Showing 1 - 10 of 11
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
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
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
economy using a three-sector general equilibrium model with simultaneous existence off unemployment of both skilled and … mitigates unemployment problem of both types of labour. The paper theoretically justifies the desirability of flow of FDI in …
Persistent link: https://www.econbiz.de/10008550549
unemployment of skilled labour in a developing economy. The unskilled workers are fully employed but there is imperfection in the … labour and their efficiency depends on the relative income distribution and the unemployment rate. The analysis finds that an … inflow of foreign capital worsens the relative wage inequality but lowers the unemployment of skilled labour. It provides an …
Persistent link: https://www.econbiz.de/10005619313
We introduce international labor mobility in a three-sector general equilibrium model with rural-urban migration. We demonstrate that under some reasonable conditions an inflow of foreign skilled labor (capital) can reduce skilled-unskilled wage inequality.
Persistent link: https://www.econbiz.de/10005619981
The paper develops a three-sector general equilibrium model that can explain simultaneous existence of unemployment of … both skilled and unskilled labour. The unemployment of unskilled labour is explicated in terms of rural-urban migration … (FDI) in the primary export sector improve both national welfare and urban unemployment problem of unskilled labour while …
Persistent link: https://www.econbiz.de/10008578248
This paper has developed a three-sector general equilibrium framework that explains unemployment of both skilled and … unskilled labour. Unemployment of unskilled labour is of the Harris-Todaro (1970) type while unemployment of skilled labour is …-unskilled wage inequality and the extent of unemployment of both types of labour crucially hinge on the properties implied by the …
Persistent link: https://www.econbiz.de/10008578302
unemployment. To this goal, we develop a schumpeterian model of endogenous growth: agents have the choice between employment and R … and D activities. Unemployment is caused by the wage-setting behavior of unions. We show that: (i) Increases in the labor … costs or in the power of trade unions lead to higher unemployment and lower economic growth. (ii) Efficient bargain allows …
Persistent link: https://www.econbiz.de/10008837910
The present paper develops a three sector Harris-Todaro (1970) type general equilibrium model of unemployment by … effects of the inflows of foreign capital on the level of unskilled unemployment and skilled-unskilled wage inequality. We … find that an inflow of foreign capital raises the skilled- unskilled wage gap and lowers the level of unemployment of the …
Persistent link: https://www.econbiz.de/10011109461