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- W2055441565 abstract "The classical Harris-Todaro model may be viewed as explaining the formation of supply in a dual economy, hence as definining a partial equilibrium. The aim of this paper is to build a general equilibrium model with migration possibilities where all the agents have explicit maximizing behaviour. Assumptions on wage-price rigidities allow consideration of various supply-demand configurations. One of the most interesting results is that policy recommendations derived from the usual Harris-Todaro model are not valid when excess supply prevails." @default.
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- W2055441565 date "1985-12-01" @default.
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- W2055441565 title "Migration equilibrium with price rigidity: The Harris and Todaro model revisited" @default.
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- W2055441565 doi "https://doi.org/10.1016/0022-0531(85)90093-6" @default.
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