Jamaica: Employer size and worker remuneration in the private sector

Includes bibliography.Evidence suggests that labour markets do not clear as posited by conventional microeconomics. The enduring inter-industry wage differentials (IIWD) and employer-size wage differentials (ESWD) present a challenge. Data from the Jamaican private sector reveal that eswd could be the impetus for IIWD. After accounting for labour quality and other characteristics, employers with 10 to 49 employees and 50 or more employees pay estimated premiums of 14.3% and 22.9%, respectively. After estimating the differences in tenure profiles, the premium associated with the largest employer size was reduced to 15.9%, while the premium associated with establishments of 10 to 49 workers was unchanged. Notwithstanding the partial explanation provided by tenure profile differences, the bulk of the ESWD appears to be explained by other theoretical constructs

Jamaica: tamaño de las empresas y remuneración laboral en el sector privado

Los datos sugieren que los mercados laborales no encuentran el equilibrio según la microeconomía tradicional. Las persistentes desigualdades salariales intersectoriales y aquellas derivadas del tamaño de la empresa constituyen un desafío. Los datos del sector privado de Jamaica revelan que las desigualdades salariales según tamaño de la empresa podrían promover desigualdades intersectoriales. Al considerar la calidad de la mano de obra y otras características, se descubre que las empresas con 10 a 49 empleados y aquellas con 50 o más pagan primas estimadas de 14,3% y 22,9%, respectivamente. Tras estimar las diferencias en los perfiles de permanencia laboral, la prima vinculada a empresas mayores se redujo al 15,9%, y no varió la vinculada a empresas con 10 a 49 trabajadores. No obstante la explicación parcial proporcionada por los diferentes perfiles de permanencia laboral, el grueso de las desigualdades salariales según tamaño de la empresa parece obedecer a otras construcciones teóricas

"Global Voices on Regional Integration." ZEI Discussion Paper No. 176, 2007

[From the Introduction]. Regional Integration offers great opportunities for the countries involved in the process. This has been one of the consensus findings of the first Summer Academy in Comparative Regional Integration at the Center for European Integration Studies (ZEI), sponsored by the German Academic Exchange Service (DAAD) with funds of the German Federal Foreign Office. The Summer Academy gathered young academics from Africa, Asia, Latin America and the Caribbean to analyze a wide range of issues dealing with regional integration. This unique program was initiated by ZEIDirector Prof. Dr. Ludger Kühnhardt with the objective of strengthening the knowledge of young academics in matters of regional integration with regard to regional groupings around the world. Through lectures, workshops, discussions and a simulation the Summer Academy enabled 30 participants from 25 countries outside of Europe to develop problem-oriented approaches for deeper integration in their own region and to estimate the European Union’s capacity to serve as a role model