Cornell University, USA, and IZA, Germany
IZA World of Labor role
Author
Current position
Professor, Charles H. Dyson School of Applied Economics and Management, Cornell University
Research interest
Behavioral economics and decisions research; emerging markets and development
Past positions
Director of Graduate Studies: Field of Applied Economics and Management, Cornell University, USA; Professor, Department of Economics, College of William & Mary, USA (August 2010–July 2013)
Qualifications
PhD in Economics, The Johns Hopkins University, 1998
Selected publications
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“Contract employment as a worker discipline device.” Journal of Development Economics 149 (2021) (with N. H. Chau and V. Soundararajan).
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“Contract employment in developing countries.” In: Zimmermann K. F. (eds). Handbook of Labor, Human Resources and Population Economics. Cham: Springer, 2021 (with N. H. Chau and V. Soundararajan).
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“Rethinking border enforcement, permanent and circular migration.” Economic Modelling 108 (2022) (with N. H. Chau and B. Park).
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“Offshoring to a developing nation with a dual labor market.” Federal Reserve Bank of St. Louis Review 102:3 (2020): 237–253 (with S. Bandopadhyay, N. H. Chau, and D. Mitra).
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“Paying for freedom: Indentured labour and strategic default.” Economic Modelling 89 (2020): 502–511 (with P. Bose and R. Compton).
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Offshoring and labor markets in developing countries
Lessons learned and questions remaining about offshoring and labor markets in developing countries
Arnab K. BasuNancy H. Chau, September 2022Developing countries are often seen as unquestionable beneficiaries in the phenomenal rise of global value chains in international trade. Offshoring—the cross-border trade in intermediate goods and services which facilitate country-level specialization in subsets of production tasks—enables an early start in global trade integration even when the requisite technology and knowhow for cost-effective production from scratch to finish are not yet acquired. A growing economics literature suggests a more nuanced view, however. Policymakers should be mindful of issues related to inequality across firms and wages, labor standards, and effects of trade policy.MoreLess