labour market frictions

Educated unemployment in urban West Africa stems from educated workers rationally waiting for scarce, high-paying public and formal private jobs in labour markets characterised by severe hiring frictions. Policies that reduce private-sector hiring co...

In Brazil, legalising outsourcing of security to specialised firms reduced hiring frictions, boosting formal jobs for young men, but came at a large and lasting cost to older guards in previously well-paid jobs.

Lowering the psychological cost of initiating job applications dramatically increases application rates without lowering the average return to each job application

The ‘Meet your Future’ programme in Uganda improved employment outcomes for young job-seekers by fostering realistic job expectations