This paper attempts to formalise and integrate the roles of "rural push" and "urban pull" factors in rural-urban migration and urban unemployment. Perpetual indebtedness of the peasantry and a monopolistic moneylender, combined with the Harris-Todaro framework, constitute the model. Analysis...

This paper attempts to formalise and integrate the roles of "rural push" and "urban pull" factors in rural-urban migration and urban unemployment. Perpetual indebtedness of the peasantry and a monopolistic moneylender, combined with the Harris-Todaro framework, constitute the model. Analysis...