| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11386 |
| DP11386 Job Creation in a Multi-Sector Labor Market Model for Developing Economies | |
| Ravi Kanbur; Arnab Basu; Nancy H Chau; Gary S Fields | |
| 发表日期 | 2016-07-12 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | This paper proposes an overlapping generations multi-sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self-employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multisector labor market models in which the creation of high-wage employment exacerbates unemployment. Our richer setting allows for generational differences in the motivations for job search to be reflected in two distinct inverted U-shaped relationships between unemployment and high-wage employment, one for youth and a different one for adults. In turn, the relationship between overall unemployment and high-wage employment is shown to be non-monotonic and multi-peaked. The model also sheds light on the implications of increasing high-wage employment on self-employed workers, who make up most of the world’s poor. Nonmonotonicity in unemployment notwithstanding, increasing high-wage employment has an unambiguous positive impact on high-paying self-employment, and an unambiguous negative impact on free-entry (low-wage) self-employment. |
| 主题 | Development Economics |
| 关键词 | Multisector labor market Overlapping generations Poverty reduction Harris-todaro model |
| URL | https://cepr.org/publications/dp11386 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540199 |
| 推荐引用方式 GB/T 7714 | Ravi Kanbur,Arnab Basu,Nancy H Chau,et al. DP11386 Job Creation in a Multi-Sector Labor Market Model for Developing Economies. 2016. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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