Macroeconomic adjustment with segmented labor markets
This paper analyzes the macroeconomic effects of fiscal and labor market policies in a small open developing country. The basic framework considers an economy with a large informal production sector and a heterogeneous work force. The labor market is segmented as a result of efficiency consideration...
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Hauptverfasser: | Agénor, Pierre-Richard 1957- (VerfasserIn), Aizenman, Joshua 1949- (VerfasserIn) |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass.
1994
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Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
4769 |
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