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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
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
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
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
is an element that cannot be separated from the other elements of the work market, especially from unemployment, because …. There are many causes for unemployment, causes that are to be found both at the macroeconomic level and at the microeconomic … level. In most of the cases, in an analysis that aims at finding the causes that have generated the unemployment, many …
Persistent link: https://www.econbiz.de/10005616580
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
), effective demand, and involuntary unemployment. …
Persistent link: https://www.econbiz.de/10005619911
The CFL (On-the-job Training) programme was introduced in Italy in 1985 with the aim of reducing youth unemployment …
Persistent link: https://www.econbiz.de/10005622018
An optimizing representative firm pays efficiency wages to skilled workers to produce technological innovations, which are assumed to be of labor saving type, affecting negatively the hiring rate of unskilled workers. The results are: i) The efficiency wage of skilled workers is determined by...
Persistent link: https://www.econbiz.de/10005027132