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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Bibliographische Detailangaben
Hauptverfasser: Agénor, Pierre-Richard 1957- (VerfasserIn), Aizenman, Joshua 1949- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Cambridge, Mass. 1994
Schriftenreihe:National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 4769
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