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Working paper
The Informal Economy and Collective Cooperation in India: Lessons from Ela Bhatt
(kassel university press, 2021-01)
Increasing informality and inequality have been recognised as the two primary outcomes of the twenty-first century globalisation. With growing intensity of the two problems, the world seems to be returning to the nineteenth-century precarious conditions in the world of work. Absence of judiciable status of the worker in informal economy has caused widespread violations of workers’ rights. Consequently, all the protective legislations and ILO standards have failed to extend the desired protection to informal workers, ...
Working paper
The rational of minimum wages
(kassel university press, 2021-03)
Leaving labour markets to the market mechanism with flexible wages is the worst thing that can happen as the result would be a permanent destabilisation of the price level and an explosion of inequality—both of which adds to the instabilities of capitalism. Guarantee of minimum wages can play an important role to contain the destabilising potential of labour markets. They can add to the stability of price level development and help establish a type of wage dispersion preferred by society. Minimum wages do not lead ...
Working paper
Determinants and Forecasting of Female Labour Force Participation Rate in India: Testing of Feminization U hypothesis
(kassel university press, 2020-06)
Greater involvement of women within the labour force has economic and social impact. The Female Labour Force Participation Rate (FLFPR) for India remains appallingly low at around 27%, while the male labour force participation rate has been 79.9%. In India, during 1990–2016, the FLFPR (% of female population age 15+) showed a declining trend.
In this paper, the determinants of FLFPR for India have been estimated using regression analysis for the time period 1990–2016. Data on all the relevant variables have been ...