Bosnia and Herzegovina 2001-2004 : Enterprise Restructuring, Labor Market Transitions and Poverty

This paper takes stock of labor market developments in Bosnia and Herzegovina over the period 2001-2004, using the panel Living Standards Measurement Study/Living in Bosnia and Herzegovina survey. The analysis estimates a multinomial logit model of labor market transitions by state of origin (employment, unemployment, and inactivity) following the specification of widely used models of transition probabilities, and analyzes the impact of standard covariates. The results provide strong evidence that there are indeed significant differences in labor market transitions by gender, age, education, and geographic location. Using the panel structure of the multi-topic survey data, the authors find that these transitions are related to welfare dynamics, with welfare levels evolving differently for various groups depending on their labor market trajectories. The findings show that current labor market trends reflecting women's movement out of labor markets and laid-off male workers accepting informal sector jobs characterized by low productivity will lead to adverse social outcomes. These outcomes could be averted if the planned enterprise reform program creates a more favorable business environment and leads to faster restructuring and growth of firms.

Bibliographic Details

Main Authors:	Tiongson, Erwin R., Yemtsov, Ruslan
Format:	Policy Research Working Paper biblioteca
Language:	English
Published:	World Bank, Washington, DC 2008-01
Subjects:	ACCOUNTING, AGGREGATE UNEMPLOYMENT, AVERAGE UNEMPLOYMENT, AVERAGE WAGE, AVERAGE WAGES, BANKRUPTCY, CALCULATION, CONTINUED EMPLOYMENT, CONTRIBUTIONS, DEMOGRAPHIC GROUPS, DEVELOPMENT BANK, DISABILITY, DISABILITY INSURANCE, DISMISSAL, DISPLACED WORKERS, DRIVERS, EARNINGS, EARNINGS INEQUALITY, ECONOMIC ACTIVITY, ECONOMIC BENEFITS, ECONOMIC GROWTH, ECONOMIC MANAGEMENT, ECONOMIC TRANSITION, ECONOMICS, ECONOMIES IN TRANSITION, EDUCATIONAL ATTAINMENT, EMPLOYMENT, EMPLOYMENT DYNAMICS, EMPLOYMENT GENERATION, EMPLOYMENT GROWTH, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT OUTCOMES, EMPLOYMENT STATUS, ENTERPRISE OWNERSHIP, ENTREPRENEURIAL ACTIVITIES, EXCHANGE RATES, FAMILY MEMBERS, FEMALE WORKERS, FINANCIAL ASSISTANCE, FINANCIAL SECTOR, FORMAL LABOR MARKET, FORMAL SECTOR WAGE, FORMAL SECTOR WAGES, GENDER DIFFERENCES, GENDER DIFFERENTIALS, GOVERNMENT POLICIES, HEALTH SERVICES, HIGH SCHOOL EDUCATION, HIGH UNEMPLOYMENT, HIGH UNEMPLOYMENT RATES, HOUSEHOLD SURVEY, INCIDENCE OF POVERTY, INCOME, INDUSTRIAL RELATIONS, INFLATION, INFLATION RATES, INFORMAL EMPLOYMENT, INFORMAL LABOR MARKET, INFORMAL SECTOR, INFORMAL SECTOR WORKERS, INSURANCE, JOB CREATION, JOB DESTRUCTION, JOB OPPORTUNITIES, JOB SEARCH, JOBS, LABOR ADJUSTMENT, LABOR CONTRACT, LABOR COSTS, LABOR FORCE, LABOR FORCE PARTICIPATION, LABOR MARKET, LABOR MARKET ADJUSTMENT, LABOR MARKET DEVELOPMENT, LABOR MARKET INDICATOR, LABOR MARKET INDICATORS, LABOR MARKET OUTCOMES, LABOR MARKET PERFORMANCE, LABOR MARKET PERSPECTIVE, LABOR MARKET TRANSITION, LABOR MARKET TRANSITIONS, LABOR MARKETS, LABOR PRODUCTIVITY, LABOR REALLOCATION, LABOR STATISTICS, LABOUR, LABOUR MARKET, LABOUR MARKETS, LABOUR OFFICE, LARGE ENTERPRISES, LEVEL PLAYING FIELD, LIVING STANDARDS, LOCAL LABOR MARKETS, LONG TERM UNEMPLOYMENT, LONG-TERM UNEMPLOYMENT, LONGTERM UNEMPLOYMENT, MALE WORKERS, MARITAL STATUS, MARKET ECONOMIES, MARKET ECONOMY, MARKET TRENDS, MUNICIPALITIES, NOW ACCOUNTS, NUMBER OF WORKERS, OLDER WORKERS, PAID WORKERS, PEACE, PENSION, PENSION CONTRIBUTIONS, PENSION FUND, PERSISTENT UNEMPLOYMENT, POLICY RESEARCH, POLICY RESEARCH WORKING PAPER, POLITICAL ECONOMY, POOR WOMEN, POVERTY RATE, POVERTY REDUCTION, POVERTY REDUCTION STRATEGIES, PREVIOUS SECTION, PRIME AGE, PRIVATE ENTERPRISES, PRIVATE FIRMS, PRIVATE SECTOR, PRIVATE SECTOR FIRMS, PRIVATE TRANSFERS, PRIVATIZATION, PROBABILITIES, PROBABILITY, PRODUCTION PROCESSES, PRODUCTIVITY GROWTH, PROGRESS, PUBLIC ENTERPRISES, PUBLIC OPINION, PUBLIC POLICY, PUBLIC SECTOR EMPLOYMENT, REAL WAGE, REAL WAGES, RESPECT, SAFETY, SAFETY NET, SALE, SELF-EMPLOYMENT, SOCIAL COSTS, SOCIAL IMPACT, SOCIAL PROGRESS, STABLE UNEMPLOYMENT RATE, STATE ENTERPRISES, STATE-OWNED ENTERPRISES, TOTAL EMPLOYMENT, TOTAL UNEMPLOYMENT, TRANSITION ECONOMIES, TRANSPORT, UNEMPLOYED, UNEMPLOYED POOR, UNEMPLOYED WORKERS, UNEMPLOYMENT, UNEMPLOYMENT FIGURE, UNEMPLOYMENT INDICATORS, UNEMPLOYMENT RATE, UNEMPLOYMENT RATES, USE OF RESOURCES, VALUABLE, WAGE DETERMINATION, WAGE DISTRIBUTION, WAGE FLOORS, WAGE GROWTH, WAGE INCREASE, WAGE INCREASES, WAGE INEQUALITY, WAGE LEVELS, WESTERN EUROPE, WORKER, WORKING AGE, WORKING AGE POPULATION, WORKING POOR, WORKING-AGE POPULATION, YOUNG WORKERS, YOUNGER WORKERS, YOUTH UNEMPLOYMENT, YOUTH UNEMPLOYMENT RATES,
Online Access:	http://documents.worldbank.org/curated/en/2008/01/8946998/bosnia-herzegovina-2001-2004-enterprise-restructuring-labor-market-transitions-poverty http://hdl.handle.net/10986/6480
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