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The objective of this paper is to re-examine the impact of universal education policy on the incidence of child labour and on the adult unemployment in a job-search model. The paper assumes the double role played by the universal education programme. It raises the number of school going children...
Persistent link: https://www.econbiz.de/10005408244
This paper incorporates informal sector and efficiency wage relation in a mobile capital H-T(1970) model. The simultaneous existence of the urban informal sector and the urban unemployment has been explained interms of such efficiency wage relation. Two different versions have been considered in...
Persistent link: https://www.econbiz.de/10005556721
The purpose of this paper is to examine the Fields (1989) proposition1 in a multi sector general equilibrium model with perfect and imperfect capital mobility2. The effects of different fiscal policies on the equilibrium rate of urban unemployment are also examined here3. The main findings are...
Persistent link: https://www.econbiz.de/10005556734
We consider a three sector model of informal sector which assumes efficiency wage hypothesis and explains the simultaneous existence of informal sector and urban unemployment. We also study the effects of subsidy policies given to different sectors and the effects of change in capital stock on...
Persistent link: https://www.econbiz.de/10005556735
:- We consider a small open Harris-Todaro economy with a rural foreign enclave and urban informal sector. We introduce consumption- efficiency relation to explain the simultaneous existence of informal sector and urban unemployment. Different types of immobility and mobility of capital are...
Persistent link: https://www.econbiz.de/10005556743