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...

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Bibliographische Detailangaben
1. Verfasser: Demekas, Dimitri G. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1990
Schriftenreihe:IMF Working Papers Working Paper No. 90/32
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