Labor Market Transparency

20 Pages Posted: 19 Oct 2013

See all articles by Eskil Wadensjo

Eskil Wadensjo

Stockholm University - Swedish Institute for Social Research (SOFI); IZA Institute of Labor Economics; Stockholm University Linnaeus Center for Integration Studies (SULCIS)

Abstract

The labor market differs from other markets in many respects. Most important is that those who supply labor also have to deliver it in person. It means firstly that the work environment and organization of work are important for those who deliver labor, since they are in the work place. Secondly, the result of a person's work varies with the price of labor (remuneration) and how the work is organized. Thirdly, the definition of work or a job for an employed person is not fixed but dependent on the person. The paper firstly deals with economic models of labor supply, labor demand, labor remuneration and labor market information. The subsequent sections discuss complications regarding labor market transparency in the context of international migration and public policy and policy implications regarding labor market transparency. A final section concludes.

Keywords: transparency in the labor market, international migration, wages, labor supply, labor demand, labor market information

JEL Classification: F22, J22, J23, J30

Suggested Citation

Wadensjo, Eskil, Labor Market Transparency. IZA Discussion Paper No. 7658, Available at SSRN: https://ssrn.com/abstract=2342530 or http://dx.doi.org/10.2139/ssrn.2342530

Eskil Wadensjo (Contact Author)

Stockholm University - Swedish Institute for Social Research (SOFI) ( email )

Universitetsvägen 10F
SE-106 91 Stockholm
Sweden

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Stockholm University Linnaeus Center for Integration Studies (SULCIS) ( email )

SE-106 91 Stockholm
Stockholm
Sweden

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