDQQ ,QWHJUDWLRQ Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA)...

This Discussion Paper is issued within the framework of IZA's research area 7KHH:HOIDUH6WDWHH DQG/DERUU0DUNHWVAny opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual in...

The Labor Demand Was Downward Sloping: Disentangling Migrants’ Inflows and Outflows, 1929-1957 This paper studies inand out-migration from the U.S. during the first half of the twentieth century and assesses how these flows affected state-level labor markets. It shows that outmigration positively impacted the wages of remaining workers, while in-migration had a negative impact. Hence, immigrant...

Manning proposes that the ‘traditional’ monopsony model, once regarded as an analytical curiosity, be adopted as a widely-applicable description of firms’ behavior in labor markets. In Manning’s view, search frictions in the labor market generate upwardsloping labor supply curves to individual firms even when firms are small relative to the labor market. Thus a model of ‘monopsonistic competiti...

Understanding the interplay between institutions and labor markets is a central concern in economics. We argue that laboratory experiments are a powerful tool for studying labor market institutions, possessing several key advantages relative to more traditional approaches using field data. We exemplify the usefulness of lab experiments by surveying evidence from three studies, each of which inv...

This paper is about analyzing labor markets in developing countries, searching for both improved understanding and greater policy relevance. Following a five-part policy evaluation framework, the highlights of labor markets in developing countries are presented. Theoretical models with multiple sectors and segments and empirical analysis using different kinds of data are then reviewed. A brief ...

We document differences in human-capital deployment between diversified and focused firms. We find that diversified firms have higher labor productivity and that they redeploy labor to industries with better prospects in response to changing opportunities. The opportunities and incentives provided in internal labor markets in turn affect the development of workers' human capital. We find that w...

The overall goal of this paper is to contribute to the ongoing assessment of China’s rural labor markets. To meet this goal, we have three specific objectives. First, we will provide an update of the trends in off-farm labor participation and wages of the sample households and examine how labor market outcomes have changed for those with different levels of education. Second, we will then seek ...

This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a substantial protection of insiders on both markets. The more important money is in political decision-making, the more divided the workfor...