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|c 5.00 USD
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|z 9781451979602
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Demekas, Dimitri.
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|a Equilibria with Unemployment in Segmented Labor Markets /
|c Dimitri Demekas.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1990.
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| 300 |
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|a 1 online resource (20 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The paper proves four theorems in an n-sector model of a segmented labor market, with search costs, and a continuum of workers with different reservation wages, who can apply to any number of sectors. The main conclusions are that: (i) an equilibrium with unemployment always exists; and (ii) some of the unemployment is involuntary, in the sense that it consists of workers with reservation wages below the equilibrium wage in the secondary market. These conclusions hold in the case of both separate and non-separate markets.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1990/032
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1990/032/001.1990.issue-032-en.xml
|z IMF e-Library
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