G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1093
DP1093 Unemployment: Where does it Hurt?
Rainer Winkelmann; Liliana Winkelmann
发表日期1995-01-31
出版年1995
语种英语
摘要This paper presents a model of development of an economy comprised of a rural-agricultural sector and an urban-industrial sector. The interaction of investment with unemployment creates a channel for potentially divergent long-run outcomes. If the urban-industrial capital stock falls short of a threshold level, the urban-industrial sector will not develop. If the capital stock is high enough, there is a unique path by which it will develop. Between these two extremes is a region of indeterminacy where expectations can play a pivotal role in determining the long-run outcome.
主题International Macroeconomics
关键词Development investment Restructuring Unemployment
URLhttps://cepr.org/publications/dp1093
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530241
推荐引用方式
GB/T 7714
Rainer Winkelmann,Liliana Winkelmann. DP1093 Unemployment: Where does it Hurt?. 1995.
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