Equilibria with Unemployment in Segmented Labor Markets /

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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Demekas, Dimitri
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1990.
سلاسل:IMF Working Papers; Working Paper ; No. 1990/032
الوصول للمادة أونلاين:Full text available on IMF