The Analytics of Segmented Labor Markets

Pierre-Richard Agénor ()

Centre for Growth and Business Cycle Research Discussion Paper Series from Economics, The Univeristy of Manchester

Abstract: This paper provides an analytical overview of models of segmented urban labor markets in developing countries. It begins by reviewing the characteristics of the labor market in these countries, including institutions and regulations that may lead to segmentation. The wage and employment e?ects of imperfect labor mobility between the formal and informal sectors are then illustrated with a simple graphical analysis. Formal models of urban wage formation are discussed next, and a two-sector shirking model with segmented urban labor markets is presented. The model is used to analyze the impact of an increase in the minimum wage on unskilled unemployment.

New Economics Papers: this item is included in nep-dev, nep-lab and nep-ltv
Date: 2005
View list of references View citations in EconPapers

Downloads: (external link)
http://www.socialsciences.manchester.ac.uk/cgbcr/dpcgbcr/dpcgbcr52.pdf (application/pdf)

Related works:
Working Paper: The Analytics of Segmented Labor Markets (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:man:cgbcrp:52

Access Statistics for this paper

More papers in Centre for Growth and Business Cycle Research Discussion Paper Series from Economics, The Univeristy of Manchester
Contact information at EDIRC.
Series data maintained by Marianne Sensier ().