The University of Manitoba campuses are located on original lands of Anishinaabeg, Ininew, Anisininew, Dakota and Dene peoples, and on the National Homeland of the Red River Métis. More
University of Manitoba
Winnipeg, Manitoba Canada, R3T 2N2
Economics studies the choices that individuals, governments and corporations make using limited resources and under uncertainty. Our students gain analytical skills and a historical perspective as we analyze complex topics including employment, health, environment, commodity prices, economic growth and more.
Our strength lies in our range, diversity and strong commitment to an open and inclusive intellectual environment. We offer a full range of modern programs from a variety of critical perspectives at both the undergraduate and graduate levels.
Undergraduate students in Economics may be eligible for awards including:
Undergraduate students in Economics can apply for awards such as the:
Visit the Awards database to find details on each award.
Graduate students in Economics may be eligible for awards such as:
Check the Graduate Awards database to find details.
The UMES provides students with a common interest in economics the opportunity to engage and participate in the growth and development of the community through talks and student representation.
Undergraduate students have the opportunity to work with our leading faculty researchers and gain valuable experience.
Each year the Department of Economics hosts a variety of lectures and other events. These include seminars, panel discussions, invited lectures, brownbag lunch talks and honours and graduate student conferences. The Economics Seminar Series supports the interaction of ideas and intellectual discussion of economics from a variety of perspectives. It has been running for over 50 years and is the oldest in the Faculty of Arts.
Friday, November 22, 2024
2:30 p.m. - 4:00 p.m.
307 Tier Building
Developing countries have more self-employment and less wage employment than developed countries. Along these lines, this paper documents two interesting facts. First, self-employed and wage-employed have distinguishable occupational distributions in low-income countries, with the self-employed concentrating on home-production-related occupations. Second, the decrease in home-production-related self-employment is the primary driver of the decline in the self-employment rate along the development path. Given the enormous amount of the self-employed in developing countries, it is essential to understand how policies affect the size of the wage and the self-employment sectors. This paper builds a simple heterogeneous agent model with occupational choice. My innovation is to assume that the self-employed and the wage-employed produce different goods, in line with the empirics. The model calibrated to Tanzania shows that with a realistic elasticity of substitution between goods produced by two sectors, occupational choice in response to corporate tax cuts is only 1/3 as elastic as in a case with very high substitutability. The rationale is that when the wage and self- employment sectors provide goods that are harder to substitute, a reduction in the supply of home production substitutes increases its price, making self-employment more attractive, thus weakening the effectiveness of those policies.
501 Fletcher Argue Building
204-474-9207
economics@umanitoba.ca
Department of Economics
Room 501 Fletcher Argue Building
15 Chancellors Circle
University of Manitoba (Fort Garry campus)
Winnipeg, MB R3T 5V5 Canada
