Formal and informal institutions in the labor market, with applications to the construction sector in Egypt

Ragui Assaad

    Research output: Contribution to journal › Article

    38 Citations (Scopus)

    Abstract

    Urban labor markets that are characterized by the absence or ineffectiveness of regulation by legal and bureaucratic institutions can nonetheless be subject to powerful institutional forces based on customary norms, group cohesion, kinship, and social networks. Using insights derived from the New Institutional Economics, this argument is illustrated with three examples from the construction labor market in Egypt, where formal and informal institutions performing similar functions are contrasted. In each case the informal institution is found to be significantly more important in shaping labor market relations.

    Original languageEnglish (US)
    Pages (from-to)925-939
    Number of pages15
    JournalWorld Development
    Volume21
    Issue number6
    DOIs
    StatePublished - Jan 1 1993

    Fingerprint

    labor market
    Egypt
    institutional economics
    kinship
    social network
    group cohesion
    cohesion
    regulation
    economics
    Labour market
    Construction sector
    Informal institutions
    Formal institutions
    Social networks
    New institutional economics
    Urban labor markets
    Kinship
    Group cohesion
    norm

    Cite this

    Formal and informal institutions in the labor market, with applications to the construction sector in Egypt. / Assaad, Ragui.

    In: World Development, Vol. 21, No. 6, 01.01.1993, p. 925-939.

    Research output: Contribution to journal › Article

    Assaad, R 1993, 'Formal and informal institutions in the labor market, with applications to the construction sector in Egypt', World Development, vol. 21, no. 6, pp. 925-939. https://doi.org/10.1016/0305-750X(93)90052-B
    Assaad R. Formal and informal institutions in the labor market, with applications to the construction sector in Egypt. World Development. 1993 Jan 1;21(6):925-939. https://doi.org/10.1016/0305-750X(93)90052-B
    Assaad, Ragui. / Formal and informal institutions in the labor market, with applications to the construction sector in Egypt. In: World Development. 1993 ; Vol. 21, No. 6. pp. 925-939.
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