Redefining Employment and Labor Market Dynamics in Developing Countries

The process that economists call labour market dynamics lets workers improve their lives by switching jobs. But do our assumptions about it apply in LMICs? Because if the dynamics are different, then maybe the policies should be different as well. Kevin Donovan and Todd Schoellman tell Tim Phillips about the surprising evidence they discovered about labour market flows, and why it might lead us to rethink job creation policy in LMICs.