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In this paper we investigate the effects of technological progress on income distribution, and unemployment, in the … immiserizing, despite the presence of a wage distortion, and urban unemployment …
Persistent link: https://www.econbiz.de/10014072280
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 …
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We implement decompositions of cyclical unemployment in a large developing country using the conventional 3-states and … informal forms of employment. This allows a richer analysis of the dynamics of unemployment that unveils the role played by the … decomposition unveils that the contribution of the flow from informality to unemployment is larger than that of the flow from formal …
Persistent link: https://www.econbiz.de/10014331921
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 …
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