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This textbook is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined....
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This study assesses the empirical relevance of the Harris-Todaro model at high levels of urbanization a feature that characterizes an increasing number of developing countries, which were largely rural when the model was created 50 years ago. Using data from Brazil, the paper compares observed...
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Theoretical Foundations: A General Equilibrium Approach -- The Harris-Todaro Migration Model and Introduction of the Informal Sector -- Informal Sector and Open Unemployment -- Foreign Capital Inflow, Informal Sector and Welfare -- How and How Far to Liberalise a Developing Economy -- Economic...
Persistent link: https://www.econbiz.de/10013522734
We survey the recent literature studying the effects of globalization on inequality in Latin America. Our focus is on research emerging from the late 2000s onward, with an emphasis on empirical work considering new mechanisms, studying new dimensions of inequality, and developing new...
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This paper documents how informal employment in Mexico is countercyclical, lags the cycle and is negatively correlated … to formal employment. This contributes to explaining why total employment in Mexico displays low cyclicality and … formal and informal labor markets, and the model is calibrated to Mexico. The model performs well in terms of matching …
Persistent link: https://www.econbiz.de/10011286686
Seguro Popular (SP) was introduced in 2002 to provide health insurance to the 50 million Mexicans without Social Security. This paper tests whether the program has had unintended consequences, distorting workers’ incentives to operate in the informal sector. The analysis examines the impact of...
Persistent link: https://www.econbiz.de/10011303278