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Job creation in a multi-sector labor market model for developing economies

Basu, Arnab K.; Chau, Nancy H.; Fields, Gary S.; … - 2016

in two distinct inverted U‐shaped relationships between unemployment and high‐wage employment, one for youth and a … exacerbates unemployment. Our richer setting allows for generational differences in the motivations for job search to be reflected … different one for adults. In turn, the relationship between overall unemployment and high‐wage employment is shown to be non …

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