Department of Economics and Finance

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    Wage Mobility dynamics in the Indian Labour Market: A Pseudo Panel Approach
    (Indian Econometric Society, 2019) Padhi, Balakrushna
    The degree of mobility in wages is conceived as an important indicator to gauge flexibility and freedom in the labour market and equality of opportunity in a society. This paper aims to encompass evidence on wage distribution and inequality with micro-mobility measures for the Indian labour market, by applying pseudo-panel methodology. This study presents the pseudo panel method to study and examine crucial aspect of individual earning dynamics using repeated cross-sectional datasets of NSSO employment and unemployment rounds since last two decades (1993-94 to 2011-12).
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    Labour Force and Employment Growth in India Evidence from the EUS (2011–12) and PLFS (I and II)
    (Economic Political Weekly, 2021-11) Padhi, Balakrushna
    Employment is one of the key building blocks of Indian development policy (Papola and Sahu 2012). Driving growth in the labour and workforce is a critical challenge for Indian policymakers and is a hotly contested issue in political and academic debates. Creating decent job opportunities outside of the agricultural sector has been one of the biggest challenges to confront policymakers in recent decades in their attempts to achieve faster and more inclusive growth. In this regard, India’s low employment growth, termed “jobless growth,” in a phase of high-income growth, has sparked intense debates in the Indian labour market since the turn of the 20th century (Mehrotra et al 2012; Kannan and Raveendran 2009; Srivastava 2016).
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    Gender-Based Wage Discrimination in Indian Urban Labour Market: An Assessment
    (Springer, 2019-08) Padhi, Balakrushna
    This study attempts at verifying the pattern of the wage gap between gender in India’s urban labour market using NSS 50th (1993–1994), 61st (2004–2005), and 68th (2011–2012) Employment and Unemployment Surveys. The wage gap between sexes in the urban labour market is verified among the regular and casual workers over a period of two decades (1993–1994 to 2011–2012). Using Blinder–Oaxaca decomposition as well as Recentered Influence Function (RIF) quintile decomposition analysis, it is observed that there is a male bias in wages in both the categories, namely, regular and casual workers. Female workers are also at a disadvantaged position via-a-vis male counterparts, and there is considerable disparity exists with regards to employment and earning standard between sexes. The decomposition exercise shows that the role of the discrimination component effect is larger than that of the endowment component across the regular and casual workers. Controlling for characteristic homogeneity, it is observed that female workers have a systematic wage disadvantage against their male counterparts in the urban labour market of India.
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    Youth Labour Market in India: Opportunities and Choices
    (IGI Global, 2020) Krishna, M.
    Sustainable Development Goals (SDGs) 2030 prioritizes active engagement of youth in achieving the targets. Aligning the pathway towards achieving youth specific SDGs (Target 4.4 and 8.5), the study examines the current situation of the youth labour market in India. For this purpose, the study analyzes National Sample Survey data on employment and unemployment from 50th round (1993/94) to 68th round (2011/12). The study engages trend analysis of key indicators of labour market. Logistic regression is applied to address the magnitude of socio-economic and demographic determinants on youth employment. The study finds an overall decline in the employment status of youth despite the ongoing demographic dividend phase. Postgraduate and graduate youth witness the highest unemployment indicating a grim role of labour market in engaging the educated youth. The findings raise concern for achieving the targets of SDGs, as a high share of educated youth strives for decent and gainful employment.
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    Are Unpaid Women Willing to Work in the Labour Market? Evidence from India
    (Bridgewater State University, 2022) Krishna, M.
    India has set an ambitious target of achieving a US$5 trillion economy by 2025. However, a steady increase, perhaps even more rapid in recent years, in women’s participation in unpaid domestic work poses a grave threat to India’s economic development. Significantly, the extent of women’s participation in unpaid domestic work ballooned in India, recording a quantum leap from 200 million in 2004–05 to 287 million in 2017–18. The main aim of this paper is to examine the role of socio-economic factors in explaining the willingness of unpaid women to undertake work in the labour market, using data from unit-level records of employment and unemployment and labour force surveys. This study shows that, despite engaging in routine household chores, about one-third of unpaid women are willing to take up work in the labour market. Moreover, the majority of women engaged in unpaid domestic work in India have no choice but to do this work due to the socio-economic constraints. From a policy perspective, governments should encourage unpaid women who are willing to participate in the labour market to do so, by reinforcing gender-focused measures such as provision of basic facilities, public childcare, easy access to credit facilities for entrepreneurial activities, and invigorating technical education and vocational training.