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A guide to multisector labor market models (Inglés)

This paper approaches labor markets through multisector modeling. The first main substantive section presents the essence of multisector modeling, in particular, the role of labor market dualism. Given that labor markets often consist of quite distinct segments, a useful and insightful analytical approach is to start with just two interrelated segments. The second main substantive section is on models of wages and employment in the formal ...
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