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  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource (60 pages)
    Parallel Title: Erscheint auch als Lokshin, Michael Is Social Protection a Luxury Good?
    Keywords: Distribution ; Economic Assistance ; Engel Curve ; Governance ; ICT Economics ; ICT Support To Social Protections ; Information and Communication Technologies ; Macroeconomics and Economic Growth ; Pandemic ; Selective Data Reporting ; Social Protection ; Social Protection Expenditure ; Social Protections and Assistance ; Social Protections and Labor
    Abstract: The claim that social protection is a luxury good-with a national income elasticity exceeding unity-has been influential. The paper tests the "luxury good hypothesis" using newly-assembled data on social protection spending across countries since 1995, treating the pandemic period separately, as it entailed a large expansion in social protection efforts. While the mean income share devoted to social protection rises with income, this is attributable to multiple confounders, including relative prices, weak governance in low-income countries and access to information-communication technologies. Controlling for these, social protection is not a luxury good. This was also true during the pandemic
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  • 2
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Protect Incomes or Protect Jobs? The Role of Social Policies in Post-Pandemic Recovery
    Keywords: Cash Transfers ; Economic Intervention Effectiveness ; Employment and Unemployment ; Job Protection Measures ; Job Retention ; Labor Market Policy ; Labor Markets ; Labor Policies ; Pandemic Stimulus Effectiveness ; Post-Pandemic Economic Recovery ; Social Protection ; Social Protections and Labor ; Unemployment Insurance
    Abstract: This paper examines the effectiveness of income protection and job protection policies for the post-pandemic economic recovery of the second half of 2020 through 2021. The paper is based on a new data set of the budgets of social protection programs implemented as a part of the pandemic stimulus package in 154 countries. The empirical analysis shows that, in the short run, higher expenditure on job protection measures is associated with more robust gross domestic product growth, increased employment, and decreased inactivity and poverty rates compared to the expansion of income protection programs. Both policies had a significant economic impact only in countries with weaker pre-pandemic social insurance systems. In countries with broader coverage of the social insurance system, the income and job protection programs appear to have had a limited impact on post-pandemic recovery. Because the structural economic changes induced by the pandemic are expected to materialize fully in several years, more research is needed to understand the longer-term effects of job protection and income protection policies on labor markets and economic recovery
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  • 3
    Language: English
    Pages: Online-Ressource (1 online resource (37 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Glinskaya, Elena Wage Differentials Between the Public and Private Sector in India
    DDC: 330
    Keywords: Employment ; Finance and Financial Sector Development ; Financial Literacy ; Human Capital ; Informal Sector ; Job ; Job Security ; Jobs ; Labor ; Labor Market ; Labor Markets ; Management ; Private Sector ; Private Sectors ; Public Sector Jobs ; Public Sectors ; Social Protections and Labor ; Employment ; Finance and Financial Sector Development ; Financial Literacy ; Human Capital ; Informal Sector ; Job ; Job Security ; Jobs ; Labor ; Labor Market ; Labor Markets ; Management ; Private Sector ; Private Sectors ; Public Sector Jobs ; Public Sectors ; Social Protections and Labor ; Employment ; Finance and Financial Sector Development ; Financial Literacy ; Human Capital ; Informal Sector ; Job ; Job Security ; Jobs ; Labor ; Labor Market ; Labor Markets ; Management ; Private Sector ; Private Sectors ; Public Sector Jobs ; Public Sectors ; Social Protections and Labor
    Abstract: The authors use 1993-94 and 1999-2000 India Employment and Unemployment surveys to investigate wage differentials between the public and private sectors as well as workers' decisions to join a particular sector. To obtain robust estimates of the wage differential, they apply three econometric techniques each relying on a different set of assumptions about the process of job selection. All three methods show that differences in wages between public sector workers and workers in the formal-private and informal-casual sectors are positive and high. Estimates show that, on average, the public sector premium ranges between 62 percent and 102 percent over the private-formal sector, and between 164 percent and 259 percent over the informal-casual sector, depending on the choice of methodology. The authors' review of wage differentials (estimated using similar methodologies) across the world shows that India has one of the largest differentials between wages of public workers and workers in the formal private sector. The wage differentials in India tend to be higher in rural as compared with urban areas, and are higher among women than among men. The wage differential also tends to be higher for low-skilled workers. There is considerable evidence of an increase in the wage differential between 1993-94 and 1999-2000
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Lokshin, Michael Child Care and Women's Labor Force Participation in Romania
