Franklin

The Missing Market for Work Permits / Michael Lokshin.

Author/Creator:
Lokshin, Michael.
Other Title:
World Bank working papers.
Publication:
Washington, D.C. : The World Bank, 2019.
Series:
Policy research working papers
World Bank e-Library
Format/Description:
Government document
Book
1 online resource (18 p.)
Local subjects:
Employment. (search)
International Migration. (search)
Labor Law. (search)
Labor Market. (search)
Labor Markets. (search)
Labor Policies. (search)
Poverty Reduction. (search)
Right-To-Work. (search)
Social Protection. (search)
Social Protections and Labor. (search)
Universal Basic Income. (search)
Work Permit. (search)
Summary:
Citizens have a right to accept any job offer in their country, but that right is not marketable or automatically extended to foreigners. Yet, some citizens have useful things to do if they could rent out their right-to-work, and there are foreigners who would value the new options for employment. Thus, there is a missing market. A solution is to allow people to rent out their right-to-work for a period of their choice. On the other side of the market, foreigners could purchase time-bound work permits. The market would no longer be missing. This paper formulates and studies this policy proposal.
Contributor:
Lokshin, Michael.
Ravallion, Martin.
Other format:
Print Version: Lokshin, Michael. The Missing Market for Work Permits
Publisher Number:
10.1596/1813-9450-9005
Access Restriction:
Restricted for use by site license.
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