Publications

November 15, 2013

Employment Choice And Mobility In Multisector Labor Markets

This paper examines employment choice and occupational
mobility using data from Ghana in a model that
incorporates capital market failure, credit constrained individuals and draw
self-employment capital from family asset.

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Author:Olumide Taiwo

Publication Date: November, 2012

Keywords: Employment Choice; Mobility; Multisectoral Labor Markets; Self Employment

JEL Classifications: J01, J21, J24, N37, O12, O17


This paper examines employment choice and occupational mobility using data from Ghana. In amodel that incorporates capital market failure, credit constrained individuals draw selfemploymentcapital from family asset. The empirical findings validate the predictions of thetheoretical model. The data shows very low rates of mobility across sectors and that workers infamily enterprise are the most mobile while self-employed workers are the least mobile. I findno robust evidence that wage earnings ease liquidity constraints. The findings suggest that bothliquidity and skill transferability constraints are important for mobility.




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Regional Trade For Inclusive Development In West Africa

This study examines the potential of regional trade in facilitating the achievement of inclusive development in the West African region. It employs descriptive analysis to examine the nature, composition and dimension of ECOWAS trade within the group and with the rest of the world, vis--vis three other Regional Economic Communities (RECs) in sub-Saharan Africa (SSA). From the preliminary study, it can be observed that the growth rate of West African economies is increasing, but the rising economic growth does not translate to improvement in inclusive development, as there was no significant reduction in poverty levels in the region. Further evidence reveals that extra-regional trade of the region is increasing at a very high rate, and also at a disproportionate rate with intra-regional trade, compared with SADC. This indicates the existence of opportunity to boost regional trade for inclusive development through conversion of part of the extra-regional trade into regional trade.