Wages of chagrin. (2016, April 07). The Economist. Retrieved from https://www.economist.com/finance-and-economics/2016/04/07/wages-of-chagrin
This article from The Economist discusses:
Naidu, S., Nyarko, Y., & Wang, S. Y. (2016). Monopsony Power in Migrant Labor Markets: Evidence from the United Arab Emirates. Journal of Political Economy, 124(6), 1735-1792.
Naidu, S., Nyarko, Y., & Wang, S. Y. (2016). Monopsony Power in Migrant Labor Markets: Evidence from the United Arab Emirates. Journal of Political Economy, 124(6), 1735-1792. See slides for this paper
By exploiting a reform in the United Arab Emirates that relaxed restrictions on employer transitions, we provide new estimates of the monopsony power of firms over migrant workers.
Joseph, T., Nyarko, Y., & Wang, S. Y. (2018). Asymmetric Information and Remittances: Evidence from Matched Administrative Data. American Economic Journal: Applied Economics, 10(2), 58-100.
Using new large-scale, administrative data matching remittances and monthly payroll disbursals, we demonstrate how migrants’ earnings in the United Arab Emirates affect their remittances.
Nyarko, Y. (2013). The Economic Development Benefits of Human Mobility to Source Countries. Labor Mobility, an Enabler for Sustainable Development. Emirates Center for Strategic Studies and Research (ECSSR) Conference, 49-67.
Labor mobility is particularly significant in the case of the GCC; the region is host to around 15 million expatriate workers who generate US $80 billion in annual remittances each year and support and estimate 150 million dependents in their various home countries.
Nyarko, Y. (2010). The United Arab Emirates: Some Lessons in Economic Development, Working Paper (No. 2010/11). World Institute for Development Economics Research. Republished in Achieving Development Success: Strategies and Lessons from the Developing World, edited by Augustin K. Fosu, Oxford University Press, 2013.
Oil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has ben able to transform itself into a rapidly modernizing country, which is fast becoming a major economic hub and a key player on the international economic landscape.