open unemployment in a developing economy in terms of a three sector Harris-Todaro (1970) type general equilibrium model … reflected in the wage rigidity in this sector, which leads to the simultaneous existence of open unemployment and an urban … contraction) of the urban sector of the economy. This policy is likely to ameliorate (aggravate) the problem of urban unemployment …

unemployment in a developing economy in terms of a three sector Harris-Todaro type general equilibrium model. Following empirical … unemployment and an urban informal sector in the migration equilibrium. The paper deserves special attention for its interesting …

how this framework can generate changes in unemployment and labor participation that match those uncovered by the … empirical literature studying the "China shock." We find that the China shock leads to average welfare increases in most U ….S. states, including many that experience unemployment during the transition. However, nominal rigidities reduce the overall U …