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Persistent link: https://www.econbiz.de/10005314486
A labor market model is developed in which the formal sector is characterized by search frictions whereas the informal sector is competitive. We show that there exists a unique steady-state equilibrium in this dual economy. We then consider different policies financed by a tax on firms' profits....
Persistent link: https://www.econbiz.de/10005365129
We develop a search-matching model with rural-urban migration and an explicit land market. Wages, job creation, urban housing prices are endogenous and we characterize the steady-state equilibrium. We then consider three different policies: a transportation policy that improves the public...
Persistent link: https://www.econbiz.de/10009249621
We consider a model of international migration where skills of workers are imperfectly observed by firms in the host country and where information asymmetries are more severe for immigrants than for natives. Because of imperfect information, firms statistically dicriminate highly-skilled...
Persistent link: https://www.econbiz.de/10010666285
Persistent link: https://www.econbiz.de/10010636565
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