labour market dynamics

Labour market dynamics in low- and middle-income countries


Published 27.02.24

How do labour market dynamics vary with development?

Read "Labour Market Dynamics and Development" by Kevin Donovan, Will Jianya Lu and Todd Schoellman here.

Much of what economists know about labour market dynamics - the process by which workers can improve their lives by switching jobs - is based on data and research in high-income countries. In this episode of VoxDevTalks, Kevin Donovan and Todd Schoellman outline new evidence from low- and middle-income countries, discuss their surprising finding about labour market flows, and talk through why this might lead us to rethink job creation policy.