Labour market reform, welfare and urban unemployment in a small open economy
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概要
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The paper examines the aptness of labour market reform in a developing country using a three-sector Harris-Todaro model with agricultural dualism and a nontraded final commodity. The paper, contrary to the common belief, finds that liberalization in the labour market may be desirable from the view points of both social welfare and unemployment problem. This theoretical framework may be useful in explaining as to why labour market reform should be regarded as an integral component of the package of liberalized economic policies in the countries in transition.
- Keio Economic Society, Keio Universityの論文
- 2006-00-00
Keio Economic Society, Keio University | 論文
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- Labour market reform, welfare and urban unemployment in a small open economy