Labor Market Segmentation in a Two-Sector Model of An Open Economy

Labor Market Segmentation in a Two-Sector Model of An Open Economy
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... READ MORE...

Publication date: April 1990
ISBN 9781451979138
$15.00

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