Disguised, Urban Unemployment and Welfare in a General Equilibrium Model with Segmented Labour Markets PDF Download

Author: Bharat R. Hazari
Publisher:
ISBN: 9780858168084
Category : Labor supply
Languages : en
Pages : 28

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Author: Bharat Hazari
Publisher: Routledge
ISBN: 1134975767
Category : Business & Economics
Languages : en
Pages : 159

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The impact of increased levels of international trade on domestic labour markets is a key issue for policy makers in both developed and less developed countries. This book considers the most important current issues in this area in the context of models which examine the relationship between trade and employment. It is divided into three parts. The first deals with unemployment, decay and the `Dutch Disease': the second with structural adjustment, urban unemployment and protectionism; the last offers some variations on models of unemployment. In parts one and two the important insights are that minimum wages may cause decay rather than growth and that disaggregation of non-traded goods between urban and rural regions is of critical importance in structural adjustment, protectionism and the real exchange rate. In part three, segmented labour market theory is used to explain urban and disguised unemployment and the importance of proper agricultural policies for rural development is emphasised. Finally the impact of technology transfers on employment in both donor and recipient countries is explored.

Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98

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This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 1451979134
Category : Business & Economics
Languages : en
Pages : 32

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The paper examines formally the effects of labor market segmentation in a two-sector open economy model. The model demonstrates how the structure of the labor market affects the real exchange rate, defined as the relative price of traded and home goods, and is then used to examine the effects of two common labor market policies: increasing the degree of primary market coverage, and implementing wage restraint in the primary market. It is shown that increasing the degree of primary market coverage increases unemployment and leads to a real appreciation. Real wage restraint in the primary market, on the other hand, reduces unemployment, and has ambiguous but probably small effects on the real exchange rate.

Author: Bharat R. Hazari
Publisher: Springer Science & Business Media
ISBN: 1475733798
Category : Business & Economics
Languages : en
Pages : 274

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Migration, Unemployment and Trade focuses on the issues of migration, welfare and unemployment in a trade and development framework. Several chapters of the book analyze the implications of internal labor mobility in a model designed to highlight its implications for regional welfare, urban unemployment, rural-urban dichotomy and structural adjustment. An important innovation in this work is the disaggregation of the economy and the use of separate utility functions to highlight non-homogeneity of preferences. The book also deals with international mobility of factors in different frameworks. In particular it concentrates on the highly emotive issue of legal and illegal migration. Thus this work incorporates interesting and important features of labor economics and factor mobility into trade and distortion theory.

Author: Sarbajit Chaudhuri
Publisher: Springer Science & Business Media
ISBN: 1441911944
Category : Business & Economics
Languages : en
Pages : 246

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This book provides insight into the diverse aspects of the informal sector, its role in the context of unemployment, child labor, globalization and environment, as well as its multi-faceted interaction with the other sectors of the economy.

Author: George McCarthy
Publisher:
ISBN:
Category : Migration, Internal
Languages : en
Pages : 62

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Author: Haishun Sun
Publisher: Routledge
ISBN: 0429839774
Category : Business & Economics
Languages : en
Pages : 188

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First published in 1998 , Sun investigates the ramifications foreign investment has had on China over 1979 to 1996. This empirical research discusses the issues, theories as well as the regional economics to create a discourse in foreign investment in china.

Author: William Francis Maloney
Publisher: World Bank Publications
ISBN:
Category : Informal sector (Economics)
Languages : en
Pages : 32

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The author develops a view of the informal sector in developing countries primarily as an unregulated micro-entrepreneurial sector and not as a disadvantaged residual of segmented labor markets. Drawing on recent work from Latin America, he offers alternative explanations for many of the characteristics of the informal sector customarily regarded as evidence of its inferiority.

Author: Bharat R. Hazari
Publisher:
ISBN:
Category : Capital movements
Languages : en
Pages : 40

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