- Volume 10, Number 4 (2023)
ADAPTIVE AGRICULTURE: PERUVIAN FARMERS' STRATEGIES AMID CLIMATE SHIFTS
Elena Morales Garcia Maria, Luis Rodriguez Alejandro
The Indonesian retail sector is experiencing rapid growth, but the development of the furniture retail sector is hindered by supply chain-related problems. Supply chain management (SCM) is a business strategy that integrates the flow of materials, information, and finances through the entire supply chain. The successful implementation of SCM can improve the relationship between upstream suppliers and downstream customers, thus improving customers' satisfaction and company performance.
UNVEILING RENT-SEEKING: EXPLORING PUBLIC SECTOR BEHAVIOR IN US STATE CONTEXT
Andreevna Sokolova Ekaterina, Ivanovich Petrov Sergei
This paper studies the compensation premiums paid to public sector workers in excess of their peers in the private sector for the years 2011-15. We call such excess rewards "horizontal rents." We find that public sector workers in the U.S. earn an average of 10% more than their private sector peers, after controlling for education, skills, age, work experience, professional occupation, and other observable characteristics. We also find that the size of the horizontal rent varies across different states and levels of government.
SOMALIA'S EMPLOYMENT PUZZLE: UNDERSTANDING YOUTH UNEMPLOYMENT POST-GRADUATION
Jama Abdi Ayan, Ali Hassan Farah
Graduate unemployment is a serious problem in many countries, and Somalia is no exception. The country has an estimated youth unemployment rate of over 70%, which is one of the highest in the world. This problem has a number of negative consequences, including poverty, crime, and social unrest. The causes of graduate unemployment in Somalia are complex and include factors such as the lack of a strong economy, the poor quality of education, and the lack of opportunities for young people. There are a number of potential solutions to this problem, including increasing investment in education and job creation, and...
MAPPING COMPENSATION PATTERNS: HORIZONTAL RENTS IN US STATE PUBLIC SECTORS
Petrovich Sokolov Ivan, Sergeevich Popov Mikhail
Contemporary discussions surrounding income inequality primarily revolve around the concept of "unearned" incomes, where the affluent accumulate wealth from the labor of the less privileged. However, this paper posits that there are additional income disparities that warrant attention, characterized as "unearned" or unwarranted concerning economic fairness and efficiency. This study delves into a specific category of such potentially unmerited income disparities: the compensation premiums provided to public sector employees, which surpass the remuneration of their counterparts in the private sector during the period 2011-2015. We term these additional rewards as "horizontal rents," distinguishing them from the "top rents" acquired by...