Working Paper

Economic Analysis of Jobs Investment Projects

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collection.link.213
https://openknowledge.worldbank.org/handle/10986/11866
collection.name.213
Other papers
dc.contributor.author
Robalino, David A.
dc.contributor.author
Walker, David Ian
dc.date.accessioned
2017-09-07T21:12:27Z
dc.date.available
2017-09-07T21:12:27Z
dc.date.issued
2017-08-01
dc.description.abstract
This Note systematizes the economic evaluation of Jobs Investment Projects. It explains the limitations of past approaches that have regarded jobs only as a by-product of growth. It focuses on market failures that create a gap between the social and private return on investments and reduce the number of good jobs below the socially optimal level. Two of these market failures are: labor externalities arising from the divergence between the market price and opportunity cost of labor; and social jobs externalities linked to improved jobs outcomes for groups such as youth, women, and the extreme poor. These externalities can amplify other market failures such as learning spillovers and coordination failures. The analysis is integrated within a Cost-Benefit framework, to facilitate decision making around jobs investment programs. The Note discusses applications to different sorts of projects: those that focus on improving the labor supply and labor market matches; those that focus on strengthening firms' demand for labor; and integrated projects, that include both types of interventions.
en
dc.identifier
http://documents.worldbank.org/curated/en/895201503905451711/Economic-analysis-of-jobs-investment-projects-guidance-note
dc.identifier.uri
http://hdl.handle.net/10986/28219
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Jobs Working Paper;No. 7
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
JOBS
dc.subject
LABOR MARKET
dc.subject
EXTERNALITIES
dc.title
Economic Analysis of Jobs Investment Projects
en
dc.type
Working Paper
en
okr.date.disclosure
2017-08-28
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Working Paper
okr.docurl
http://documents.worldbank.org/curated/en/895201503905451711/Economic-analysis-of-jobs-investment-projects-guidance-note
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b084f2c8d0_4_0
okr.identifier.internaldocumentum
27936461
okr.identifier.report
119112
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/895201503905451711/pdf/119112-replacement.pdf
en
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Rural Development :: Rural Labor Markets
okr.topic
Social Protections and Labor :: Labor Markets
okr.topic
Social Protections and Labor :: Labor Policies
okr.topic
Social Protections and Labor :: Skills Development and Labor Force Training
okr.unit
JOBS- CCSA - IBRD (GPSJB)

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