fair wages. The model is used inter alia to analyse the labour market effects of changes in unemployment benefits and the …In this paper we develop a model of a multi-sector multi-factor small open economy with involuntary unemployment due to …

similarity of the pattern of segmentation across 66 different countries. The paper goes on to consider how unemployment might be … understood in a labor market segmentation framework. Existing models of unemployment in a dual labor market suggest that … unemployment should be concentrated among those who are ultimately employed in high wage jobs. In fact, unemployment seems to be …