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- W128468892 abstract "We model the process of migration from a traditional to a modern sector. Migrants from the traditional sector experience a period of unemployment before finding modern sector jobs. Because of congestion in the process that matches the unemployed with jobs, an increase in the amount of unemployment increases the expected duration of unemployment for the representative migrant. Skilled workers can provide education and other services that decrease the expected duration of unemployment, but the competitive market under-provides these services. Congestion in the search process and the under-provision of migration services are two market failures, requiring two types of government policies. We explain how the analytic model can be studied using numerical methods in order to evaluate government policy." @default.
- W128468892 created "2016-06-24" @default.
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- W128468892 date "2007-05-07" @default.
- W128468892 modified "2023-09-27" @default.
- W128468892 title "Managing migration from the traditional to modern sector in developing countries" @default.
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