    Keywords: Age ; Child Care ; Child Development ; Children ; Children and Youth ; Early Childhood ; Education ; Employment Of Women ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Law ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Human Capital ; Labor Force ; Labor Markets ; Labor Policies ; Labor Supply ; Law and Development ; Mother ; Nutrition ; Physical Health ; Policy ; Population Policies ; Poverty ; Primary Education ; Respect ; Social Protections and Labor ; Street Children ; Urban Development ; Wages ; Workforce ; Working Mothers ; Young Women ; Youth and Government ; Age ; Child Care ; Child Development ; Children ; Children and Youth ; Early Childhood ; Education ; Employment Of Women ; Finance and Financial Sector Development ; Financial Literacy ; Gender ; Gender and Law ; Health Systems Development and Reform ; Health, Nutrition and Population ; Household Income ; Human Capital ; Labor Force ; Labor Markets ; Labor Policies ; Labor Supply ; Law and Development ; Mother ; Nutrition ; Physical Health ; Policy ; Population Policies ; Poverty ; Primary Education ; Respect ; Social Protections and Labor ; Street Children ; Urban Development ; Wages ; Workforce ; Working Mothers ; Young Women ; Youth and Government
    Abstract: July 2000 - In Romania both the maternal decision to take a job and the decision to use out-of-home care are sensitive to the price of child care as well as to the potential market wage of the mother. A decrease in the price of child care can increase the number of mothers in the labor force and thus reduce poverty in some households. Fong and Lokshin model the household demand for child care, the mother's participation in the labor force, and her working hours in Romania. Their model estimates the effects of the price of child care, the mother's wage, and household income on household behavior relating to child care and mothers working outside the home. They find that: · Both the maternal decision to take a job and the decision to use out-of-home care are sensitive to the price of child care. A decrease in the price of child care can increase the number of mothers who work and thus reduce poverty in some households. · The potential market wage of the mother has a significant positive effect on the decision to purchase market care and the decision to engage in paid employment. · The level of household nonwage income has little effect on maternal employment and the demand for child care. In addition to facilitating women's work, kindergartens and crèches appear to provide educational and social benefits for children. Close to half the children in these facilities have mothers who do not work. Further research is needed to assess the cost and nature of these benefits and to determine the appropriate roles for the private and public sectors in providing, financing, and regulating such services for working and nonworking mothers. This paper-a product of Poverty and Human Resources, Development Research Group-is part of a larger effort in the group to understand the role of gender in the context of the household, institutions, and society. Michael Lokshin may be contacted at mlokshinworldbank.org
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Ravallion, Martin Identifying Welfare Effects from Subjective Questions
    Keywords: Bank ; Current Income ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Literacy ; Financial Support ; Future Incomes ; Household Income ; Household Incomes ; Income ; Incomes ; Inequality ; Information ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Monthly Income ; Personality Tra Personality Traits ; Population ; Poverty Diagnostics ; Poverty Impact Evaluation ; Poverty Monitoring and Analysis ; Poverty Reduction ; Psychological Traits ; Questionnaire ; Savings ; Services and Transfers to Poor ; Social Protections and Labor ; Unemployed ; Unemployment ; Welfare ; Bank ; Current Income ; Economic Theory and Research ; Finance and Financial Sector Development ; Financial Literacy ; Financial Support ; Future Incomes ; Household Income ; Household Incomes ; Income ; Incomes ; Inequality ; Information ; Labor Policies ; Macroeconomics and Economic Growth ; Money ; Monthly Income ; Personality Tra Personality Traits ; Population ; Poverty Diagnostics ; Poverty Impact Evaluation ; Poverty Monitoring and Analysis ; Poverty Reduction ; Psychological Traits ; Questionnaire ; Savings ; Services and Transfers to Poor ; Social Protections and Labor ; Unemployed ; Unemployment ; Welfare
    Abstract: March 2000 - In subjective surveys, people who become ill or lose their jobs report reduced well-being, even if they later get a job. Perhaps their exposure to uninsured risk outside the formal employment sector reduces their expectations about future income. Do potential biases cloud the inferences that can be drawn from subjective surveys? Ravallion and Lokshin argue that the welfare inferences drawn from subjective answers to questions on qualitative surveys are clouded by concerns about the structure of measurement errors and how latent psychological factors influence observed respondent characteristics. They propose a panel data model that allows more robust tests. In applying the model to high-quality panel data for Russia for 1994-96, they find that some results widely reported in past studies of subjective well-being appear to be robust but others do not. Household income, for example, is a highly significant predictor of self-rated economic welfare; per capita income is a weaker predictor. Ill health and loss of a job reduce self-reported economic welfare, but demographic effects are weak at a given current income. And the effect of unemployment is not robust. Returning to work does not restore a sense of welfare unless there is an income gain. The results imply that even transient unemployment brings the feeling of a permanent welfare loss, suggesting that high unemployment benefits do not attract people out of work but do discourage a return to work. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to understand the relationship between subjective and objective economic welfare. The authors may be contacted at mravallionworldbank.org and mlokshin@worldbank.org
    URL: Volltext  (Deutschlandweit zugänglich)
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