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Job-search and foreign capital inflow - a three sector general equilibrium analysis

Chaudhuri, Sarbajit; Bandopadhyay, Titas Kumar - Volkswirtschaftliche Fakultät, … - 2012

foreign capital in the urban formal sector on unemployment and social welfare crucially hinge on the relative factor …’s twin objectives of improvement in social welfare and mitigation of the urban unemployment problem. These results are … extremely crucial from the view of policymaking in an unemployment plagued, low-income developing economy. …

Persistent link: https://www.econbiz.de/10011259840

Revisiting the Informal Sector: A General Equilibrium Approach

Chaudhuri, Sarbajit; Mukhopadhyay, Ujjaini - Volkswirtschaftliche Fakultät, … - 2009

evidences indicating its dynamic character and its instrumental role in ameliorating unemployment and propelling the developing … into the diverse aspects of the ‘multidimensional’ informal sector, its role in the context of unemployment, child labour …

Persistent link: https://www.econbiz.de/10011259973

Economic Reforms and Gender-based Wage Inequality in the Presence of Factor Market Distortions

Chaudhuri, Sarbajit; Roychowdhury, Somasree - Volkswirtschaftliche Fakultät, … - 2014

A simple three-sector general equilibrium model has been developed with both male and female labour and factor market distortions. The effects of different liberalized economic policies have been examined on the gender-based wage inequality. The analysis finds that credit market reform and...

Persistent link: https://www.econbiz.de/10011109795

Recession in the Skilled Sector and Implications for Informal Wage

Marjit, Sugata; Chaudhuri, Sarbajit; Kar, Saibal - Volkswirtschaftliche Fakultät, … - 2009

Global recession is likely to hit the skilled sector or the so-called white goods, white collared sector in a typical developing economy. In this paper we try to analyze the impact of such an event on informal wage as the vast majority of the workforce in the developing world is employed in the...

Persistent link: https://www.econbiz.de/10008559291

Increasing returns in matching and labour market dynamics: Comments on indeterminacy and search theory

Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2015

the social elasticity of the matching function with respect to unemployment. …

Persistent link: https://www.econbiz.de/10011157018

Expectations, employment and prices: a suggested interpretation of the new 'farmerian' economics

Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2010

This paper aims at providing a critical assessment of the new ‘Farmerian’ economics, i.e. the recent Farmer’s attempt to provide a new micro-foundation of the General Theory grounded on modern search and business cycle theories. Specifically, I develop a theoretical model that summarizes...

Persistent link: https://www.econbiz.de/10009021709

A demand-driven search model with self-fulfilling expectations: The new `Farmerian' framework under scrutiny

Gelain, Paolo; Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2014

In this paper, we implement Bayesian econometric techniques to analyze a theoretical framework built along the lines of Farmer's micro-foundation of the General Theory. Specifically, we test the ability of a demand-driven search model with self-fulfilling expectations to match the behaviour of...

Persistent link: https://www.econbiz.de/10011109526

On involuntary unemployment: notes on efficiency-wage competition

Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2012

This paper introduces a model of efficiency-wage competition along the lines put forward by Hahn (1987). Specifically, I analyse a two-firm economy in which employers screen their workforce by means of increasing wage offers competing one another for high-quality employees. The main results are...

Persistent link: https://www.econbiz.de/10011109551

The Cyclical Volatility of Equilibrium Unemployment and Vacancies: Evidence from Italy

Cardullo, Gabriele; Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2013

In this paper, we explore the fluctuations of unemployment and vacancies in the Italian labour market over the last … line with previous findings on the unemployment volatility puzzle, we find that the labour market tightness indicator is …

Persistent link: https://www.econbiz.de/10011111175

Fair Wage Hypothesis, International Factor Mobility and Skilled-Unskilled Wage Inequality in a Developing Economy

Chaudhuri, Sarbajit; Banerjee, Dibyendu - Volkswirtschaftliche Fakultät, … - 2008

production on the skilled-unskilled wage inequality and unemployment of skilled labour in a developing economy have been analyzed …

Persistent link: https://www.econbiz.de/10005836264