Title: Unemployment and International Factor Movement in the Presence of Skilled and Unskilled Labor
Abstract:Abstract Widespread unemployment has been observed in some developing countries. On the other hand, extensive movement of labor across countries has also been observed. Therefore, in order to examine ...Abstract Widespread unemployment has been observed in some developing countries. On the other hand, extensive movement of labor across countries has also been observed. Therefore, in order to examine the interaction between the domestic and international labor markets, this paper develops a model that includes unemployment, international factor movement, and the difference between skilled and unskilled labor. The model examines the effect of production subsidies on unemployment and evaluates their effectiveness as a possible policy in order to alleviate the problem of unemployment. Further, this paper investigates the effects of international factor movement on unemployment and welfare.Read More
Publication Year: 2007
Publication Date: 2007-01-23
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 15
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